News

Trump’s new tax law offers breaks on tips, overtime, and more for Americans under specific income limits. Learn if you ...
Republicans are trying to create tax deductions for tips, car loan interest and overtime pay. Experts say they wouldn’t ...
National Taxpayer Advocate rings warning bell about how much the IRS will be prepared for 2026 tax season, given job cuts and ...
Final Take to GO: Don’t Ignore IRS Tax Problems If you’re wondering what is tax evasion, you’re already doing the right thing by learning how to stay on the right side of the IRS.
Example: A Single taxpayer filed a 2023 income tax return with a tax liability of $200. The taxpayer filed a timely 2024 return and is eligible to receive a refund of 2023 taxes in the amount of $200.
GREENSBORO, N.C. — Tax Day gets a bad rap, but why? When you know nearly 75% of all taxpayers who file get a refund, what's to complain about? The average refund is $3,300. That's a chunk of ...
A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.
Tax refunds are a lot bigger in some states. States mostly in the West and South ranked among the top 10 for the states with the biggest average tax refunds per person, according to an analysis by ...
For example, the average refund for those in Mecklenburg County earning less than $50,000 per year was $2,466, but those who earned more than $200,000 had an average tax refund of $13,791.
Effective Sept. 25, the order directs the Treasury Department, which includes the IRS, to stop issuing paper checks for all federal payments, including tax refunds, Zollars noted.
Try This: How To Turn Your Tax Refund Into an Extra $1K This Year Even though your tax return could show that you’re in for a refund from the IRS, the funds could be kept in what’s known as an ...