How to Spend Your Tax Refund Wisely

Plus: How Long Should You Keep Your Tax Records [VIEW IN BROWSER]( [Kiplinger Special Report]( TIPS TO TRIM YOUR TAXES [8 Money-Smart Ways to Spend Your Tax Refund]( If you're fortunate enough to have the essentials covered, you may be tempted to treat yourself to takeout from your favorite restaurant or a nice bottle of wine. Fine. But once you've scratched that itch, consider these ways to put the rest of your tax refund to work for you. Plus: [Saver's Credit: A Retirement Tax Break for the Middle Class]( [READ MORE]( [How Long Should You Keep Tax Records?]( Now that tax season is over, you can forget about taxes for a while! But what should you do with all the forms, receipts, canceled checks and other records scattered across your desk? Plus: [Tax Changes and Key Amounts for the 2020 Tax Year]( [READ MORE]( SPONSORED CONTENT FROM VANGUARD PERSONAL ADVISOR [Trusted Financial Advice Backed by Personal Attention]( [Vanguard]( Vanguard Personal Advisor Services® is built to provide you an ongoing collaboration with our professional advisors — no matter where you are. Our advisors are salaried and don't earn commissions, so they'll always put your best interests first. Take the first step with Vanguard today. [READ MORE]( [Miss the Tax Deadline? What to Do If You Forgot to File Your Taxes]( If you owe Uncle Sam money, filing your tax return late (or never) can come with costly complications. Plus: [Pros and Cons of Getting a Tax Extension]( [READ MORE]( [11 Tips on How and When to File an Amended Tax Return]( Filing an amended return isn't particularly difficult, but there are a few things you should know about the process before getting started. Plus: [Amending Your Tax Return Will Get Easier Soon]( [READ MORE]( [Travel Tax Credit: Will Uncle Sam Pay You to Take a Vacation?]( There's a proposal in Congress to give you an "Explore America" tax credit of $4,000 or more to cover travel expenses. But don't pack your bags quite yet. Plus: [How a Second Stimulus Check Could Differ from Your First One]( [READ MORE]( ALSO ON KIPLINGER [Sales Tax Holidays in 2020]( [Health Savings Account Limits for 2021]( [IRS Allows Mid-Year Changes to Health Plans, Expands FSAs and More]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a friend. [Click here.]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to our free Tax Tips e-newsletter. Trim your federal and state tax bills with our actionable tax-planning strategies and tax-filing tactics. Published weekly December - April, monthly May - November. If you ever wish to stop receiving this service, please [click here to unsubscribe](.