Average U.S. tax refunds are up almost 10%, or about $260, this year, a White House official said Monday, an increase the administration attributes to tax credits included in the economic stimulus package. Vice President Joe Biden will announce the increase at a White House event later Monday with Treasury Secretary Timothy Geithner and Internal Revenue Service Commissioner Doug Shulman. Other administration officials are fanning out across the country for a series of events this week designed to highlight tax benefits ahead of the April 15 tax-filing deadline. The White House also is unveiling a new Web site tool to help people take advantage of the benefits.
Full story: Average 2009 U.S. Tax Refunds Rise – WSJ.com