A tax refund is the difference between the taxes that an individual has paid and the taxes that the individual owes. There are times when individuals will need to pay additional taxes in April, but there are also times when individuals receive a tax return from the government. They receive a tax return because they over-paid taxes in the previous year. That means the government will refund the extra money!
This is a pretty sweet deal to anyone, getting some extra money back from the government. This money can be put back into savings or invested, it can be used towards bills or rent, it can be used to buy a few nice things and it can even be used towards other payments, such as bail bond payments.
Bail bond payments are one of those things that you should never fall behind on because it has some pretty serious consequences for the person the bail bond is for, whether it is yourself or someone you love. For one, the overall situation is bad enough. If you’re paying for a bail bond, it’s because you or your loved one got into serious trouble and arrested. Second, if you fall behind on payments, the court can revoke the bail bond and the person it was for will be taken back into custody.
Using tax refunds towards bail is not uncommon. If you have any questions, feel free to contact Corcoran Bail Bond Store or you can chat with us online. We are open 24/7 for your convenience.