A tax refund (specifically, an annual tax refund) is defined as the “excess of tax withheld over the tax due on their annual gross income.” Simply put, it's whatever excess tax your employer collected from you for the current year, if there is any.

On the other side, have you ever considered your tax refund as money you earned? We often overlook the effort we put into our taxes, but it's time to change that mindset!

Instead of blowing it all, take a moment to make smart financial choices that will benefit you in the long run.

Let Sigma Accountants guide you in this matter. Schedule a time to chat with us and see how we can help you.

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