Tax refunds increase by 14% compared to last year.
Tax Season Update: Bigger Refunds for Early Filers Taxpayers who file early this year are seeing much larger refunds, with some reports indicating an increase by more than 14% compared to last year. The IRS recently shared data stating that the average refund stands at $2,476, which is a notable jump from the same time […]
Supreme Court decision on tariffs might enable companies to receive more than $160B in rebate refunds.
Supreme Court Strikes Down Trump’s Tariffs In a landmark decision, the Supreme Court ruled 6-3 on Friday that a significant portion of President Trump’s tariffs were imposed unlawfully under the Emergency Economic Powers Act. The ruling could have major implications for importers and the trade landscape. The case, which included challenges from an educational toy […]
Oregon starts sending tax refunds and ‘kicker’ payments to electronic filers; those submitting paper returns will have to wait until April.
Oregon Department of Revenue Begins Tax Refunds for 2025 The Oregon Department of Revenue has shared that over 500,000 e-filed tax returns have already been processed, and refunds for the 2025 tax year are now being mailed out. Most taxpayers can expect their refunds within two weeks of filing. That said, some returns might need […]
Trump vows substantial tax refunds in 2026 from a major legislation.
Trump’s Tax Refunds Expected to Increase Significantly President Donald Trump has announced that his tax refund this year will be notably higher than in the past. He attributes this change to the “one big, beautiful bill” he signed into law last year. Using Truth Social, Trump shared that some taxpayers might see refunds rise by […]
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 […]
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 […]
Larger tax refunds might be on the way, but not having important forms could trigger an audit on your return.
With tax refunds predicted to be higher this season, it might seem appealing to file sooner. However, hasty submissions could backfire. First things first—gathering all your tax returns is crucial. If you overlook any documents, it might lead to processing delays or even bigger issues, as experts highlight. Every year, employers and financial institutions report […]
The IRS is cautioning Americans that some tax refunds could be delayed for weeks. Here’s how to prevent it from happening to you.
Many Americans are set to receive larger tax refunds this year, largely due to the tax cuts included in the legislation signed by President Donald Trump on July 4. While 2025 will see some additional tax breaks, the IRS hasn’t adjusted the amount that gets withheld from paychecks. As a result, many employees are overpaying […]
Many Americans Will Receive Reduced Tax Refunds This Year
While the tax changes from the Trump administration have led to larger refunds for many this year, some taxpayers may find themselves receiving less than they anticipated. According to financial experts, tipped workers could be in for an unexpected twist when filing their taxes. Why It’s Important Federal income taxes are due on April 15th. […]
Some Americans May Receive Significant Tax Refunds Following Court Decision
The recent court ruling opens the door for more Americans in three states to potentially claim significant tax refunds. This month, the U.S. Court of Appeals for the Fifth Circuit reversed a previous Tax Court decision, specifically in the case of Sirius Solutions, LLLP v. Commissioner. As a result, individuals in Texas, Louisiana, and Mississippi […]