This tax season has brought an increase in average tax refunds, with the IRS reporting an 11% rise compared to the previous year. However, many Americans are finding the refunds to be less substantial than anticipated, falling short of the promised $1,000 increase from the Trump administration by $665. While some states, including New Jersey and Mississippi, report larger refunds, reactions have been mixed, particularly in light of new tax changes and provisions aimed at boosting refunds. As the tax deadline approaches, experts advise taxpayers on smart ways to utilize their refunds, from paying off debts to building emergency savings, amidst a backdrop of larger-than-usual tax refunds this year.