Tax Season – Refunds to Provide Boost for Local Economies

Posted on April 19, 2016 by Doug Crawford, Job Applications.com


tax season 2016

Tax Refunds Lead to More Jobs

The economy should be getting a modest boost as people in Ohio and throughout the United States receive their tax refunds. Roughly three out of four tax filers are expected to get a refund this year. The IRS projects that the average return will be $2,798. That influx in cash could help give the retail economy a boost. It’s not unusual for people to use their tax refunds to purchase consumer goods that they have been saving up for — and that could translate to an uptick in sales for retailers throughout the U.S.

To learn more about 2016 tax statistics, click here.

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