It’s almost the end of January. You will have your W-2 and other tax documents in the next few days. Completing a personal tax return these days is very quick with available software. If only there was a way to instantly get your refund, plus interest if possible.
There is! We got our refund plus a couple dollars in interest instantly last year. Compare this to letting the IRS hold on to your money interest free.
Instant Tax Refund Process
Step 1 – Estimate your taxes
Step 2 – Increase your withholding
Step 3 – Withhold yourself
Step 4 – Make interest on your tax buffer
Step 5 – Do your taxes – Pay yourself or (hopefully not) the IRS
Generally, most taxpayers will avoid this penalty if they either owe less than $1,000 in tax after subtracting their withholding and refundable credits, or if they paid withholding and estimated tax of at least 90% of the tax for the current year or 100% of the tax shown on the return for the prior year, whichever is smaller.