by Bryce Matteson
With the exception of extensions, most of us have filed our tax returns for last year. Are you getting a refund and if so, is that a good deal?
The question is best answered with another questio: Are you using your money that's being refunded back to you as wisely as possible? Have you ever put on a coat you haven't worn in quite some time and were surprised to find a dollar bill in one of its pockets? There's something exciting about finding lost money. Sometimes we take it as a sign that things are going our way and we become more carefree with this re-discovered money and the way we eventually spend it. There are a lot of us who get refunds.
According to the Internal Revenue Service, more than 56-million Americans received a refund on their income taxes last year. The IRS goes on to say the dollar amount of refunds is growing. The average in 2005, according to the tax service was $2,500 dollars -- about $100 dollars more than 2004.