While many people may not give taxes much thought until it's time to file their returns, taking a proactive approach to tax planning can help you save money and make the most of your investments.
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Often times, people do not include their tax refund in their budget as they are not sure how much it is going to be, or if they will be receiving a refund at all. Therefore, it’s important that you know how to use your tax refund wisely so that you can improve your overall financial portfolio rather than spending on things you don’t need.
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