| Well, its tax season again. That means millions of | | | | interest. |
| people will be rushing to file before the deadline and | | | | I've also heard people say that they want to make |
| just as many will be eagerly awaiting their return. Tax | | | | sure that they don't owe money at the end of the |
| returns are a funny thing. People tend to treat them | | | | year. This is probably the most reasonable train of |
| differently than any other money. The rest of the year | | | | thought, however, it still does not hold water. When you |
| they will save, pinch pennies, and budget. When they | | | | file your tax return, you are telling the government how |
| get their tax return, they go wild. | | | | much money they should have taxed you on. If you |
| In fact, I've seen people go so far as to make sure | | | | either forget about a deduction, or are not aware of |
| extra taxes are withheld throughout the year just so | | | | one, you will not get that extra money back. It would |
| that they can have a large return! One person I talked | | | | be financially smarter to pay less throughout the year, |
| to said that they did this as part of their saving plan. | | | | and then establish what if any more you owe at the |
| This does not make good financial sense though. First | | | | end of the tax year. |
| of all, as I mentioned, people tend to spend the money | | | | With the advent of the Internet, taxes have taken on a |
| from their returns more freely. Second of all, you are | | | | whole new life. You are now able to file online, as well |
| allowing the government use of your money | | | | as use different computer programs to help you |
| throughout the year. You are not paid interest or | | | | calculate your return and even register to have your |
| anything like that on your oversized return. Had you | | | | tax return deposited directly into your bank account. |
| invested the extra money, or even just deposited it in | | | | This is a quicker way to both file, as well as receive |
| your savings account, you would have earned interest | | | | your return. However, one should be careful not to |
| on it through the year. By paying too much in taxes | | | | wait too long to file just because of the instant nature |
| through the year, you are losing the chance to earn | | | | of the Internet. |