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.
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 ...
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Expecting a Tax Refund? Here's Why You Should Save It, Says This Expert
In a high-yield savings account, you'll also earn interest on your tax refund, even if it's the only financial contribution ...
How many times a taxpayer is allowed to switch between old & new tax regime
Salaried taxpayers with non-business income can switch between tax regimes yearly. Those with business income who opt out of ...
Income Tax Calculator: Here you can assess which tax regime – old or new – is better for you?
Before filing your income tax return, it is vital to compare the tax computation under both the tax regimes i.e., old and new ...
‘Reverse Robin Hood scam' or windfall for middle class? Lawmakers debate Trump tax plan extensions
Democrats and Republicans are making competing claims about how extending tax cuts from Trump’s first term would benefit the ...
Learn about tax advance refund loans before applying
Terms and rates for tax refund advance loans vary widely. For example, Intuit TurboTax does not charge interest and can ...
Teals push to index income tax to inflation
Independent MP Allegra Spender blasts major parties for “lack of ambition for major reform” to return rising income taxes to ...
Leaked Memo! Major Tax Reform And Impact On U.S. Persons Abroad
A recently leaked memorandum has revealed significant tax reforms under discussion in the U.S. House of Representatives.
Where's my refund? Common filing mistakes that might delay when you get your refund
The IRS says there are a few reasons why your refund is taking longer to come. Here's what to know and mistakes to avoid so you get your money sooner.
Potential tax-saving measures seniors should be aware of at tax time
As tax season approaches, it's essential for seniors to be aware of the various tax credits, deductions, and benefits ...
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.