Average tax refunds are more than 10% bigger this filing season.
Tax Refund Update for 2026 Filing Season Americans are seeing an uptick in their tax refunds this year. Interestingly, while the average payment amount for the 2026 filing season is higher than the previous year, the rate of filing has slowed down noticeably in the initial weeks. According to recent IRS data, the average tax […]
Tax season has arrived. Here’s what to understand for easy filing.
Tax Season Tips and Updates NEW YORK — Tax season has officially begun, and you’ll need to submit your return to the IRS by April 15th. To alleviate the stress of last-minute filing, it’s wise to start getting organized as soon as possible. “You don’t want to procrastinate, but rushing isn’t necessary either,” shared Tom […]
Tax season has arrived. Here’s what you should know for a smooth filing experience.
Tax Season Insights NEW YORK — The tax season has officially started, with the deadline for filing your return set for April 15th. To ease the stress of upcoming deadlines, it’s wise to start preparing early. “You don’t have to rush to the last minute, but it’s also not necessary to procrastinate,” advises Tom Oseven, […]
Tax season has arrived. Here’s what you should know for a smooth filing process.
Key Tax Tips to Consider Miguel Burgos, a CPA and TurboTax expert, highlights a few key benefits this year. These include tax-free tips, tax-free overtime pay, a deduction for auto loan interest, and deductions for individuals aged 65 or older as of December 31. Last year, taxpayers received an average refund of $3,167, and this […]
Guidance for easy tax filing and pitfalls to steer clear of
Tax season is here, and it’s crucial to file your return by April 15th. To sidestep the last-minute rush and stress, try to get organized as soon as you can. “There’s no need to wait until the deadline, but you shouldn’t feel rushed either,” advises Tom Oseven, who directs tax content and government relations for […]
Tax season has arrived. Here’s what you should know for a smooth filing experience.
Tax Season Insights Tax season has officially started, and the deadline for filing your return with the IRS is April 15th. If you want to sidestep the last-minute panic, it’s wise to start getting your paperwork in order sooner rather than later. “You don’t have to wait until the last minute, but there’s no need […]
IRS Provides Updated Guidance for 2026 Filing Season
As President’s Day nears, the Internal Revenue Service (IRS) has issued a warning to taxpayers about a surge in call center demand. This particular week is historically one of the busiest during the tax filing season. To help avoid long wait times, Americans are urged to utilize the various online tools that provide answers to […]
IRS pushes Louisiana tax filing deadline to March 31 following severe winter ice storms
Tax Relief Announced in Louisiana NEW ORLEANS – The IRS has rolled out tax relief for both individuals and businesses in Louisiana impacted by the severe winter ice storm that started on January 22. Thanks to this announcement, those affected now have until March 31 to file and pay various federal personal and corporate tax […]
IRS tax refunds have increased by 10.9% this season, according to early filing data.
D Keine | E+ | Getty Images Early filing data from the IRS indicates that the average tax refund has risen by 10.9% compared to the same period last year. The 2026 tax season kicks off on January 26th. As of February 6, the average refund amount reported by the IRS is $2,290, an increase […]
You may qualify for no-cost tax preparation and filing services.
Millions of American households pay to prepare and file their federal income tax returns, yet many might qualify to do it for free via an IRS-approved initiative. So, what’s stopping them? One factor could be the intricacies of tax laws. “Our own study suggests that this complexity matters for households, particularly those with lower incomes, […]