Published on February 3, 2017 by blackpump

Talking about refunds, I know it feels good to get a refund. Do you know that refunds simply means “here’s your change from uncle Sam”, that is,  you overpaid your taxes without interest. Yes, bank interest rate is close to 0% for savings account. I get that. But how about that credit card that you are paying 15% – 28% on. Something to think about as you start 2017. If you are getting a huge refund year after year, consider adjusting your withholding rate.

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