The Smartest Way to Spend your tax refund!

7/5/2017

Every year we settle up with the US Government when we file our taxes. We learn if they will owe us or will we owe them. Well if you have consistently received a tax refund annually then you are missing out!

When you take out a loan from any financial institution you are required to pay that loan back on time every month with interest. Therefore you are paying more then what you asked for... it's the cost of money.

Now the Federal Government is doing the same with your money (given you receive a refund) only they are not paying interest on the funds that they take out of your paycheck every month. You can invest your own money and based on where you invest your money will grow from the interest compounded on the initial investment.

So let this be your last year receiving a refund and invest in your financial future!

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Important Disclosures

Spencer Accounting Group, LLC does not provide investment, tax, legal, or retirement advice or recommendations in these blogs. The information presented here is not specific to any individual's personal circumstances.

To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.

These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable — we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

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Author

Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion. Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.

Keana founded this website and decided and created this blog page to offer a space for those seeking knowledge to understand, however not to be confused with advice or planning strategies.

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