What You Should Know About Tax Refund Advances
It can be tempting to ask for tax refund advances. However, it is not necessarily the best approach. There are some important reasons to avoid tax refund advances, and simply wait to receive your refund.
First, tax refund advances cost money. When you receive a refund from the IRS, you will receive the full amount you deserve. This is not the case with advance loans. The amount you receive will be less, because you will pay a fee to receive your money.
Second, it is possible to miscalculate an income tax … Read more at 2011 Taxes.