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Average 2026 Tax Refund Up $350 Year Over Year, IRS Data Shows, as Tax Deadline Approaches

Taxes April 6, 2026 

Average 2026 Tax Refund Up $350 Year Over Year, IRS Data Shows, as Tax Deadline Approaches

For the week ending March 27, 2026, the average refund is worth $3,521, an 11.1% increase compared to 2025’s $3,170.

Featured Articles

April 6, 2026  

As Tax Day Nears, Service Members Warned: ‘A Lot of Scams Out There’

April 6, 2026  

Social Security Issues Serious Scam Warning to Retirees

April 6, 2026  

States Pay Deloitte, Others Millions to Comply with Trump Law to Cut Medicaid Rolls

April 6, 2026  

Tax Returns, Refunds for Thousands of New Yorkers Impacted by Typo

April 6, 2026  

A Year After ‘Liberation Day,’ What Did Trump’s Tariffs Achieve?
Should You Actively Trade in a Roth IRA?

Payroll January 18, 2025 

Should You Actively Trade in a Roth IRA?

Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.

Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse

Taxes January 17, 2025 

Treasury Nominee Warns of ‘Devastating’ Consequences if Tax Cuts Lapse

Taxes and tariffs took center stage Thursday at a hearing for President-elect Donald Trump's intended Treasury secretary nominee Scott Bessent.

Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill

Taxes January 17, 2025 

Sens. Rosen, Cruz Re-Introduce Bipartisan ‘No Tax on Tips’ Bill

During the election cycle, President-elect Donald Trump campaigned on the promise to eliminate taxes on tips—a policy he first introduced during a rally in Las Vegas.

Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative

Taxes January 17, 2025 

Reconciliation Debate to Test ‘Tax Cuts for the Rich’ Narrative

Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.

SEC Sues Elon Musk Over Stock Ownership Disclosures

Financial Reporting January 16, 2025 

SEC Sues Elon Musk Over Stock Ownership Disclosures

The regulator has been probing Musk’s investment in Twitter since 2022, pressing him to him to explain why he hadn’t disclosed his stake in Twitter within the correct timeline.

medicaid1

Benefits January 16, 2025 

Medicaid Faces ‘Reset Moment’ Under Trump

It's not certain that major changes to such a keystone program can be accomplished in a single congressional year, but some form of cuts appears to be a pretty safe bet at this point.

Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources

Taxes January 16, 2025 

Trump Creating New ‘External Revenue Service’ to Collect Money From Foreign Sources

The new agency, which Trump announced on Truth Social, will collect the proceeds from tariffs and other revenue from foreign countries.

Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings

Taxes January 16, 2025 

Democrats Say Treasury Nominee Scott Bessent Avoided Medicare Tax on Hedge Fund Earnings

Senate Democrats are gearing up for a fight against Scott Bessent, President-elect Donald Trump's pick for Treasury secretary, with questions about his fitness to hold the office based on a review of his tax returns.

What’s at Stake as House GOP, Dems Debate Extending Trump Tax Cuts

Taxes January 16, 2025 

What’s at Stake as House GOP, Dems Debate Extending Trump Tax Cuts

There's less than a week before President-elect Donald Trump begins his second term, and congressional Republicans are already working to preserve one of his signature policies.

U.S. to Ban Red Dye #3 in Foods Due to Potential Cancer Link

Small Business January 16, 2025 

U.S. to Ban Red Dye #3 in Foods Due to Potential Cancer Link

U.S. health officials banned the artificial food coloring Red No. 3, which has been linked to cancer and is currently in scores of products from candy to cold medicine.

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Small Business January 15, 2025 

L.A. Fires: Rental Housing Costs Spike and Claims of Price Gouging in Southern California

In the Beverly Grove neighborhood of Los Angeles, the asking rent for a two-bedroom condo jumped from $5,000 to $8,000 in the wake of the fires...

7 Ways Gen Xers Can Turbocharge Retirement Savings Before It’s Too Late

Payroll January 15, 2025 

7 Ways Gen Xers Can Turbocharge Retirement Savings Before It’s Too Late

The first edge of Gen X, which ranges in age from 44 to 59, is on the cusp of retirement, and they still have time and a handful of strategies to significantly improve their savings and retirement.

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