RefundtalkOverall, 30 percent of Americans intend to pay down debt with their tax refund, 28 percent say they will save or invest it, and 26 percent have earmarked those funds for necessities such as food or utility bills. “I think it is a sign of how people feel about the economy and where we are…
Category Archives: Tax Refund Planning
Do you expect a Tax Refund this year, or do you think you will owe Taxes?
Recession-weary taxpayers awaiting a tax refund check from Uncle Sam will not indulge in unbridled consumer spending this year. Instead, 84 percent of Americans receiving refunds intend to pay down debt, save or invest their windfall or use it for everyday necessities, according to a new poll.Only 7 percent plan to fritter the money away…
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