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Also reduce your paycheck withholding legally. Many folks claim less dependents and deductions then they are legally entitled to. Then they tend to get "refunds" on their taxes. All you are doing is giving Barry Hussein and the Looters in Washington the use of your money for a year for Free.

Why? Use the money now and deny Washington its use for a year. put it in the bank or pay down a debt. It won't change your overall tax burden. If you owe taxes you'll just pay them on April 15th instead of early. If not you get to keep your money without giving Uncle Sam an interest free loan.

131 posted on 11/09/2012 5:27:22 AM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)

It won't change your overall tax burden. If you owe taxes you'll just pay them on April 15th instead of early.

Not true. You have to pay a penalty if you owe too much at the end of the year.

http://www.irs.gov/taxtopics/tc306.html

151 posted on 11/10/2012 5:05:53 PM PST by Drill Thrawl (We have crossed the line from independence & liberty to dependency & servitude. We are doomed)