Tax Day!!!!

[twodavez]

Happy Tax Day!

Hope everyone is already filed or has their return ready to put in the mail today!

And just remember, if you're getting a refund (especially if it's large >$1,000), you've overpaid and given the government a interest free loan all year long. Do yourself a favor and talk it over with your tax guy/gal and get your W-4 updated so you're not getting as much of a refund and get to use your money throughout the year, instead of just just April.

Good luck everyone!

[Cyphis]

Yeah well, the government needs all the help they can get.  But I like getting back a big refund.  Vacation money.!!

[twodavez]

Yeah, but you're vacation money is being borrowed by the government and they're not paying you for it. At least with a savings account, you'd get some kind of interest rate. They do make Vacation Club type programs at banks where you can make deposits through-out the year and then they'll cut you a check around vacation time to use... It's the same thing, but you have access to that money through out the year if you have an emergency, and you're earning a little (i mean very little) interest. 

Happy Vacationing!