How did you spend this year’s tax refund? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

How did you spend this year’s tax refund?

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in Small Business Tax

More than half of U.S. workers (56%) said they planned to use their tax refunds this year to pay off bills that have accumulated.

Other uses: put it into savings (34%); make home improvements (12%); go on vacation (11%); pay back money owed to people (8%); invest it (7%) and buy a car (2%).

Nearly eight out of 10 workers (78%) said they currently live paycheck-to-paycheck—up from 61% who said the same thing in May 2009.

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