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
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
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.
Tax refunds won’t be given to these people: Here’s why
Tax season 2025 is in full swing, and people who filed already are now keeping an eye out for their refunds. However, there are some taxpayers who won’t be getting any money back. According to La Grada US,
Will IRS firings affect tax refunds? How to track your refund in Michigan
If you have filed your 2024 tax return, here's a look at how you can track your Michigan, IRS refund, and how IRS firings may affect the timing.
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.
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,
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Yes, You Can Claim Pet Expenses on Your Tax Return in These 4 Situations
Your pet may not have a 9-to-5 job, but they could help lower your tax bill. As an accountant and pet parent of a ...
Dealers’ Paperwork Errors Are Costing Buyers Their EV Tax Credits With The IRS
Some dealers didn't do the paperwork property and now the owners, who counted on tax rebates, are paying for it ...
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 ...
IRS contractor Charles Littlejohn leaked Trump’s tax returns, but we’re now learning how much damage he really did
With Trump again in the White House, the question is, is there another Charles Littlejohn out there somewhere in the deep ...
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 ...
Is Gov. Cox’s promise to kill the Social Security tax dead in the water?
Lawmakers in the 2025 legislative session have prioritized an income tax cut. There's not room in the budget for a Social ...
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Could IRS layoffs affect your tax return?
The IRS recently laid off thousands of employees, prompting many taxpayers to wonder, "how will this impact my tax return?" ...
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 ...