Here Are Some Of The Best Things To Spend Your Tax Refund On

It is tax season and millions of people will be receiving a refund any day now. If you are one of those people expecting a refund, then you might be wondering what your money should be spent on. So, what are the best things to do with your tax refund money? Read on to find out.

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1. Start An Emergency Fund

One of the best things you can do with your tax refund money is start an emergency fund. Having an emergency fund can help you down the road when unexpected emergencies occur, such as car problems or house repairs. If you already have an emergency fund, then you should increase it when you get your tax refund.

2. Pay Bills

You might not want to admit it, but one of the best things to do with your tax refund money is to pay some bills off. If you have quite a few bills and you cannot afford to pay them all off at once, then use the money to pay the biggest bill you have. Once you wipe your biggest debt out, it should be easier to payoff the smaller debt you have. However, if you have a number of debts, and your tax refund can take care of most of them, except the largest one, then it you may want to pay them all off and leave the ones you can’t, and then focus on paying them off.

3. Invest It

When you receive your tax refund money, then you should consider investing it. There are many different things you can invest in, such as the stock market, binary options and so forth. Research the different types of investments you can make and then invest wisely. You might be surprised at the investment opportunities that are out there.

If you do decide to invest in the stock market, you might want to see a stock broker. They will be able to advise you on what some of your options are. If you want to test the waters, then use maybe half of your tax refund and invest it. You can use the other half to spend it as you see fit.

4. Take A Vacation

If you work quite a bit or very busy, then why not treat yourself to a vacation? If you have never been abroad, then why not use some of your tax refund and treat yourself to a trip to a place you have always wanted to go to? You might be surprised at how much trips cost nowadays, so start looking around for deals to vacation spots that interest you and then book a trip there when you receive your tax refund.

There are many other great ways to spend your tax refund money. However, the above things are some of the best things to spend your tax refund money on. With that said, when you finally receive your refund, or if you have already received it, then consider spending it on some of the things discussed above.

5. Shop at Meritline.com

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Some of the Top Office Tax Deductible Expenses For Small Business

Even though many people think that claiming for a home office deduction is tantamount to inviting Internal Revenue Service Auditors, this need not be the case for a business that keeps proper records and adheres to the requirements of the law. The internal Revenue Service allows one to deduct specified office expenses from your income before calculating the taxes. In any busy office, you may lose track of the money you spend on the office. This means that you must have some categories in mind so that you can check the receipt, credit cards and checks to establish the expenses that can help you save money. This article looks at the top office deductible expenses you can claim..

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Supplies

The cost of supplies such as ink cartridges, desk calendars, paper and tape, cleaning materials, light bulbs, file folders and paper clips are some of the expenses the law allows you to deduct from your income before it is subjected to taxation. It is important that you keep the receipts from catalogs, office supply stores or any other outlet from which you purchase your office supplies. The full cost of such supplies should be deducted in full in the year the expenses were incurred.

Mortgage Interest or Rent

Any money spends on paying mortgage interest or rent for your office is deductible. If you have a home office, you need to calculate the percentage of the home you use as an office and estimate its rent or apportion some part of the interest you pay on mortgage as an office expense.

Utilities

The cost of utilities such as natural gas, electricity, water bill, garbage and office telephone expenses must be deducted from your business income before the income is taxed. If you use your home as an expense, you need to estimate/calculate the amount that can be deducted as office expense based on the square foot of the home vis-à-vis the square foot covered by the office. A good example is where a man who owns 1000 square- foot house uses 200-square -foot as his office. A fifth of the expenses incurred on utilities in the house as well as rent or mortgage must be treated as an office expense and deducted accordingly.

Office Furniture

Section 179 of the tax codes provides that you can deduct the full cost of the office furniture as an expense before your income is subjected to taxation. Thus, the cost of desks, cubicle structures, chairs and filing cabinets should be deducted. This can be done by depreciating them using an acceptable method of depreciation and deducting the amount as an expense. Further, section 179 allows one to write off the full expense when it is incurred.

Computer Software

Under section 179, a businessman is free to write off the full cost of computers, computer accessories and software for your business. In some cases, computer repairs and the fee charged by the IT expert for setting up or trouble shooting the computer must be charged on the income before it is taxed. Other expenses incurred on items such as the scanners and the fax machines are also deducted.

The Best “Hidden Gems” Camping Sites In The United States

If you are a camping enthusiast, and you would like to go camping out one of the best campsites in the United States, there are actually quite a few to choose from, depending upon what area of the United States you happen to be in. The best campsite can be subjective to each person, each individual preferring different aspects of what they consider to be perfect. This could be the campsite itself, the surroundings, the activities that are possible. All of this, however, can be narrowed down to a top three in the US. Let’s look at the top three best camping sites in the United States, and end up with looking at who ranks first place.

Eugene T. Mahoney State Park

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By Babymestizo (Own work) [CC-BY-SA-3.0], via Wikimedia Commons
This is one of the most premier campsites in Nebraska, specifically near Ashland. It is adjacent to the Platte River, and it is located in the Eugene T. Mahoney State Park. Summer is the best time to go to this campsite, which is the case for most of them. There is also a family aquatic Center, a wave pool, and waterslides. People do come here in the winter because some people enjoy camping in the snow. It’s a great place to do skiing while roughing it in the great outdoors. This campsite ranks number three on our list. Now let’s look at a campsite that might not fall into the category of what most people would call a campsite because it’s not in the woods. Let’s take a look at an excellent campsite for people that enjoy the ocean.

Malibu Beach RV Park

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By ellenm1 [CC-BY-2.0], via Wikimedia Commons
Although most people would not associate this place with being an actual campsite, primarily because it is set adjacent to the ocean, the Malibu beach RV Park is one of the most popular camping destinations, especially for city folk who would prefer a beach instead of the great outdoors. There are cliff side views which are scenic, and there really is nothing that can be the temperature and beautiful area of Malibu California. This is definitely a campsite for people that like sand over dirt, and ranks as our number two campsite in the United States. Now let’s look at the number one pick for the best camping in the United States today.

Yosemite National Park

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By Rainer Marks (Own work) [Public domain], via Wikimedia Commons
This is probably the best campsite in the United States, if not the world, simply because you are in Yosemite. The breathtaking views of Half Dome, the many waterfalls that you can hike to, and all of the beautiful scenic vistas make this the number one spot in the United States for camping, if not the world. Always remember that choosing your favorite campsite is going to be a personal opinion in most cases, although these top three certainly fit the bill for being the best in the US. The number-one campsite in our opinion, however, because of all that it has to offer in regard to location and scenery is Yosemite National Park.

If you need camping and outdoor gears, please visit our Meritline Outdoor Gear and Accessories Section. Click here!