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Article: Consumer Credit Counseling Service of Los Angeles Offers Six Simple Suggestions for Maximizing the Benefit of Income Tax Refunds.
- Article from:
- Business Wire
- Article date:
- March 6, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business and Lifestyle Editors
LOS ANGELES--(BUSINESS WIRE)--March 6, 2001
According to the latest IRS figures, the average federal income tax refund is expected to be $1,978; State of California average refunds could exceed $500.
Although most taxpayers eligible for refunds haven't received them yet, many have already spent the money -- in their minds, if not on their credit cards.
Peter Lake, executive director for Consumer Credit Counseling Service of Los Angeles (CCCS-LA), urges taxpayers to maximize the benefit of their refunds: "It's rare for most of us to receive disposable funds of over $2,000, so make the most of it. Before ...