Insight Report 3 minutes Premium2020 Tax Tracker, Week 2: Tax Filings Narrow the Gap with Last Year, Refunds Still Down Coresight Research February 19, 2020 What's InsideEach year, the IRS reports tax return filings and refunds on a weekly basis, starting from the end of January until the April 15 deadline. In this report, we look at what happened in the first week of the 2020 tax filing season. The IRS is processing returns more quickly, although returns are also coming in more slowly Average refunds are slightly higher than last year The prospects for refunds to stimulate consumer spending look weak: The majority of recipients plan to either save the money or use it to pay down debt Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: Guac Uses AI To Predict Grocery Sales and Reduce Food WasteWeinswig’s Weekly: Previewing NRF 2024—Retail’s Big ShowDecember 2023 Monthly Consumer Update: US, UK and ChinaInnovator Profile: Hyran Technologies Uses AI To Drive Profitability and Sustainability in the Fashion Supply Chain
