Buy Local Produce
When you purchase locally grown fruits and vegetables, you are not only supporting local farmers, but you are also helping reduce the amount of carbon emissions caused by food delivery trucks. Local produce will usually cost you about as much as food bought from a major grocery store. Sometimes, depending upon the season and region, it can get pricier. As such, you could set aside a portion of your tax refund to make up the difference in future shopping trips.
Bank Locally
If you decide to save your tax refund instead of spending it then you can still help your local economy by depositing the funds into a locally owned bank. Doing so not only supports your local economy, but small banks or credit unions often have great interest rates and more personal service.
Hire a Local Contractor
Making improvements to your home or property is a great way to spend your tax refund. By hiring a local contractor or landscaper to do the work, it will help your local economy. Plus, many contractors are struggling to get work due to the housing crisis so you might be able to get a great deal on supplies and/or labor.
Take a Class at a Local Community College
By spending your tax refund on tuition and supplies to take a class at a local community college you can support your local education system while bettering yourself at the same time. Plus, the IRS also offers credits and deductions to qualified students. For more information, check out Top 10 Tax Tips for College Students on the RDTC.com Tax Help Blog.
Visit a Local Amusement Park
If you are looking to spend a fun day with the family, then you should consider visiting a local theme park. Companies like Six Flags, and other amusement parks, are on the verge of closing due to the poor economy. This could leave thousands of teenagers and younger workers unemployed. If you do have a theme park nearby, then taking your family to it for the day could make for a fun way to support the local economy.
Support Local Non Profits
There are plenty of non-profit organizations in every town that you could support with your tax refund check. This could be done either by donating cash or supplies. If there are not any local charities that you support, then you could always donate supplies to a local sports team or school.
Drink Local Beer
If you enjoy a cold beer every now and then, and are not afraid to try new things, then you might want to try beer from a local brewery. You may find you like it even more than the mass-produced stuff you normally get. Moreover, there is the added bonus of supporting your community with the purchase.
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