The Internal Revenue Service (IRS) recently warned senior citizens and other taxpayers to beware of an emerging scheme tempting them to file tax returns claiming fraudulent refunds.
According to a recent National Retail Federation survey, this year more Americans plan to save -- not spend -- their tax refunds than any year in the survey's nine-year history. The survey found 43.8 percent of those expecting refunds will stash some of their cash in savings, up from 42.1 percent last year. If you're fortunate enough to receive a tax return this year, consider following suit and putting it in savings. Here are some other financially smart uses for your tax return.
Page 14 of 21
Marketing and Website provided by SPC
At times, we may provide links to sites outside the control of our bank. We do not make any representations concerning the linked sites' contents or availability.You should review each site's privacy and information security policies carefully before you enter confidential information. Deposit and loan products offered by United Bank & Trust, Member FDIC, Equal Housing Lender. The standard insurance amount is $250,000 per depositor.