For Most Taxpayers, Getting a Big Refund Feels Good
For most taxpayers, getting a big refund feels good. According to the IRS, the average American received a refund of $2,860 in 2016. Awesome! That should cover the summer vacation or make a down payment on a vehicle. But wait, why you are getting this nice windfall? It’s because you gave the government an interest-free loan the previous year! Your paycheck
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