This is your instant pay raise. This is a HUGE money Opportunity that can create a few hundred dollars every month by itself! Every time you get paid, the government takes what it believes is its fair share of your hard earned money first, which is at least 15%!
Billions of workers simply accept this loss of cash without doing anything about it. And, when tax refund checks are received each spring, people get excited about getting their own money back! However, the truth is that refund checks are nothing more than what's left over after you make an interest free loan to the
government, and some people pay extra to get their own money back by using refund anticipation loans!
If you are like most people, you over pay in taxes. You give a guy named Sam (my Uncle would never take money from me like this!) an interest free loan for 12 months. Then, every spring you wait with excitement and anticipation for this guy Sam to give you some of your money back! Really, it is just some of your money. Look on your W-2 to see how much money you loaned Sam without any interest, and compare it to how much you got back. There's no reason to give that guy Sam an interest free loan, especially if you're struggling to make it from one payday to the next.
Look at these numbers... If you get a $1,200 tax refund check, that's $100 each month ($1,200/12 months) that your accountant could possible get legally add to your paycheck each month.
Talk to your professional tax preparer, who is preferably an accountant, to see if you can adjust your withholdings to get more of your money in every paycheck.
~The Skinny Book that Makes your wallet fat~
