tax refund

Why Your Tax Refund May Decrease by $1,000 – IRS Explanation

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Why Your Tax Refund May Decrease by $1,000 – IRS Explanation

With the onset of the 2025 tax season, the US Revenue Service (IRS) had reported an extraordinary fall in the average amount of tax refunds. As on February 14, the mean refund value is $2,169,-32% below last year’s refund value of $3,207. Such an unpredictable dip in refund amounts is becoming a cause for concern … Read more

IRS Warns Taxpayers: How to Avoid Scams on Your Tax Return

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IRS Warns Taxpayers: How to Avoid Scams on Your Tax Return

Every year, as the tax season begins, thousands of American citizens start sending their documents to the IRS for income tax returns so that they can get a tax refund as soon as possible. However, many other citizens do not send their documents immediately because they do not fully understand the process or they need … Read more