April 2, 2018
Are you expecting a tax refund? If so, don’t treat your tax refund as ‘bonus’ cash. Rather look at it as simply a return of taxes paid beyond your actual obligation. This will help you think about using this money purposefully. Here are some ideas to try:
While it is tempting to use your tax return as a windfall, it is important to remember that you earned it. Also, if you are receiving a sizable refund, consider adjusting your tax withholding amount, so you have more of your income to use to cover expenses throughout the year.
Questions? Please contact our firm.
As a full-service accounting firm with offices in Covington, LA and Key Largo, FL, Summersgill CPA offers a full range of traditional accounting services. But that’s where “traditional” ends. Offering deep analysis and insight into the numbers, we work with business clients throughout the year—guiding them toward smart, sound business decisions.
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