The IRS is reminding taxpayers that if their 2025 tax return claims either the Earned Income Tax Credit or the Additional Child Tax Credit, it could be subject to delays. That’s because of a provision that prevents the IRS from issuing any refunds tied to those claims until after mid-February, no matter when you file…
Americans are expecting hundreds of billions in tax refunds this year, with the average refund expected to be about $3,800 for the 2026 tax season, according to recent reports. And, with millions of people carrying record levels of debt right now — household debt now exceeds $18.5 trillion — the tax refunds issued by the…
The IRS said in a statement that it will continue operations under the current lapse in appropriations until further notice, using funding from 2022 legislation. Taxpayers can expect IRS operations to continue as normal, with offices maintaining regular hours, online self-service help tools available and other services continuing as usual. READ MORE
If you’re trying to plump up your nest egg or stretch your retirement savings, every dollar you can keep in your pocket counts. To help with that effort, the 2026 tax season arrives with a host of changes that could cut your 2025 tax bill. Read more
