Photoalto/eric Audras | Photoalto Agency Rf Collections | Getty Images With the federal tax deadline less than one month away, tax refunds are higher on average compared with last year, but the change has been smaller than some early projections. In a January release, the White House said average tax refunds could increase “by $1,000 or…
Many Americans are feeling the financial pain following the expiration of enhanced federal subsidies for Affordable Care Act marketplace health insurance. About 1 in 10 people — 9% — who were enrolled in an ACA marketplace health plan last year are now uninsured following the lapse of enhanced subsidies that reduced their monthly premiums, according…
Alistair Berg | Digitalvision | Getty Images For many married women, one of the biggest financial transitions of their lives will come when it’s least welcome: after the death of their spouse. Women, on average, live longer than men — a longevity gap that means many wives will outlive their husbands. At birth, the average…
Xavier Lorenzo | Moment | Getty Images As many Americans see higher tax refunds this season, some are facing payment delays amid the IRS push to phase out paper checks. House Ways and Means Committee Democrats this week sent a letter to Treasury Secretary and acting IRS Commissioner Scott Bessent, seeking answers about the more…
Miniseries | E+ | Getty Images The average tax refund is 10.6% higher so far this season, compared to about the same period in 2025, according to the latest IRS filing data. As of Mar. 6, the average refund amount for individual filers was $3,676, up from $3,324 about one year ago, the IRS reported on Friday. The average…
Pnc | Stockbyte | Getty Images Millions of taxpayers have already filed to claim President Donald Trump‘s new “no tax on overtime” deduction. But some filers could risk errors on their tax return, experts say. Enacted via Trump’s “big beautiful bill,” the overtime tax break allows certain workers to deduct up to $12,500 for single…
Tony Anderson | Digitalvision | Getty Images The average tax refund is 10.6% higher so far this season, compared to roughly the same period in 2025, according to the latest IRS filing data. As of Feb. 27, the average refund amount for individual filers was $3,742, up from $3,382 about one year ago, the IRS reported on Friday. The…
U.S. President Donald J. Trump delivers the first State of the Union address of his second term to a joint session of Congress in the House Chamber of the United States Capitol in Washington, D.C., U.S.,on Tuesday, Feb. 24, 2026. Kenny Holston | The New York Times | Via Reuters Amid tariff uncertainty, President Donald Trump…
Andreypopov | Istock | Getty Images The average tax refund is 10.2% higher so far this season, compared to about the same period in 2025, according to the latest IRS filing data. The year-over-year percentage change is down from the 14.2% increase reported last week. As of Feb. 20, the average refund amount for individual filers was…
In his State of the Union address, President Donald Trump described soon-to-launch Trump accounts as “tax-free investment accounts for every American child.” “This is something that’s so special, has taken off and gone through the roof,” Trump said in the annual speech before Congress. The accounts, created under Trump’s “big beautiful bill,” function largely like a traditional…
