More from Balancing Priorities: The wackiest tax deductions you never knew existed Why
a huge tax refund is a bad strategy 6 secrets to improving your credit score
To avoid being caught off guard by an unexpected tax bill or
huge tax refund, you'll need to adjust your withholdings on your paycheck.
A few years ago we got
a HUGE tax refund and I've been working to scale things back since by adjusting our payroll deductions.
Not exact matches
Does
tax time leave you with a
huge refund or a
huge bill?
«People need to realize that if they are using RRSPs and spend the
refund, they are converting after -
tax dollars to before -
tax dollars and that has a
huge impact on what their RRSP will produce in terms of income at retirement.»
If you consistently get
tax refunds every year, using that money wisely can provide a
huge boost to your financial well being.
Years ago, a coworker bragged to me how his «
tax guy» got him a
huge refund.
Pay Down Debt Whether you use the debt snowball or debt avalanche method, using your
tax refund to help pay down debt can remove a
huge weight off your shoulders and save you tons in additional interest.