12.21.2015 /

3 Simple Ways to Increase Your Income Tax Refund

As the holidays approach, piles of wrapping paper can turn into piles of receipts.  Try these 3, simple tips that may help increase your refund at tax time.

  1. Organize Your Receipts: Keeping track of your receipts year ’round is now easier than ever with NeatReceipts™. NeatReceipts can help you turn receipts into digital records backed by Neat’s servers with bank-level encryption.
  2. Donate to a Charity: When you give by December 31, you can reap the benefits in deductions at tax time. The holiday season is the perfect time to help children, elders, and families in need. Visit Volunteers of America to learn more about their holiday Gifts of the Heart program.
  3. Increase Your Knowledge: Enrolling in a course can help you earn up to $2,000 with the Lifetime Learning Tax Credit if you pay tuition by December 31. In addition to increasing your tax refund, you might increase your odds of a promotion if you learn things that boost your effectiveness at work!

The information mentioned on this web site is for informational purposes only and intended to provide general guidance. Each person’s situation is unique and may materially differ from the information provided herein. You should seek the advice of a tax consultant or legal counsel to address your specific needs.