Texas families can expect a sizable tax return, according to IRS data analyzed by Business Insider. According to their analysis, Texans earned the highest average tax refund in the country, totaling at $3,206. The report also notes that just over 10 million residents received tax refunds for the fiscal year 2017 (or tax year 2016.) When looking at Richardson alone, that’s approximately 41,000 residents expected to receive a refund from the government. If you’re over 50 years of age, chances are you can qualify for even more tax breaks and receive an even bigger return.
But what exactly do individuals tend to spend their tax refund on these days? Based on a survey conducted by GoBankingRates, most respondents (27 percent) noted they plan to pay off debt, while the second most common decision was to spend it on a major purchase (9 percent.)
As we enter 2019’s tax season, Dr. Davis and her team hope that you take your oral health into consideration. A smile can last a lifetime if properly cared for, and getting necessary restorative treatments can make huge improvements in your quality of life. In this month’s newsletter, we’ll go over these benefits in more detail.