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TaxWatch: Did you receive zero tax refund this year? Why that’s something to celebrate

Stop browsing the travel sites for late-winter getaways. Stop eyeing up new 72-inch televisions or the lease on a new car.

If you’re one of the tens of millions in line for a big tax refund check this season, there’s one other step you should think about taking before you spend a dime: Review Form W-4 filed with payroll at work. And if you’re one of those who received no tax refund after President Trump’s sweeping tax reform, celebrate instead of commiserate.

People getting refunds effectively gave the government an interest-free loan for use of the money.

—Jackie Perlman, principal tax research analyst at H&R Block’s Tax Institute

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