Unless you've filed for an extension, today is the last day to get your taxes turned in to the IRS. It also happens to be Tax Freedom Day, when the average American has worked enough days to have paid all their taxes for the year.
Doing your taxes done is never fun, so it's no surprise that many people postpone it. But there's a price to pay for delay: Procrastinators tend to spend more on the process.
You may see your tax refund check as a choice between a crazy splurge and responsible saving. But you could also put that money to work for you less conventionally. Here are five good ways to spend $1,000 of your April windfall that you might not have considered.
If you just got a big tax refund, most experts will say you'd be better off adjusting your withholding. But lately, that traditional advice hasn't really applied.
Your taxes are filed and done. Victory dance? Actually, hold on. There's one more step you should take, whether you got a big refund or owed Uncle Sam a big check: It's time to take another look at your withholding.
Chalk it up to the nation's lingering economic malaise: More Americans this year plan to sock some of their tax refund away in savings. If you're among them, here are a few smart ways to stash that cash.
As many as 60 million Americans have limited or no access to banking services, and many of them will get tax refunds this spring. Typically, this is where payday lenders come in, cashing the checks for big fees, but now there's a new cashier offering to do it for much less: Walmart.
Over the years, taxpayers have concocted a lot of zany arguments to justify tax deductions. We've come up with what we think are the 10 most creative ones that the tax courts decided didn't quite pass muster.
2011 wasn't a good year for those expecting big checks from the IRS. Not only were fewer refunds delivered, but the average refund was smaller. That's no surprise in this economy, but it's also a sign that Americans are getting smarter about how we handle our taxes.
There may be a way to unlock some extra cash for the holidays right under your nose. If you're getting a tax refund of more than $500 come springtime, it means you are giving the government an interest-free loan. Wouldn't you rather have some of that money now? Here's how to get it.
Value-added taxes are big revenue generators in Europe, but if you're not a local person or business, you're supposed to be able to get them refunded. Tell that to the almost 72% of companies spending money overseas that have had trouble getting their VAT refunds or the 21% that have been unable to reclaim any VAT at all.
Americans get three extra days this year to file their income tax returns, but if you've put off doing your taxes, it's time to get organized -- and possibly to get help. Because if you owe Uncle Sam, even if you file for an extension, you'd better have his check in the mail by midnight Monday.
For more than three-quarters of U.S. taxpayers, the silver lining of tax season is the refund check. This year, the IRS says the average refund is just under $3,000, and many people will use theirs to pay off debt or cover expenses. But it could also create an opportunity to save or invest.
