Tax Refund

Get a Bigger Retirement with your Tax Refund

If you’re getting a tax return, you probably have ideas on how to spend it. A well-deserved getaway — somewhere peaceful with no Wi-Fi access sounds nice. So does an upgrade to your home’s outdated appliances — and a little extra fun money to freshen u…

Baby Boomers and Taxes: Where Do Their Refunds Go?  

Millennials versus baby boomers (and vice versa): It seems like a feud of stereotypes destined to live in infamy for ages. Many of the classics — pervading opinions like “Millennials are entitled and lazy” and “Boomers won’t ever catch up with modern t…

5 ways millennials are spending their tax refunds

Notice a smaller refund last year? You’re not alone. The average tax refund dropped by about 2%, according to the IRS. The upside? More people got them. About 95.7 million refunds were issued, a small increase from the 95.4 million …

5 smart ways to spend your refund

The average 2019 tax refund was $2,833 — that’s a big pay day. Regardless of the amount, refunds can do big things when used wisely. Consider your family goals: Want to be able to pay cash for college? Want a house that’s all yours? Or maybe you’d like…

How to Check Your Refund Status

Let’s say you filed your tax return, and the IRS owes you a refund, which usually occurs because you had excess tax withheld from your pay. You’d like to know when you can expect to receive that lump sum. Is there a way to find out?

Why Your Tax Refund Could Be Lower Than Expected

If you count on getting a tax refund every year when you file your return, you may be worried about recent reports that tax refunds are lower than usual this year. With all the changes as a result of the Tax Cuts and Jobs Act of 2017, there is a lot mo…

How Retirement Contributions Impact Your Tax Bill

We all know how important it is to save for retirement. If you’ve started contributing to a retirement plan, at work or on your own, the next thing you’ll want to know is how to deal with it on your tax return.
Fortunately, entering retirem…