IRS Gives Tax Refund Update

IRS plans alarming move that threatens tax returns
According to the IRS, the agency has received about 42.7 million tax returns and processed roughly 42.3 million as of Feb. 21. Now, it appears that the IRS might be planning anoth
Tax Refunds: 3 Ways the IRS Can Alter Yours and 2 Things You Can Change
Unemployment debt: The third type of debt that the IRS can use your tax refund to pay down, unemployment compensation debt racks up when you are, for whatever reason, overpaid when receiving unemployment payments and are required to pay back some or – yikes – all of the money you received.
IRS Gives Tax Refund Update as Over $100B Returned
According to the latest data from the IRS, $102.253 billion has been refunded to taxpayers so far this filing season, which began on January 27. The amount taxpayers are getting has increased too. The average refund amount has increased from $3,213 in 2024 to $3,453—a boost of $240.
Average tax refund now 7.5% higher than last year; see how much Americans are getting back
Through Feb. 21, the latest date currently available on the IRS website, the agency has issued 29,615,000 refunds, roughly 2.3% more than the 28,945,000 that had been issued by this time last year. The average refund amount through Feb. 21 was $3,453, roughly 7.5% higher than the average refund of $3,213 at that time last year.
Average tax refunds so far in 2025 are up 7.5% but IRS still receiving fewer early returns
The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.
Fewer IRS returns... Delays in your tax refund or what's going on this 2025
As tax season unfolds in 2025, taxpayers are experiencing unexpected delays in their refunds. With 7.7% fewer returns received by the IRS, several factors are contributing to this slowdown.

IRS, Massive Workforce

Tax Rules and IRS Staffing Are in Flux. Here’s What the Pros Say to Do Now.
We asked financial professionals what they are telling clients about filing their returns this year and mitigating tax bills ...
IRS Layoffs 2025: How Businesses Will Feel the Impact
IRS layoffs in 2025 could mean tax delays, fewer audits, and compliance challenges. See how businesses will be affected.
Trump Treasury confirms it's eyeing IRS for 'streamlining' shake-up as tax season heats up
The Trump administration's Treasury Department is considering a "wide range" of possibilities to streamline the tax agency, Fox News Digital learned.
Who can help me with IRS tax debt?
If you owe the IRS money for back taxes and need some extra help, there are a few different options to consider.
DOGE Could Cut the IRS in Half. What Does That Mean for Your Tax Filings?
New reports indicate that Elon Musk may hit the agency with a second round of mass layoffs, and that audits could be abandoned amid the diminished headcount.
How Mass Layoffs at the IRS Will Affect Tax Season
Kaercher says that risks to the filing season could include delayed tax refunds, inability to answer as many phone calls or ...
Hosted on MSN16h
IRS Collection Powers Stretch Beyond Standard 10 Year Limit
The IRS follows specific timeframes for collecting unpaid taxes. Learn the crucial deadlines and exceptions that could ...
IRS Auction: Tekashi 6ix9ine Auction Sparks Celebrity Bids
The IRS auction of the embattled rapper Tekashi 6ix9ine's personal belongings started Wednesday afternoon at 1 p.m. ET, with ...