3 ways to get a bigger tax refund

  • by:
  • Source: CBS News
  • 09/22/2022
The complexity of the tax code can make filing taxes a chore, but you can also use it to your advantage. The many possibilities for tax deductions and tax credits, for example, can help you legally reduce your tax liability.

In doing so, you can end up getting money back — i.e., a tax refund — after filing taxes. To maximize your tax refund, plan throughout the year so you have time to implement more tax-saving strategies.

"Don't wait until December to start," advises Sallie Mullins Thompson, principal and managing member at Sallie Mullins Thompson, CPA PLLC.

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