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Here's why that big tax refund isn't great news for you

Source: cnbc.com/2017/03/27/heres-why-that-big-tax-refund-isnt-great-news-for-you.html - Mar 29, 2017

A large tax refund may feel like free money, but it isn't.

As of March 17, the Internal Revenue Service has issued 62.5 million refunds, averaging out to $2,931. The federal agency expects to receive more than 153 million tax returns this season.

Many tax refund recipients are putting that money to work.

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Category: General Business