“Many people will file extensions because they can’t pay a balance due, and some just don’t file at all,” said Rob Burnette, CEO, financial advisor and professional tax preparer at Outlook Financial Center.
Lori Gross, financial and investment advisor at Outlook Financial Center says credit cards bear the brunt and cause you to incur extra costs and fees, like sky-high interest rates.
“The reason the stimulus payments are included in the 2021 tax return is to ensure everyone received the correct amount,” says Rob Burnette, CEO, financial advisor and professional tax preparer at Outlook Financial Center.
“States with low or zero income tax are funding their government somehow,” says Rob Burnette, chief executive of Outlook Financial Center, an Ohio-based company that provides insurance services and asset protection solutions.
“You used to be able to get a federal refund in 10 days,” says Rob Burnette, CEO and financial advisor with Outlook Financial Center in Troy, Ohio.
“The biggest difference is that when you’re looking at a single stock, you’re buying into a singular company,” explains Lori Gross, financial and investment advisor at Outlook Financial Center.