Why a Big Tax Refund is Not a Good Thing (MUST WATCH)

Big Tax Refund! Sounds good... Heck, and they look really good too. But is having a big tax refund in 2021 a good thing? Well, it may surprise you to learn why it's not. Before you react, make sure you watch this entire video on why big tax refunds may not be a good thing. Subscribe: https://bit.ly/2HJlq46 So what is a tax refund? Well it’s not just free money from the government (though it might feel that way) Usually, people are excited to receive a tax refund and it is really good news for them. Well as a CPA who prepared at least hundreds of returns, I can tell you that a tax refund is usually the result of a mistake. Outline for Big Tax Refunds: Big Tax Refunds intro: (0:00) What is a Tax Refund?: (0:46) Why Tax Refunds are Not Good: (1:47) Other Reasons for Tax Refunds: (3:31) How to Avoid Tax Refund Mistakes: (4:09) Business Owner Tax Mistakes of Overpaying: (4:56) if you are wondering where your tax refund in 2021 is or why your tax refund may be delayed then make sure you watch these videos. Tax topic 152:    • Tax Topic 152: No Bars! Is Your Refund Is ...   Tax refunds in 2021:    • Tax Refund 2021 Update: Still Processing? ...   Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: https://lyfeaccounting.com/coming-soon/