2012-03-08 / Local & State

Make The Most Of Your Tax Refund

This year, the IRS estimates the average federal tax refund will be about $3,000. That’s the largest single chunk of disposable income most taxpayers receive in a year. If you’re due to cash in, don’t waste it on things you don’t need.

Make sure you get the biggest refund possible. Good tax preparation software, like TurboTax, can help you achieve this.

Put the money toward goals like college, retirement, or eliminating debt. Consider free online services like Mint.com, which help you establish a budget for these goals. Or use desktop software, such as Quicken, to manage this sudden cash flow.

Getting a refund is not winning the lottery; it’s your income, so invest in your future.

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