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Tax Day

With tax day upon us here is some food for thought. If you are getting a refund, it is not a bonus for doing a good job. It is a refund of your own money because you overpaid your taxes.

You basically gave Uncle Sam an interest free loan and now he is paying you back.If you calculated your tax liability correctly, you would owe nothing and getting nothing back.

Want to give yourself a raise?  Reduce your quarterly payments or change your W4 withholding allowances to take less out each pay period.

Talk to your tax adviser to get the correct calculations.