News
Tax refunds are larger this year. Make yours a stepping stone for your future
3+ hour, 54+ min ago (958+ words) Tax refunds are the biggest windfall of the year for many American households. And "tis the season: Through the week ending Feb. 13, nearly 13 million people had received 2025 federal tax refunds averaging $2,476, according to the IRS. Finally, some good news in…...
First Tax Season Under Big Beautiful Bill Mixes Heightened Complexity with Bigger Refunds
5+ hour, 7+ min ago (323+ words) While tax season is always a headache, clients may see larger refunds this year thanks to recent legislation, experts said. It's that time of year again when Americans prepare for their bacchanale of peace on Earth and good will to…...
IRS Reports Average Tax Refunds Up This Season Due to New Deductions
6+ hour, 50+ min ago (413+ words) It's officially tax season in the United States, and as Americans begin filing their taxes, the Internal Revenue Service (IRS) has indicated that millions across the country are receiving significant increases to their tax return. This marks the first tax…...
Trump is betting that bigger income tax refunds will boost the GOP
8+ hour, 3+ min ago (73+ words) Trump is betting that bigger income tax refunds will boost the GOP'The Washington Post Republicans designed parts of Trump's signature tax law to deliver larger refunds this filing season, offering a potential political boost before the midterms. Over the next…...
Federal Judge Orders Tariff Refunds After Supreme Court Ruling Against Trump
20+ hour, 27+ min ago (452+ words) Saturday, March 7, 2026 at 3:33 PM A federal judge in New York has determined that businesses must receive refunds for tariffs that were invalidated by the Supreme Court last month. The government collected over $130 billion through these now-overturned import taxes, with potential…...
Nintendo takes the U.S. government to court over tariffs
21+ hour, 21+ min ago (396+ words) Nintendo has filed a lawsuit against the United States government seeking refunds for tariffs imposed during the Trump administration. The case, filed by Nintendo's U.S. subsidiary in the U.S. Court of International Trade, argues that the company was forced to pay import…...
CBP Refund System Update: Customs struggles to comply with tariff refund order
1+ day, 18+ min ago (609+ words) CBP Refund System Update: Customs struggles to comply with tariff refund order Court rulings forcing repayment of billions in tariffs have exposed major logistical challenges for U.S. Customs and Border Protection The U.S. Customs and Border Protection (CBP) agency is facing significant…...
Nintendo sues the US Government over trade tariffs that delayed Switch 2 pre-orders
1+ day, 46+ min ago (467+ words) Nintendo sues the US Government over trade tariffs that delayed Switch 2 pre-orders'Notebookcheck Nintendo of America has joined a number of states and a significant number of companies in suing the United States Government over what they claim are "unlawful" tariffs,…...
Times Opinion: Donald Trump’s tariff refund game to deny, delay and defy the Supreme Court
1+ day, 1+ hour ago (534+ words) The Supreme Court ruled that the $164.7 billion in tariffs collected under the International Emergency Economic Powers Act (IEEPA) was unlawful. The decision has triggered a historic act of executive defiance. The same accounting logic applies here. The court ruling was…...
Meet the quiet winners of the Supreme Court tariff ruling: hedge funds creating a $100 billion market snapping up rights to importers’ tariff refunds
1+ day, 7+ hour ago (721+ words) At the end of February, Rep. Jamie Raskin, ranking member of the House Judiciary Committee, sent a letter to Commerce Secretary Howard Lutnick and his son Brandon Lutnick, who took over as chair of financial services firm Cantor Fitzgerald, replacing…...