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| Articles about Tax Refund |
| An e-mail and website about claiming my tax refund | | 2008-04-25 10:00:51 | | This is another e-mail that we think is a scam. I received the same e-mail twice now, supposedly from the IRS, saying that I can claim a tax refund, but then when I went to visit the site, it gets complicated. I have to disclose all my personal information such as my name, address, bank account, bank name, and even my pin number. Now just what kind of a tax refund is that asking for my pin number... | | By: Simply Me | | |
| | Tax Refund Strategies | | 2008-03-28 12:30:06 | | What should you do with your tax refund?How you invest in RRSPs, especially what you do with your income tax refund is an often-overlooked practice that has a huge impact on the size of your retirement funds. In this section, we identify five RRSP refund strategies, each producing different levels of retirement income.To illustrate, let’s say that you have $1,000 to invest and are in a 50% tax bracket.Strategy # 1: Spend your refund Unfortunately, the most common RRSP refund strategy is to spend it. If our primary goal is to produce never-ending retirement income, we must recognize that if the refund is spent, it produces absolutely no retirement benefit. The $500 tax deduction that Melissa receives for contributing $1,000 to an RRSP reduces her after-tax cost from $1,000 to $500. Therefore, if she spends the refund, Melissa’s after-tax commitment to her retirement goal is only $500. Strategy # 2: Reinvest your refund As a disciplined investor, Melissa knows that to get more bene... | | By: Insurance Spot | | |
| | 5 Reasons Why You Should NOT Get A Big Tax Refund | | 2003-03-28 23:01:00 | | I will never forget the day one of my tax clients came to pick up his personal income tax return.
"How's it look?" he asked.
"Well," I said, "You're getting a refund."
"Great! How much?"
"Oh, it's a big one," I said. "Over $5,000 dollars."
Mr. Taxpayer couldn't have been happier. He face lit up like a light bulb. He was ecstatic -- he sincerely believed that he had "beat the tax man" by
... | | By: Article Today | | |
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| Your Income Tax Refund: Sofa, Pecs, or Freedom? | | 2003-03-25 22:55:00 | | Your Income Tax Refund: Sofa, Pecs, or Freedom? What will your tax refund 'buy' for you this year? A lovely sofa? Perfect Pecs? Freedom? I hate to admit it, but I almost bought the Pecs. I opened a colorful brochure that caught my eye...
And, there it was... the perfect way to *invest* my refund: in myself -- with my very own home gym! Who doesn't deserve those Abundant Abs, that perfectly
... | | By: Article Today | | |
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