Jeff Socha – The Case of the Vanishing Tax Refund

from Financial Survival Network

Tax expert Jeff Socha returns… The new tax law definitely put more money in most people’s pockets. However, due to an anomaly of the tax tables and payroll tax computation software, many people have received smaller refunds. What they fail to understand is that they still ended up with more money and paid less taxes. Their overpayment to the IRS was smaller and therefore their refund was less. And that’s actually a good thing, because overwithholding/overpaying the IRS is actually an interest free loan to the government.

We are primarily funded by readers. Please subscribe and donate to support us!

Click Here to Listen to the Audio

 

 

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.