IRS, Tax Refund

IRS Gives Tax Refund Update as Over $100B Returned
According to the latest data from the IRS, $102.253 billion has been refunded to taxpayers so far this filing season, which began on January 27. The amount taxpayers are getting has increased too. The average refund amount has increased from $3,213 in 2024 to $3,453—a boost of $240.
Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
In Michigan, 153 probationary IRS employees represented by the union lost their jobs so far, according to the National Treasury Employees Union. The job cuts hit during this year's tax season.
Where’s my refund? Here’s how to check the status of your IRS tax refund
While the Internal Revenue Service began accepting returns in late January, it still might be too early to expect a refund in your bank account. Luckily, you can track the status of your refund through the IRS’s “Where’s My Refund” tool.
Expecting a Tax Refund? Here's Why You Should Save It, Says This Expert
Setting aside your tax refund for the future can give you peace of mind for the rest of the year. Here's why and how to do it.  Starting an emergency fund with your tax refund An emergency fund can be your safety net in unexpected situations,
TAX SEASON | How to use the IRS 'Where's My Refund?' tool
The IRS issued a reminder this week to taxpayers that agency has a "Where's My Refund?" tool to make the tracking process easy.
How Tax Refunds Can Impact Your Credit Score
Getting a tax refund can be as exciting as it sounds. But can getting this money affect your credit score? The short answer is no. Read More: Here's How Much Your State Collects on Every Type of
Why IRS tax refunds could be more in 2025 with 140 million expected to file by April 15
A new report suggests federal income tax refunds in 2025 could be among the highest in recent years. The report released by Oxford Economics on Monday said that it would be a “favorable” season for taxpayers,
Tax refunds in 2025 so far about one-third lower than last year. Here's why.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts ...
Should you use your tax refund to pay off debt?
If you haven’t filed your tax return yet, you can use a tax calculator to estimate your federal refund. Gather paystubs, tax ...
Tax refunds won’t be given to these people: Here’s why
The IRS website explains how those with delinquent federal taxes — in other words, debts owed to government organizations — ...
Tax Refunds Could Be Bigger This Year. Here's How Many Plan to Spend Their Money
Americans may be planning to use their tax refunds on used cars and shoes, according to new research. But more could decide to spend it on necessities like rent or groceries, too.
Learn about tax advance refund loans before applying
Terms and rates for tax refund advance loans vary widely. For example, Intuit TurboTax does not charge interest and can ...
Here's How Much the Average Tax Refund Would Be Worth If You Invest It Until Retirement
After being invested for a few decades, this could cover a year or more of retirement expenses for some. If you have ...
Thinking of not filing your tax return amid IRS cutbacks? Penalties can be costly, experts say
As of Feb. 14, the IRS had received about 5% fewer individual returns compared to about the same point last season, according ...
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Is Trump ending taxes on overtime, tips? What to know about Feb. 25 budget resolution
Here's what else to know about potential changes to taxes in these areas, plus information on upcoming tax deadlines and ...