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

E-filed tax returns should receive a refund about one month or less from the filing date, according to the IRS . You can ...

In 2024 and 2025, there are seven income tax rates and brackets, ranging from 10% to 37%. Find out which ones you're in, how tax rates work and what you can do to cut your tax bill. Many ...

During President Donald Trump’s successful campaign bid last year, he proposed eliminating individual income taxes for all Americans and paying for the lost revenue by increasing import tariffs.

The average federal income tax refund was $2,065 through Feb. 7. The IRS has received fewer returns in the first two weeks of the 2025 season than it received a year ago. Tax season continued its ...

This metric reflects total state and local tax revenues – from income taxes, sales taxes and more – as a share of personal income, based on tax revenue data from the U.S. Census Bureau’s ...

Tax Day is quickly approaching, and millions of Americans will be filing annual income taxes in their home states between now and the April 18 deadline. But income tax is only one piece of the tax ...

The IRS may owe those who didn’t file their 2021 taxes hundreds — even thousands — of dollars, but the deadline to claim that ...

President Trump has proposed eliminating some or all income taxes. The plan would rely on increased tariffs on foreign goods to replace lost income tax revenue. The proposal faces significant ...