WASHINGTON (WAND) – Tax season is underway, and the Internal Revenue Service said the average refund is down by about 8.4 percent.
They also so that American’s are a bit more sluggish in filing their tax returns this year.
The total number of returns received in the first week of tax season was 16,04 million, down 12.4 percent form the first week of last year’s season.
In a news release on Friday, Secretary of the Treasury Steven Mnuchin said, “filing season has successfully launched with millions of tax returns having been filed.”
The IRS says it expects to issue fewer refund checks due to changes in the tax law.