We are approaching the mid tax filing season for individuals and the end of the filing season for businesses. The IRS has issued the statistics below for the first 4 weeks of the tax season. Please call (949) 325-7797 for appointments / questions / advice. As of Feb. 28, the average refund this year is $3,034, up 3 percent compared to the average refund amount for the same time last year. Almost 88 percent of refunds to date have been directly deposited into the accounts of taxpayers, saving them time and a trip to the bank. The number of returns filed electronically is up slightly from the same time last year however, the number of taxpayers filing from home computers is up 7.5 percent. At the end of the fourth week of the filing season, the IRS had received almost 40 percent of the returns it expects to receive during 2014.
Posted on: Thu, 06 Mar 2014 23:54:25 +0000
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