Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
EDITOR’S NOTE: This article, which originally ran on April 7, has been updated with the latest numbers from the IRS. The IRS has processed 99.8 million tax returns as of April 3 and paid out 69.8 ...
As another Tax Day arrives, the average refund this year is $3,462, up 11%, or around $350, from 2025, according to IRS data. "Aggregate refunds are up, average refunds are up, and clearly millions, ...
As tax season comes to a close, you'll still want to watch your mailboxes. According to the latest IRS data, the average refund this filing season is about $3,512, almost a 10% increase over the same ...
Businesses will soon be able to apply for refunds to some of the tariffs they have paid through a new portal set to launch next week. The online portal, called Consolidated Administration and ...
The Trump administration is expected to start accepting claims next week for refunds from the tariffs President Trump collected illegally. In an order Tuesday, Judge Richard Eaton of the ...
U.S. Customs and Border Protection is set to launch a system to begin refunding companies that paid tariffs on imports after the Supreme Court ordered the government to do so earlier this year. In an ...
The average tax refund is 11.2% higher this season, compared with about the same period in 2025, according to the latest IRS filing data. As of April 10, the average refund amount for individual ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. With IRS deadlines approaching, anxiety and time pressure are pushing ...
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The Internal Revenue Service has begun accepting and processing federal tax returns for the 2025 filing season, with most refunds for electronically filed returns issued within about three weeks, the ...
According to the Internal Revenue Service (IRS), when someone gets the refund depends on how they filed their taxes. If you filed by direct deposit — which the agency calls “the best and fastest way ...