Taxes

TAX REFUNDS

Gimme My Money

This morning, tax expert Roni Deutch was a guest on my radio show.  First, I need to know what that woman eats for breakfast.  She is a bundle of energy on a subject that puts way too many people to sleep.  But she made a really important point about tax refunds.  If you’re among the Americans who receives one each and every year — and tax refunds have been running, on average, about $2400 for the past few years — or even if you simply got one last year, I want you to think about changing your withholding.  Here’s why: When you get a tax refund, that means you’ve been giving the government an interest-free loan. More…