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The Tax Man Cometh – #FLMonth

by Don Current on April 15, 2011

1040 Tax Form

photo courtesy John Morgan

In honor of “tax day”, Jon White of JW’s Financial Coaching asks about refunds.

Question: By getting a tax refund from the IRS you…

A) Did something good and the Government is rewarding you
B) Got lucky and can now make a downpayment on a new truck
C) Gave the IRS an interest-free loan in the amount of your refund

Did you get a big tax refund this year? There are various online calculators to help you adjust your withholdings so you can bring home more of that money.