Use your refund wisely Your refund may seem like a windfall, but it’s really a return of your money. Get the most out of your tax refund with these smart money moves, so you won’t wonder, “Where did it all go?” in a few months. Whether you plan to get a tax refund or it...
Before you go on a spending spree with your tax refund, consider using your refund money wisely to give your finances a boost. To determine how you should prioritize your different short- and long-term financial goals, I spoke with Michael Hershfield, fo
Use the eFile.com Paycheck Calculator when you complete your W-4. Do not hand over too much in tax withholding per paycheck to the IRS only to get it back sometimes over a year later as your tax refund. This is your money, so let us help you plan wisely. Want to see how your ...
This DIY tax filing guide has been updated for the 2024 tax filing (2023 tax year).We’re smack dab in the middle of the 2024 tax filing season. If you visit the IRS website and have a look around, there really is no simple tax guide to get you started (there is a142-page book...
Working hard all year to help your company meet its annual goals deserves a reward, and you've definitely earned that bonus. But bonuses count toward your income for the year, so they're subject to income taxes. Read on to learn how much tax you can expe
The government will then hold this money until you file your taxes, and they’ll pay it back to you in the form of a tax refund. Some taxpayers prefer this method because they feel it forces them to save money that they wouldn’t. In the past, I could understand this strategy. But ...
Of course, it would be a few days before you could use the money because a check of that size would have to clear through your bank before you would be allowed to draw against it. So, there would be a few days when you would feel rich without actually being so. You would feel rich...
Set a monthly savings goal and stick to it. Automatically transfer funds to your savings account every time you get paid. Save your tax refund (if you get one). Sell stuff you no longer need. If possible, set up monthly automatic transfers to your savings accounts, so you take care of...
Capitalize on existing skills by starting a side hustle.You may have a valuable talent that can help you create a small business to bring in extra income. The money can help you make larger payments and set you on the road toward financial independence. Use extra windfalls. Tax refunds, gif...
Manage Your Storage Wisely Running out of your phone's storage space can lead to data loss during an update. Periodically review and delete unnecessary apps, photos, and videos. Offload apps you rarely use and consider investing in more storage if needed. ...