IRS Warns – Tax Refunds Decrease By $1,000 – Understand The Causes
As the 2025 tax season unfolds, the Internal Revenue Service (IRS) has reported a significant decrease in average tax refunds. As of February 14, the average refund stands at $2,169, a 32% drop from last year’s $3,207. This unexpected reduction has raised concerns among taxpayers nationwide. Factors Contributing to Smaller Tax Refunds Several elements … Read more