The entire sum of money flowing into American wallets from federal tax refunds is down sharply in comparison with February 2023, in accordance with the most recent figures from the IRS. Nevertheless, the common refund quantity is increased. Up to now in 2024, federal tax refunds quantity to about $67 billion, a 23% lower from the $87 billion refunded on the identical level final yr. The dimensions of the common refund has…
