Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.
The IRS said the average refund amount has increased by 7.5% this year, going from $3,213 in 2024 to $3,453 so far in 2025.
With most pandemic-era policy changes in the rearview mirror, the 2025 tax season is mostly business as usual.
While refunds are up, the number of people who’ve filed already is down compared to 2024. The IRS has received 42.7 million ...
As the 2025 tax season approaches, significant changes from the IRS could impact your financial planning, whether you file ...
The 2025 tax season is already underway, and as the days go by, many taxpayers are anxiously awaiting the date when they will ...
The IRS has announced the new federal income tax brackets for both tax year 2024 and 2025. If you haven’t filed yet for 2024 or are already thinking about what your taxes might look like next year, ...
Here’s what to know about tax season and Tax Day, a quick explainer on how tax breaks work and a list of 10 strange, creative IRS-approved tax breaks.
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of February 10, 2025 – February ...