Average Refunds Increase: What You Need to Know
Maximizing Your Tax Refund: Simple Tips for More Money Back
During tax season, Americans are getting slightly more money back from the government than last year, according to the published article of The Ascent. Americans are receiving $3,207 as their tax refund which is a little higher than before. This increase is because the government made some changes to the rules because prices for things have been going up. These changes mean that if you earned the same amount of money last year as you did the year before you might get more money back this year.
If you want to get the most money back from your taxes there are a few things you can do. First, you can do your taxes by yourself instead of paying someone else to do them for you. Another thing you can do is put some money into a special retirement account called a traditional IRA before April 15th. This can help lower the amount of money the government says you have to pay taxes on and could mean you get more money back. Lastly, you can look at all the things you spent money on last year and see if you can get even more money back by telling the government about them.
Average Refunds Increase: What You Need to Know. (photo: CNBC)
Average Refunds Rise: Plus, Exciting News on a Top Credit Card Deal
There’s also some news about a credit card that’s really good. It has a special offer where you don’t have to pay any extra fees for the first 15 months and you can get some money back when you use it to pay for things. This card seems like a great choice for anyone who wants to manage their money well. So while people are thinking about taxes there’s also some good news about ways to save and even earn some extra money.
