Average tax refund reaches $3,571 during the 2026 filing season according to IRS data
IRS Reports Increase in Tax Refunds for 2026 Filing Season Recent statistics from the IRS indicate that the average tax refund for the 2026 filing season has risen significantly compared to last year, as the filing deadline draws near. As of March 20, the average tax refund has reached $3,571, marking an increase of $350, […]
1.4 million taxpayers experience delays in receiving refunds due to the IRS ending paper checks.
Tax Refund Delays Impact More Filers Many taxpayers are experiencing delays in receiving their tax refunds as the government moves away from paper checks. This week, Democrats on the House Ways and Means Committee addressed Treasury Secretary Scott Bessent, expressing “additional concerns” regarding around 1.4 million IRS notices sent to taxpayers about refund delays linked […]
IRS Sends Important Alert About $1.2 Billion in Refunds: ‘Time Is Running Out’
The Internal Revenue Service (IRS) is alerting that over one million Americans may lose out on $1.2 billion in tax refunds if they don’t submit their overdue 2022 returns by the April 15 deadline. Why is it important It’s been more than three years since the 2022 tax year, and any unclaimed refunds are in […]
Increased focus on tax resistance during ICE protests and the Iran conflict, with potential IRS penalties ahead
Chicago Attorney Protests Taxes, Faces Legal Consequences Rachel Cohen, a Chicago attorney, currently owes over $8,000 in federal income taxes and has opted to leave that amount unpaid. In a widely circulated article, she noted, “I paid no federal income taxes this year.” This 31-year-old community organizer filed a federal tax return indicating a balance […]
IRS tax refunds have increased by 10.8%, according to new filing data.
Average Tax Refunds Rise This Season This tax season, the average refund is up by 10.8% compared to the same time last year, based on the latest data from the IRS. As of March 13, individual filers are seeing an average refund of $3,623, which is a jump from $3,271 at the same time last […]
IRS unveils list of major tax scams for the 2026 filing season
IRS Warns Taxpayers About Common Scams in the 2026 Filing Season Frank Bisignano, the Commissioner of the Social Security Administration, recently spoke on “Morning with Maria” about the record tax refunds, tax breaks for families and seniors, and the federal government’s efforts against fraud as Tax Day approaches. As part of its annual alert, the […]
A 27% reduction in IRS staff may affect your refund. Here’s what to know.
Tax Season Updates: Staffing Shortages and New Legislation This tax season brings some fresh opportunities for savings under the One Big Beautiful Bill Act (OBBBA). However, you might find yourself waiting longer for your refund this year. The IRS expects a significant backlog, with 27% fewer employees by 2026 compared to last year. This shortfall […]
New IRS form Schedule 1-A reveals four significant tax deductions for 2025.
Updated March 18, 2026, 10:58 a.m. ET As tax season progresses, millions of people are encountering an important new form, Schedule 1-A, which they need to complete in order to take advantage of new and generous tax breaks on their 2025 federal income tax returns. If you don’t submit this form along with your tax […]
Tax fraud cases increasing as April 15 nears, IRS cautions
With the April 15 tax deadline around the corner, the IRS is cautioning taxpayers about an uptick in scams targeting them. During tax season, individuals naturally expect communications from the IRS about refunds and payments, which scammers exploit. Eric Bronnekant, who directs a tax office, mentioned this trend in a conversation with the Post. According […]
IRS changes to paper checks cause tax refund delays for over 830,000 taxpayers.
Tax Refund Updates: Increased Payments, Paper Check Delays This tax season, many Americans are seeing larger refunds. However, others are facing delays as the IRS shifts away from issuing paper checks. Recently, Democrats from the House Ways and Means Committee reached out to Treasury Secretary and Acting IRS Commissioner Scott Bessent regarding over 830,000 notices […]