Tax returns to be stored in savings

Tax returns to be stored in savings

Playing it safe and planning ahead, Americans plan to stash their tax refunds into savings this year. According to the National Retail Federation’s annual Tax Returns Survey conducted by Prosper Insights and Analytics, 47 percent of those expecting a refund plan to put the money into savings, the highest percentage in the survey’s history. Nearly […]

Americans will spend tax refunds this year

For the last two years, many Americans skipped family vacations, saved their tax refunds or used them to pay down debt. But this year, many Americans plan to cautiously start spending their tax refunds once again. The National Retail Federation’s  2010 Tax Returns Consumer Intentions and Actions Survey showed 43.9 percent of Americans who receive […]

Time running out to claim 2005 tax money

About 23,700 Coloradoans would be eligible for $20.7 million – a median amount of $532 per individual – if only they would file a 2005 tax return. The Internal Revenue Service announced Tuesday that taxpayers must file returns by April 15 in order to collect a refund for 2005 taxes. It’s not exactly chump change, […]