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U S Speeds Up Paying of Tax Refunds
The Internal Revenue Service aims to complete this year’s income tax refunds by mid May, ahead of the usual schedule to boost spending in a slowing economy. By April 24, 22 million checks totaling 2.4 billion dollars were issued, up from last year. Refund trends show many overpayments come from changes in taxpayers' status, dependents, medical expenses, or losses. The average refund this year rises to about 108 dollars, with some in higher brackets receiving much larger sums.
MENTIONED IN THIS ARTICLE
Peter Edson
Washington
NEA
Internal Revenue Service
Treasury Department
Bureau of Accounts
Enternal Revenue Service
Joe
Louis
Treasury
Forlion
Erin
N.H
See SA Sr Re Brown Company
Treasury Pasily