IRS has issued $124B in tax refunds in 2025, up 8 percent from 2024
The IRS says it has issued $124.8 billion in refunds so far in 2025, up 8 percent from the $119 billion issued last year at this time. The total number of refunds issued, number of refunds issued through direct deposit and average refund for direct deposit are also up in 2025.
A potential government shutdown could delay tax return processing and refunds, affecting taxpayers nationwide.
The IRS uses what's called "provisional income" to determine how much of your Social Security benefits are taxable. Your ...
As Donald Trump’s tariffs send markets into a tailspin, pressure is mounting on the president to speed up his main proposal ...
More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge ...
One of the supporters of the income tax reduction said "families need this relief now more than ever," especially with ...
The state also boasted the savings taxpayers will reap by using the free service, which it said the IRS estimates to be worth ...
As the IRS faces mass layoffs, Congressional Democrats warn those staffing cuts could undermine the agency’s progress in ...
Would using a tax-preparation software application make better sense for your business than paying an outside accountant?
Maura Healey, who is raising her national profile lately, also reacted to the latest news out of the Trump White House: “It ...
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