Tariff refund portal will initially struggle to handle a third of requests
When the new online system is implemented, the U.S. government won’t be able to handle around one-third of its customs duty refund requests, which amount to about $55 billion, a recent court filing revealed. The situation follows a February ruling by the Supreme Court that invalidated significant portions of President Trump’s tariffs, leaving the refunds […]
IRS staffing has decreased by 27% this year. Here’s what that means for your tax refund.
This year’s tax season brings some changes, notably under the One Big Beautiful Bill Act (OBBBA). However, you might find that your refund takes a bit longer to arrive this time around. The IRS is set to have 27% fewer employees by 2026 compared to last year, which could slow down the processing of around […]
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, […]
Online tool allows you to track your tax refund status.
Insights on Tax Refunds As Filing Deadline Approaches With just a few weeks left until taxpayers must either file their returns or request an extension, many are focused on tax season. Some individuals who have already submitted their returns are still anxiously waiting for their refunds. As of mid-March, about 70 million taxpayers have already […]
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 […]
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 […]
Many Americans might be entitled to a tax refund due to COVID. Here’s how to claim it.
Updated March 13, 2026, 8:28 a.m. ET While many Americans might prefer to leave the COVID-19 pandemic in the past, tax accountants suggest it might be worthwhile to revisit that time. Why? You could be eligible for a tax refund from the IRS. When a federally declared disaster happens, certain tax laws take effect. According […]
Maryland Officials Seek $4B Refund for Tariffs from Trump
Maryland Officials Request Tariff Reimbursement from Trump Maryland officials are calling on President Donald Trump to reimburse the state $4 billion in tariffs after the Supreme Court ruled against the global tariffs he implemented through the International Emergency Economic Powers Act (IEEPA). In a joint letter, Maryland Governor Wes Moore, State Auditor Brooke E. Lierman, […]
$1.2 billion tax refund and $850 million in property tax assistance confirmed in state budget
Georgia’s Tax Cuts and Revised Budget for 2026 ATLANTA — Georgia is set to benefit from approximately $2 billion in tax reductions following the General Assembly’s approval of a revised state budget for the fiscal year 2026. This budget now awaits the signature of Governor Brian Kemp. In a statement on Wednesday, Kemp commended state […]
Waiting for your Michigan tax refund? Here’s what the state has to say.
Delays in Michigan State Tax Refunds Thursday marks one month since tax returns started being accepted by both the federal government and the state of Michigan. Recently, 7 News Detroit has been inundated with emails from people concerned about the delays in receiving their state refunds. One individual noted, “While my federal refund has already […]