I personally don't think there's anything wrong in owing the IRS some money. I prefer this over a refund. Why? Because owing money means you got a ZERO percent interest loan from the IRS versus them getting the interest free loan from you through a refund. The only thing I would want to avoid is the underpayment tax penalty. There are 3 ways to avoid that and I talk about that in the video below.
Are you a home owner? Have you wondered if it's worth paying off mortgage early versus doing something else with that money?
In this video, I share with you what we have decided and what gives us a better rate of return.
Enjoy the video!
In this video, I talk about the most important component to pay attention to when you're on subsidized health insurance here in the US. If you don't estimate this correctly, you might owe thousands of dollars when tax time comes!
In this video, I talk about the difference between a Traditional or Roth retirement accounts and what my advise is on funding them.