Financial advisors recommend that American taxpayers attempt to adjust their tax withholding to see that they neither have to pay the IRS nor get a refund. This happy medium is difficult to achieve, and the average tax refund is a little more than $3,100. This is admittedly a nice windfall for most folks. The question then arises of how this refund should be used. Here are some options that will help improve the average American’s long-term financial standing. Pay Off High-Interest Debt The average household in the US now has about $16,000 in credit card debt. Even if the interest rate were…
Ways to Invest Your Tax Refund
