Tax Refunds
Categories: Tax, Accounting
Money you get back from the government after you've filed your tax returns.
If your tax returns show that you've paid too much in income tax through tax withholdings on your paycheck, you'll get a nice check from the government that pays you back for the extra cash you've paid.
Of course, you might feel that you're paying too much in taxes no matter how little your boss withheld. It's just about whether or not the government agrees with you on that one.