SURE, IT'S NICE TO GET THAT BIG TAX REFUND, BUT IT'S NOT REALLY SOUND MONEY MANAGEMENT. THAT'S ACCORDING TO IRS SPOKESMAN FOR NEW MEXICO, BILL BRUNSON. HE SAYS ALL THAT MONEY ISN'T EARNING ANYTHING FOR YOU WHILE IT'S IN THE HANDS OF THE IRS, AND IT APPEARS THEY HAVE A LOT OF EXCESS CASH ON HAND, IF THE AVERAGE REFUND IS ANY INDICATION. THIS YEAR IT WAS JUST UNDER 3-THOUSAND DOLLARS.
HE SAYS TAXPAYERS CAN ADJUST THEIR FILING STATUS TO GET CLOSER TO A ZERO BALANCE AS TAX TIME ARRIVES. THE FORM TO USE IS THE W-4 WHICH CAN BE FOUND ONLINE AT "IRS-DOT-GOV".
