10 Tips for Getting the Biggest Tax Refund


Invest in Tax Planning

Tax planning is one of the best ways to take advantage of all these deductions and get the maximum tax refund possible. Tax planning often starts at the very beginning of the year and takes into account how much money you'll earn and how different expenses (or extra income) affect the total tax amount that you'll owe. Planning also helps you evaluate different ways of using your money to buy needed, yet tax-deductible items or make other tax-reducing investments.

A tax-planning professional (or you, if you're your own best accountant) can play with the numbers in computer software to evaluate what changes you can make to lower the tax bill, therefore upping the refund.

For more tax tips, check out the links below.

Last editorial update on Apr 2, 2019 03:49:14 pm.

A special thanks to Andy Lafond, CPA, accounting professor at Lasalle University, who helped us update this article to reflect major changes to the tax code.

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How the IRS Works

How the IRS Works

The IRS or Internal Revenue Service handles taxes. Learn about the history of the IRS and how it enforces taxes.