Child Tax Credit
New Trump-Era Tax Law Could Mean Larger Refunds for Many Filers
Americans filing their 2026 tax returns may find larger refunds and new savings opportunities due to the ‘One Big, Beautiful Bill Act,’ signed into law last year by President Donald Trump. Key changes include increased standard deductions, a quadrupled SALT…
2025 Tax Refunds: Why Fewer Americans Got Checks—But the Average Payout Grew
The 2025 tax season delivered slightly larger refunds to fewer Americans, as the IRS navigated staff cuts, a government shutdown, and a major overhaul of tax law. Direct deposit dominated payouts, while paper checks faded. New rules for 2026 promise…