(BPT) - April 15 is quickly approaching, so it's essential to prepare to file your taxes as soon as possible. While it's human nature to procrastinate, there are definite benefits to starting now.
One of them is refunds. Last year's average tax refund was over $3,000, making it the largest check many Americans receive all year. With rising costs putting the squeeze on your budget, there's no reason to delay receiving your refund. According to a new study conducted by Qualtrics on behalf of Intuit TurboTax , a majority of Americans (69%) say they expect to receive a tax refund this year, and most of those respondents (70%) say they use their refund to cover basic living expenses, like paying rent and paying bills. And due to new tax laws, filers are expected to see an up to $1,000 increase in their refund, providing plenty of motivation to start now.
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