It’s late February and some people are already experiencing intaxification and all the excitement (and vacation planning, shopping, paying off debt, etc.) that comes with it. If you watch television you may be experiencing intaxification envy.
Are you scratching your head wondering what this is? Well, some people have received their federal income tax refunds (intaxification) and the green bow-tie guys (you’ve seen them pushing money out the back of the airplane) are advertising how cash floats down from the sky when using their services (intaxification envy).
Investopedia explains intaxification as, “The feeling of satisfaction and joy that a tax refund creates in a person.” Think about it; what are you really receiving? A refund of non-interest earning money that you paid. It’s a check for overpayment!
As I say, Be Tax Advantageous, plan, prepare, and don’t pay a dollar more than you should. Notice that nothing was said about tax planning for 2015 to ensure that you had more money in every paycheck.
Call Rhonda to Be Tax Advantageous.
Rhonda A. Mannes,