Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

With most pandemic-era policy changes in the rearview mirror, the 2025 tax season is mostly business as usual.

(In 2025, the standard deduction goes up to $ ... Then, match that income to the corresponding range in the tax bracket chart for your filing status to see the rate that applies to each portion ...

While refunds are up, the number of people who’ve filed already is down compared to 2024. The IRS has received 42.7 million ...

The 2025 tax season is already underway, and as the days go by, many taxpayers are anxiously awaiting the date when they will ...

tool on IRS.gov or the IRS2Go app. WASHINGTON - Millions of Americans have already received their tax refunds in 2025, ...

Key amendments introduced under the new tax regime for FY 2025-26 (AY 2026-27) 2. No Tax upto 12 lakh Enhanced Tax Rebate (Section 87A): The tax rebate under Section 87A has been enhanced and ...

After careful consideration, the government has still opted to increase VAT, but now only by 0.5%pts in 2025, and further 0.5%pts in 2026. This will bring VAT to 16% in 2026. To make up for the ‘lost’ ...