It's Tax Day. Here's how big the average tax refund is in 2026.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Watch CBS News
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
It will mostly be business as usual for homeowners this tax season. However, new changes introduced under the "big, beautiful bill" may affect how they file.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
Taxpayers saw their tax refunds shrink last year due to the expiration of pandemic benefits. But some people may get a boost in 2024.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
Amy Nofiziger, a fraud expert for AARP, says that as the deadline approaches, scammers, "know that we're stressed and that it's going to be easy manipulating us."
If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.
Michigan House Bill 4235 aims to give union workers a tax benefit that was taken away in 2017.
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
A government watchdog warns that tax pros might not do a better job than you can — and some are straight-up fraudsters.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
While the IRS sent out two stimulus checks and updated the Child Tax Credit this year, it's falling short of its core mission of servicing American taxpayers.
Tax Day, the last day to file 2017 income tax returns, is just days away on April 17. And scammers are upping their game, the IRS said in a warning this week. Thousands of Americans have lost millions of dollars and their personal information in scams, the agency said.
You've got a hefty check headed your way, thanks to your tax refund. Don't spend it just anywhere. Instead, here are five smarter ways to use your refund money.
A tax refund from the state of Michigan could require more than just filing a return.
What is your largest asset? It's your ability to earn a living!
With the U.S. staring down the barrel of a default deadline, an economist says an agreement on the budget may be too little, too late.
