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.
How Mass Layoffs at the IRS Will Affect Tax Season
Kaercher says that risks to the filing season could include delayed tax refunds, inability to answer as many phone calls or help lines, and “there’s a question of whether they retained the right people in house” to quickly solve technical issues should they arise during tax season.
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.
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,
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 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 much money can you expect from the IRS refund this 2025?
The 2025 tax season has commenced with a slower start than anticipated, yet tax refunds are steadily reaching taxpayers.
Homeland Security Officials Push I.R.S. for 700,000 Immigrants’ Addresses
The Department of Homeland Security has pushed the Internal Revenue Service to turn over the addresses of roughly 700,000 ...
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Filing Taxes: IRS struggles with staff shortage and service delays
According to CNET, the average tax return in Connecticut is $4,280 and 76% of taxpayers receive a refund. Sara Spodick, the ...
IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say
Experts say the layoffs of roughly 7,000 IRS probationary workers likely mean the end of the agency’s plans to go after ...
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.
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Borno revenue service surpasses target, hits N28.3 billion in 2024
The Borno State Internal Revenue Service (BOIRS) has reported a record revenue of N28.3 billion in 2024, exceeding its ...
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External Revenue or Protectionism: A Tariff Can’t Be Both
Either tariffs raise revenue from foreign imports or make imports expensive enough to protect domestic producers, not both.
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Borno’s tax revenue hits N28.3bn in 2024 on digitisation, others
The Borno State Internal Revenue Service (BOIRS) has announced a record revenue generation of N28.3 billion in 2024, ...
IRS layoffs could hurt revenue collection and benefit rich tax dodgers, experts say
Experts say layoffs of about 7,000 IRS workers probably mean an end to plans to target rich tax dodgers and could spell ...
IRS Warns Some Americans of March 3 Tax Deadline
American farmers and fishers who did not make estimated tax payments by January must file their 2024 federal income tax return and pay all taxes due by March 3, the Internal Revenue Service announced.