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  • No 1970s but oil shock still hits consumers, businesses
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  • Lufthansa faces nearly $2 billion in extra fuel costs amid Iran war
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Taxes

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1.4 million face tax refund delays amid IRS paper check phaseout

Sagar1 month ago04 mins

Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks.     House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays…

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  • Business

‘War tax resistance’ gains attention — but IRS penalties apply

Sagar2 months ago07 mins

Chicago attorney Rachel Cohen owes more than $8,000 in federal income taxes — but has intentionally left that balance unpaid. “I’m not paying my federal income tax this year,” Cohen said in a widely viewed TikTok video from March 2 about her decision. The 31-year-old community organizer filed her federal tax return, which shows a…

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  • Business

Average IRS tax refund is up 10.8%, new filing data shows

Sagar2 months ago03 mins

Granger Wootz | Tetra Images | Getty Images The average tax refund is 10.8% higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of March 13, the average refund amount for individual filers was $3,623, up from $3,271 about one year ago, the IRS reported on Friday….

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  • Business

Tax refund could be smaller than expected this season. Here’s why

Sagar2 months ago03 mins

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…

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IRS paper check changes trigger tax refund delays for many filers

Sagar2 months ago04 mins

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…

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  • Business

Average IRS tax refund is up 10.6%, filing data shows

Sagar2 months ago04 mins

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…

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  • Business

Trump’s ‘no tax on overtime’ deduction could risk filing mistakes

Sagar2 months ago03 mins

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…

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  • Business

Average IRS tax refund is up 10.6%, early filing data shows

Sagar2 months ago03 mins

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…

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  • Business

Trump said tariffs could ‘substantially replace’ income taxes

Sagar2 months ago03 mins

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…

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Average IRS tax refund is up 10.2%, based on early filing data

Sagar2 months ago03 mins

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…

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  • No 1970s but oil shock still hits consumers, businesses
  • Bryson DeChambeau plans to focus on YouTube if LIV Golf ends
  • Kaptur, Merrin set for House rematch in Ohio
  • Lufthansa faces nearly $2 billion in extra fuel costs amid Iran war
  • AFCA board proposes 4 changes to college football calendar

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