Understanding tax refunds is crucial for taxpayers. A tax refund is money returned by the government when taxes paid exceed the amount owed. It results from overpayment through withholding or estimated tax payments. Refunds are issued after filing an accurate tax return. Factors affecting refund size include income, deductions, credits, and filing status. Timely filing and accurate documentation ensure prompt refunds. The best tax preparation company in Mayfield Heights OH can streamline the process and maximize eligible refunds.