Tax refunds are likely going to be supersized in 2026 because of the One Big Beautiful Bill Act, which made major reforms to the tax code, including adding more opportunities to reduce your taxable income by claiming deductions. The act put these reforms into place retroactively for 2025, which means that the tax savings is taking effect this year.

If you’re going for broke on Christmas gifts this year, hold on tight, because your bank account may be replenished soon. Thanks to a sweeping new tax law, the average 2026 tax return could jump by about $1,000 per filer. You read that right: a bigger refund. No, you’re not dreaming. And no, the IRS didn’t suddenly become generous.

The Trump administration's signature tax law changes may stoke inflation in the early part of next year. Here's why that's worrisome.

The impact of the Republicans' tax and spending law could result in the "largest refund season of the last decade," a Wall Street report says.

Paying taxes is a reality for citizens in the United States, and the government is already urging them to start preparing. The Internal Revenue Service (IRS)

It’s not clear how that would work or if Trump could afford to do so without worsening the national debt, which he claims his tariffs will also cut.

Pres. Donald Trump teased an end to income tax in the "not too distant future" while touting the success of tariffs.

Income tax refunds are significantly delayed this assessment year, with processing times extended even for routine cases. Official data shows a substantial drop in refund outgo compared to last year,