Almost every financial decision you make has an effect on your taxes and, ultimately, your bottom line. Kevin reviews some things that can reduce your tax liability.
Options for Your Tax Refund
What should you do with the money? A look at some choices. Each year, about 70% of taxpayers receive a federal tax refund. The average IRS refund is substantial—$2,800. What could you do with a tax refund sent to you? You could invest that money. It could go into your workplace retirement plan, an Individual Retirement Account, or a college …