Luxe Ways To Spend Your Tax Return *pics*

  1. Luxe Ways To Spend Your Tax Return
    Hitha Prabhakar

    It may not be bonus season, but it sure feels like it.

    That's because mailboxes will soon be flooded with checks from Uncle Sam. The Internal Revenue Service says that taxpayers should receive an average return of $2,771 this year, up $500 from last.

    And retailers are seeing shoppers wanting to spend this money on luxe rewards.

    "People have been looking to spoil themselves with their [tax] bonuses," says Khajak Keledjian, chief executive of Intermix, a high-end boutique in New York City. "They want to indulge and spoil themselves without regret."

    Bling, Bling
    Baubles are often the first to be snapped up during tax return season, says Jaye Hirsch, owner of the Los Angeles boutique Intuition.

    “People either come in for the pieces they have had their eye on for a while," she says, "or they see something on a celebrity and they must have it at that exact moment.”

    Jonesing for jewels? The Ippolita Champagne Citrine Bangle features nine stones set in hammered 18-karat gold. Interested in a more functional piece? At $1,500, the pre-owned Rolex Oyster Watch is a more affordable version of a brand new model.

    Closet Case
    For some, it's all about the season's "it" piece of clothing. Fashionistas are a-twitter over the Missoni Favola Chiffon Dress; featuring a tie back and beaded sash, this dress will carry you through September. Tired of renting a tuxedo? The three-piece Ralph Lauren Purple Label version can also be worn as separates for a more casual look.

    Are handbags at the top of your most "coveted items" list? Don’t blow your tax return on just any one. Check out the Chloe Large Paddington Tote. It's got with multiple side pockets for keys, a cellphone and a Blackberry, and inside pockets for important documents and a laptop. Likewise, the Berluti Deux Jours Briefcase has multiple compartments in a minimal, light tan case.

    If you are looking to dress up your home, the cashmere, python-lined Frette throw is the ultimate luxury.

    Socking It Away
    While you may be looking to spend that hard-earned cash on something whimsical and trendy, it's good to think about saving it.

    "One of the benefits of getting a tax return is that it's like a forced savings account," says Jim Burnham, CPA and chief executive of New York City-based Go! Accountants. "You never know when an emergency will arise, and that money can be beneficial when it comes to retirement. Rather than making the emotional purchase, [it's safer] to save for your future."

    Translation: Think before you buy that bag. You might end up hocking it for a missed mortgage payment.


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    Ippolita Champagne Citrine Bangles
    Nothing says frivolity more than a well-crafted piece of jewelry. The Ippolita Bangles feature nine champagne citrine stones set in 18-karat hammered gold. Each bracelet is sold separately.
    Rolex Oyster Perpetual Two-Toned 18K Gold Watch
    The Rolex Oyster is a staple for the most fashionable, but at $7,000 it could take years' worth of tax returns to afford. Solution? A pre-owned one bought at a luxury auction. This version has a stainless steel case, 18-karat yellow gold detailing and a stainless steel strap.
    Chloe Large Paddington Tote
    This bag holds everything from a change of clothes to papers for work. With multiple side pockets and several compartments on the inside, this bag is the perfect oversized accessory.
    Frette Cashton Throw
    Made with cashmere and lined with python, this throw is a decadent way to dress up a sofa or a bed, while staying warm, of course.
    Missoni Favola Chiffon Dress
    This V-neck floral print dress is a great way to celebrate spring or a recent influx of cash. Boasting a brown trim at the neck and a sequined waistband, this can be worn to a garden party with metallic flats or to work with a pair of pumps and a cardigan.


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    David Yurman Men’s Ring
    This chunky pietersite ring is set in sterling silver and accented with the cable design David Yurman is known for.
    Savile Row Three-Piece Tuxedo
    The Ralph Lauren tuxedo comes with a two-button single breasted jacket and vest. Thanks to expert tailoring, its pieces can be worn separately.
    Berluti Deux Jours Briefcase
    Sleek and sophisticated, this briefcase has two compartments for important documents and a laptop.
    The Cavalry Sahara Hat
    This beaver skin topper features handbraided rawhide around the rim. Only 1,907 were made to commemorate the 100-year anniversary of John Wayne's birth.
    Gucci Boots
    Winter may be over, but these boots never go out of style. Made with black leather and suede, you can wear these with a pair of great jeans or with boot cut pants for a retro look.
  4. Great items!! I did not get much back, but maybe next year!
  5. Im going back home to Southern California with mine!! :-]]
  6. we're using about half of ours towards our trip to florida next week. yay vacation! the rest went into savings....not nearly as fun.
  7. Paying for a trip to see my bf at his new school. Plus shopping while I'm there of course!
  8. I owed $6600 this year. Maybe I should steal someone's Rolex. :p
  9. i got $300 this year...wooo...
  10. Oooh... love the rolex!!
  11. I owed $60 or something - so no fun shopping for me.
  12. I bought a stand up tanning booth!
  13. dang... what kind of refunds are you people getting to be buying those pictured items.. LOL

    shhesssshhhh :wlae: