Taxes?

tomman58 wrote:
USA TODAY: Tax refunds are coming in smaller versus last year, the Internal Revenue Service reported.

The average tax refund issued so far fell to $1,865, down 8.4 percent from $2,035 at the same time last year, according to IRS statistics. The number of refunds issued also dropped by 24.3 percent.

Overall, the number of returns the agency has processed so far is off 25.8 percent versus the same time last year. The IRS has also received 12.4 percent fewer returns from taxpayers. The earliest taxpayers could file returns was Jan. 28. In most states, the last day you can file is April 15.

Looks like the tax cut surprise is on time. Ha

In case you missed it, tax refunds have NOTHING to do with whether or not you got a tax cut. Part of the tax reform was an adjustment to the employers withholding schedule. If you made no changes to your W-4 on file with your employer you now have less withheld from your paycheck. Your take home pay is higher every pay period, more than offsetting the decrease in your refund. You do realize your refund is actually the IRS returning money you OVERPAID on your taxes, basically an interest free loan you gave the government?