Search results
Results from the WOW.Com Content Network
Brillant agrees and stated, “A federal flat tax, if implemented, could simplify the tax code but may disproportionately impact middle and lower-income taxpayers by reducing progressive tax ...
Tax filing season is underway and the IRS has already begun issuing tax refunds. In fact, the Internal Revenue Service published some recent statistics on January 31, 2025 detailing both how many ...
The average federal income tax refund was $2,065 during this first two weeks of this year's tax season through Feb. 7, according to the IRS. That's up 18.6% from last year's tax season through Feb ...
A report by the Treasury Inspector General for Tax Administration (TIGTA) found that during this year’s tax season, roughly 22 million electronically filed tax returns used a refund product to ...
Last year, the average tax refund was $3,167 as of December 2023, according to the IRS. As of now, the average tax refund for 2024 is $1,395, but that's likely to go up the further we get into tax...
According to the IRS, the average refund in 2022 (for the 2021 tax year) jumped 14% from the prior year and on average families received almost $3,200 in refunds last year.
Two out of three taxpayers will receive a 2023 tax refund, IRS says. Average filer will get $3,011, $123 more than last year. Tax refunds to be bigger and come sooner this season, IRS says.
In the first five days of this tax season, the average refund is $1,928, up 38.2% from the same period a year earlier, but the number of tax returns the IRS has received is down 14%, the IRS said ...