News
This Is How Much Bigger Your Tax Refund Will Be After New SALT Deductions - AOL
4+ day, 10+ hour ago (549+ words) The SALT deduction cap rose from $10, 000 to $40, 000 starting in 2025 under the One Big Beautiful Bill Act (OBBBA). According to tax pros who spoke to GOBanking Rates, this allows larger itemized deductions and larger refunds for some high-tax state filers who…...
The Brutal Truth About Your Tax Refund - AOL
2+ week, 12+ hour ago (618+ words) A tax refund can feel like a financial victory: a surprise check that helps you keep more cash in your wallet for the year ahead. For many Americans, it's the moment tax season finally feels worth the hassle. But behind…...
6 Ways To Invest Your Tax Refund Into Your Retirement - AOL
1+ mon, 3+ week ago (490+ words) More American taxpayers will be receiving a tax refund in 2026 compared to previous years, per the Tax Foundation. While it may be tempting to treat that refund like free money and funnel it into a spending spree or a vacation…...
A Tax Preparer Shares the No. 1 Filing Mistake That Can Reduce Refunds - AOL
3+ week, 4+ day ago (376+ words) According to the IRS, the average refund for American taxpayers in 2025 was $3, 052. The good news is that this number is expected to increase by 15% to 20% on average in 2026, as reported by CNBC. Explore More: 9 Unusual Ways to Make Extra Money…...
How Your 2025 Tax Return Could Affect Your Retirement Income in 2026 - AOL
3+ week, 6+ day ago (864+ words) Tax season isn't just about paying the IRS " it's a time to look out for your nest egg. Choices you make on your 2025 tax return can impact your 2026 finances. Everything from Social Security taxation to Medicare premiums can affect your…...
How many tax refunds does it take to buy a home in 2026? - AOL
1+ mon, 3+ week ago (1139+ words) So far in the 2026 filing season, the average tax refund has reached $3, 275, one of the largest annual lump-sum payments many households will see this year. About 72% of filers have received a refund over the past decade, making it a common…...
7 sales tax filing errors that trigger state audits and what to do if you already made them - AOL
3+ week, 6+ day ago (735+ words) With states ramping up their tax enforcement personnel and sharpening their data-matching tools in 2026, Q1 filings are right in the crosshairs. Finance teams that filed just a few weeks ago may already be in the window where errors surface. The last…...
What You Need To Know About Your 2025 Tax Return That Can Change Your 2026 Retirement Income - AOL
4+ mon, 2+ week ago (854+ words) Tax season isn't just about paying the IRS " it's a time to look out for your nest egg. Choices you make on your 2025 tax return can impact your 2026 finances. Everything from Social Security taxation to Medicare premiums can affect your…...
'Oh, I cried': Tennessee retiree tried for years to return a $20, 000 IRS mistake " then the agency charged him interest and seized his refund - AOL
1+ mon, 1+ day ago (650+ words) When it comes to taxes, most of us worry about owing the IRS money, not getting too much of it back. But that's exactly what happened to Wilson Perry Kirby. When the 76-year-old retired Tennessee highway worker received an unexpected…...
Tariff refunds are showing up " in a big way " on the government's bottom line - AOL
1+ mon, 4+ day ago (430+ words) The US Customs and Border Protection (CBP), which is managing the tariff refund process, has already withdrawn about $14 billion more in May than in all of April, a clear indication that the quantity of checks going out to importers is…...