The Income Tax Deadline is Approaching. Are You Expecting A Refund?

Tax time concept, accountancy, tax refund concept

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Is there a support group for procrastinators? Like a P.A. ...Procrastinators Anonymous? if there is, well, Hi, my name is Matt and I'm a procrastinator! (group says "Hi Matt"). The deadline to file your income tax is about one month away and I haven't even bought the software. And to further complicate the matter, our laptop is broken. I put off this process every year so why should this year be any different. This year will be even more challenging as we had a tone of medical bills in 2023. But fingers crossed, we'll get it done correctly and get a nice refund. Not sure how we'll spend it, but I'll say this, we need it. - Matt Appleby

Expecting a tax refund? With the tax deadline just a little more than a month away, everyone sure could us a nice refund check, but a poll finds that a quarter of Americans actually have no idea if they'll be getting anything back from the government this year, and that's causing them a lot of stress. Those who do expected a refund, say they expect to receive about $2000 – because that's what they typically get. But unlike in years past, when they may have spent that refund check on vacations or luxury items, 67% say they will spend it more responsibly this year, including 36% who say they will save it. 

Think about this:

  • If you're getting a refund this year, what do you plan to do with it?
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  • Remember, a refund isn't a gift from the government. It is your tax money that you overpaid to the government. 
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  • Do you get a little extra stressed out during tax season?

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