Quoted from amalongi:If you have received a tax return for three straight years, I would suggest spending a bit of time and recalculate your tax deductions. Letting the government use your money without paying you interest (which is exactly what you are doing by overpaying taxes during the year) is not good financial managment.
Nice collection though! Enjoy the machines.
Every time I hear people say this I chuckle....I'm assuming its one of those things guys heard their dad say 20 years ago and its simply regurgitated nonsense. Perhaps 20-30 years ago it had some validity when interest rates were much higher. However, at today's rates its simply not true unless you are actively investing your excess cash in the stock market or some other investment vehicle that is earning more than a meager 1%. $5000 * 1% * 25% tax = $37.50 in your pocket....lol....vster23, you should really learn to manage your finances better