6 Tax Return Tricks From a Bookkeeping Pro

4. Know the Facts on Taxes

Want to learn a little more on the industry as a tax return trick? Check out these interesting facts and figures:

  • 25% of individuals and married couples choose to file in April. Best case scenario: there was only 15 days left to file.
  • The average refund for the individual or household last year was $2,860.
  • Assuming a 1% interest compounded monthly over one year, the IRS earns $343. 20 by pocketing your money for the year.
  • 9% of tax returns are filed within the last few days of the deadline.
  • 67% of tax returns are filed online.
  • Only 0.3% of all those who earn less than $200,000 a year are audited by the IRS.