Most people consider a tax refund to be a good thing.
But is giving the government an interest-free loan really something to brag about?
That purchase you made with your big tax refund? You could’ve put that money in a bank account and made a minimum of a few percent interest (before taxes and inflation of course).
Aim to defer the most amount of taxes you can and feel is worth your time and money to file the appropriate paperwork to do so. Then brag about how you were able to afford what you wanted a lot sooner than waiting until you receive the principal on your interest-free loan to the government (otherwise known as a tax refund).
