Average IRS tax refund rises by 14.2% based on early filing information.
The average tax refund this season has increased by 14.2% compared to the same period last year, based on initial filing data from the IRS. As of February 13, individual filers received an average refund of $2,476, a rise from $2,169 from the previous year. This data reflects cumulative statistics since the tax season began […]
Minnesota fights against ‘ghost students’ draining tax money from financial aid programs
A situation involving “ghost students” is escalating into a significant scholarship fraud crisis within the Minnesota State University system and beyond. These so-called ghost students are accused of using stolen personal data to register for classes online and seek taxpayer-funded financial assistance. In a recent report, the Minnesota system, which comprises 33 colleges and universities, […]
Florida House approves property tax reductions. Here’s what follows.
Tallahassee, Florida Various proposals for property tax relief are currently under consideration, with the Florida House of Representatives giving the green light for these measures, which are expected to be on the ballot later this year. The proposed bill — HJR203 — aims to exempt all homestead real estate from non-school property taxes starting January […]
Steven Spielberg Leaving California Due to Suggested Wealth Tax
Spielberg and Other Billionaires Depart California Amid New Wealth Tax Proposal As Governor Gavin Newsom pushes forward with plans for a wealth tax, filmmaker Steven Spielberg is moving away from Hollywood. He’s joining a trend of billionaires leaving California in light of this fiscal change. Spielberg recently acquired a residence at the San Remo Co-op […]
Looking for a larger tax refund this year? Certain workers might qualify for a new deduction.
Tax Experts Highlight Important New Law for Filers Tax professionals are encouraging taxpayers to familiarize themselves with a new law that could lead to larger refunds. The 2026 tax deadline is approaching quickly, set for April 15. In Washington, as the April 15 filing date nears, something important is changing for many hourly workers: a […]
Looking for a larger tax refund this year? Certain workers might qualify for a new deduction.
New Overtime Deductions Could Boost Tax Refunds Tax professionals are encouraging filers to familiarize themselves with a recent law that might lead to higher refunds. The upcoming tax deadline is April 15, 2026. As taxpayers gear up for the April 15 filing date, they should be aware of a significant new deferral impacting many hourly […]
Government tax money supports health care plans in ways you might not be aware of.
Understanding Health Insurance Subsidies Subsidies—whether people see them positively or negatively—have been a hot topic since the Affordable Care Act was signed. Lately, many enrollees have turned their attention to this aspect of healthcare. While lawmakers are still debating the future of healthcare affordability, it’s easy to think that the subsidies tied to the ACA […]
Bernie Sanders supports California’s tax on billionaires at an event
Sanders Backs California’s Billionaire Tax Initiative During an event in California, Senator Bernie Sanders expressed strong support for the state’s proposed “billionaire tax.” He emphasized the importance of democratic power, stating, “Billionaires will learn that we still live in a democracy.” He criticized pervasive greed and moral decline in the country. Speaking to a crowd […]
Mamdani and Kathy Hochul face off as ‘catastrophic’ tax proposal is uncertain
Debate Over Tax Increases in New York City Jerry Baker, the editor-in-chief of the Wall Street Journal, expressed concerns over New York City Mayor Zoran Mamdani’s proposal to increase taxes on the affluent, labeling it potentially “disastrous.” His comments come amidst disagreements between Democratic socialists and state officials about the feasibility of this tax plan. […]
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 […]