Good ol’ Uncle Sam. Taking, taking, taking and once a year we hope and pray he gives a little something back. Tax refunds are simply a return of money you overpaid during the year that you didn’t need to. Some people don’t receive a refund because they withheld the perfect amount. Others owe money because they didn’t withhold enough during the year. Others invest their excess during the year in the bank of Uncle Sam for 0% interest and receive a refund on that money after they file their tax return. There really is no wrong or right way to do your taxes.