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Contributed by mm | February 1, 2007 11:29 AM PST
Do you know the average tax refund is over $2,000 for the last five tax years? Some quick adjustment of your W-4 form may allow you to touch the refund earlier.
From IRS/USA Today:
1995 $1,263
1996 $1,335
1997 $1,402
1998 $1,601
1999 $1,698
2000 $1,802
2001 $2,043
2002 $2,033
2003 $2,126
2004 $2,171
2005 $2,264
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Taxpayers May Direct Refund To Three Accounts (February 2, 2007)
Yes, it is good to have the flexibility of sending your tax refunds to three accounts, and you may use it to defeat your spending habits so you can save more for retirement. However, it is a bit over-engineering for me. By the way, the ...
Why You Shouldn't File Your Tax Early (January 31, 2007)
WSJ tax columnist Tom Herman discussed why some recent changes in IRS regulations may bring confusion in investment income reporting, and you'd better to wait for your brokerage firms to sort it out before filing your return.
How Will Democrats Resolve the AMT Issue? (November 25, 2006)
It is in both parties' best interest to extend the AMT relief, but given Democrats' preelection commitment of better fiscal discipline, it will be hard battle to find where to cut budget or raise taxes to offset the loss of AMT revenue.
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