and the drop may be due to certain family tax credits haven’t been delivered yet. The IRS reported that the average refund amount via direct deposit was $2,252 based on 33 million tax returns ...

Watch your mailboxes and check your bank accounts: IRS refunds can be issued as early as February 18. However, most federal tax refunds take longer. The average federal tax refund was around $ ...

a former IRS commissioner. The federal tax collector employs roughly 90,000 workers total across the United States, according to the latest IRS data. People of color make up 56% of the IRS workforce, ...

Macy Meyer is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. Macy is a Writer on the CNET How-To team, covering a variety of topics ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

For years, I dreaded the possibility that a tax identity theft would complicate my life and delay my tax refund. Now I’ve finally taken steps to avoid it, and you may want to as well.

The short answer: Maybe. But the longer one may surprise you. After the IRS has mailed you letters, issued tax liens, and tried other remedies to settle your bill, the tax agency may have more ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This report provides analysis and advice on tax policy and administration reforms to modernize and improve the income and ...

The average refund check in 2025 stood at $2,169 as of Feb. 14, about 32% below the average $3,207 refund issued at the same time last year, the IRS said in its most recent tax update. The agency ...

a Dallas-based tax firm, said he’s had a few clients ask whether they need to file this year. “I’m concerned we’re going to see more of this” amid IRS layoffs and calls to eliminate ...

WASHINGTON — The Internal Revenue Service ... tax payment by Jan. 15, 2025. Those who made a qualifying payment by that date can wait until the regular April 15, 2025, deadline to file and pay and ...

A significant tax overhaul in 2017 bulked up standard deduction amounts, and in recent years, the IRS has made them even bigger as inflation soared. Premium: See offer landing page for details.