Today: 20 November 2025
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Tax refunds

Record 2026 Tax Refund Surge Looms as New Tax Cuts Fuel a $50 Billion “Stimulus”

Record 2026 Tax Refund Surge Looms as New Tax Cuts Fuel a $50 Billion “Stimulus”

A Tax Refund Windfall on the Horizon American taxpayers are poised for a record tax refund season in early 2026, with millions set to get substantially larger refunds when they file their 2025 income-tax returns. The reason is an unusual combination of retroactive tax cuts and an IRS decision not to adjust 2025 paycheck withholding to reflect those cuts cbsnews.com. In essence, workers have been overpaying taxes in 2025 under old rates, so they’ll get that money back as a lump-sum refund next spring cbsnews.com. “Many taxpayers will pay too much in tax this year and see larger tax refunds
3 November 2025
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Shocking IRS Update: New 2026 Tax Brackets Slashed for Millions – Here’s How Much You’ll Save

Tax Refunds 2025: IRS Shutdown Delays, Bigger Payouts & Global Rebate Roundup

Key Facts: As Congress’s funding lapse hit IRS operations in late Oct 2025, most paper refunds were paused (e-filers still get refunds) irs.gov. The IRS paid out $311.6 billion in refunds in 2025 (up slightly) with an average of $3,052 per taxpayer ts2.tech. The new U.S. tax law (the “One Big Beautiful Bill” of July 2025) raised credits for children and seniors ts2.tech, and analysts now forecast a surge in refunds (an extra ~$50 billion, or +18%) in early 2026 cbsnews.com economictimes.indiatimes.com. In state news, Virginia announced one-time income-tax rebates of $200–$400 from a budget surplus ts2.tech. Abroad, India reports delays in
30 October 2025
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