Did you know that as at March 18, the IRS has already issued refunds to 64.6 million taxpayers amounting to $193 billion? Each taxpayer received a sizable average of $2,985 in tax refunds. Even those who put off filing their tax returns until the last minute will eventually receive their refunds. But there’s no telling when your refunds will arrive. And when you are in need of some urgent cash, the longer you have to wait for refunds, the more difficult it is for you.
Wouldn’t it be nice if you could control your tax refund? The best way to do that is not to have to rely on receiving your refund in the first place. The most sensible way to achieve that is to minimize the amount of refund you are entitled to, or better still, not have any refund at all.
Please see full article below for more information.
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Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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