Last-minute tax tips for filers

(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.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.