9 Ways To Use A Tax Refund

AAA

Uncle Sam's Ingratitude

When it comes to taxes, most people end up paying more than their fair share throughout the year – only getting them back months later as a refund. How can a refund be a bad thing? Well, a refund is basically the government repaying the principal on a loan from you, sans interest. To put a stop to your unintentional charity, you need to adjust your withholding when your situation changes (you buy a house, you get married, etc.). If, however, you didn't get around to it, we'll look at how to use your tax refund to strengthen your overall financial situation. (See Money Saving Year-End Tax Tips and Common Tax Questions Answered for more on adjusting your filing.)
  1. No results found.
Related Articles
  1. Taxes

    7 Reasons Why You Haven’t Received Your Tax Refund

    The reasons for a delay in getting your tax refund range from incorrect information on your forms to a debt offset. Here are five more, plus remedies.
  2. Taxes

    5 Ways To Double Your Tax Refund

    Many companies offer incentives that allow you to multiply your tax refund - at a price. Here are five of the more popular promotions this year.
  3. Personal Finance

    Are 'Free' Tax Refund Loans Really Free?

    While tax refund loans are now completely free, getting one can cost you in tax prep and other fees.
  4. Taxes

    Top 6 Reasons You Could Face a Tax Refund Delay

    Several factors could lead to a tax refund delay, such as having errors in your filing or claiming certain credits that are favored by the cheats.
  5. Taxes

    Refund Anticipation Loans Generally A Ripoff

    These short-term loans can provide much-needed cash, but the instant payout comes at a cost.
  6. Taxes

    Top 6 Ways To Increase Your Tax Refund Now

    Planning ahead can generate a larger tax refund down the road - these tips will get you on the right path.
  7. Taxes

    Is Filing an Early Tax Return a Good Idea?

    Filing an early tax return makes sense if you are receiving a refund, but what if you owe tax? There are more reasons to file early than just a refund.
  8. Taxes

    Why a Big Tax Refund Isn't Always a Good Thing

    While a tax refund may seem like a nice spring bonus, it is actually a free loan to the government.
  9. Taxes

    Avoid The Prepaid Tax Refund Debit Cards

    Here are reasons why you shouldn't get a prepaid card from TurboTax, Jackson Hewitt, TaxAct or H&R Block.
  10. Taxes

    It's Tax Season, Are You Prepared?

    It's tax season again. Use these tips to be prepared to file and protect yourself from cybercrime.
Hot Definitions
  1. IRR Rule

    A measure for evaluating whether to proceed with a project or investment. The IRR rule states that if the internal rate of ...
  2. Short Covering

    Short covering is buying back borrowed securities in order to close an open short position.
  3. Covariance

    A measure of the degree to which returns on two risky assets move in tandem. A positive covariance means that asset returns ...
  4. Liquid Asset

    An asset that can be converted into cash quickly and with minimal impact to the price received. Liquid assets are generally ...
  5. Nostro Account

    A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. Nostro accounts ...
  6. Retirement Planning

    Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve ...
Trading Center