IRS, tax and refund

IRS plans alarming move that threatens tax returns
According to the IRS, the agency has received about 42.7 million tax returns and processed roughly 42.3 million as of Feb. 21. Now, it appears that the IRS might be planning anoth
IRS issues $102.253 billion in tax refunds as 2025 tax season progresses
Since the start of tax season, the IRS has issued more than $100 billion in tax refunds to Americans, with the average refund amount rising compared to 2024.
Average tax refund now 7.5% higher than last year; see how much Americans are getting back
Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly 2.3% more than the 28,945,000 that had been issued by this time last year. The average refund amount through Feb. 21 was $3,453, roughly 7.5% higher than the average refund of $3,213 at that time last year.
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
The Internal Revenue Service (IRS) has fired 7,000 workers in Washington, D.C., and around the country—layoffs occurring right as the 2025 tax return filing season hits full steam. The cuts are one step in the charge of the newly created Department of Government Efficiency’s goal of to reduce the deficit by $1 trillion—which has begun with mass layoffs at multiple government agencies,
Tax Refunds: 3 Ways the IRS Can Alter Yours and 2 Things You Can Change
Tax refunds can be flexible if you need them to be, but the IRS also has lots of leverage over them. Writer Thomas is a native of upstate New York and a graduate of the University at Albany. As a member of CNET's How To team,
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.
Two reasons why you will not receive your full IRS tax refund
As tax season unfolds, millions of taxpayers eagerly await their refund checks. However, not everyone will receive the full amount they expect.
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Free IRS ‘Where’s My Refund' tool offers daily updates on status of 2025 tax refund
If you e-filed your return, you can expect to see status updates roughly 24 hours after submitting it. If you e-file a prior ...
Tax Rules and IRS Staffing Are in Flux. Here’s What the Pros Say to Do Now.
We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...
8 tax deductions you didn't know you qualified for
These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.
Scam alert: This is how thieves might try to steal your tax refund or other money
Here are several schemes and scams to watch out for this year, as well as mistakes and tricks to steer clear of as a taxpayer ...
Tips to make the most of your tax refund
It's tax time, which means many of you will soon be seeing tax refunds in your back accounts. Consumer Investigator Rachel ...
2025 tax season off to slow start amid federal layoffs, hiring freeze. Will refunds be affected? What to know
The 2025 tax season is in full swing, but the IRS is seeing fewer returns so far. Here's some things that could be causing it.
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Trump’s plans to slash IRS staff could derail agency amid tax season
It would likely contribute to a longer-term trend at the agency of diminished audit rates, minimal tax enforcement for the ...
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IRS said to be planning to lay off half of workforce
The IRS headquarters in Washington, D.C. The Internal Revenue Service is reportedly making plans to lay off up to half of its 90,000-person workforce. The Associated Press reported the layoffs would ...