Are Americans getting nearly $4000 in tax refunds as promised by Trump? New IRS data reveals the truthThe average IRS tax refund in 2026 has reached $3,804, according to the latest IRS filing season data. That is 10.2% higher than last year....
04 Mar, 2026, 06.58 PM IST
IRS Tax refunds delayed in 2026: Are 164 Million filings, staffing cuts, and backlogs slowing your expected refund processing time?164 million tax returns are expected before the April 15, 2026 tax deadline. The IRS is still handling nearly 2 million unresolved cases. S...
20 Feb, 2026, 01.13 AM IST
IRS tax returns could be delayed this season - here's when to expectIRS refund schedule 2026: The IRS says most 2026 tax refunds arrive within 21 days if filed electronically with direct deposit. The agency ...
06 Feb, 2026, 05.45 PM IST
IRS refund delays could hit millions as government Shutdown threatens 2026 tax season - here's everything you need to knowIRS refund delays 2026: Americans filing taxes this year face potential delays as the IRS braces for a possible government shutdown. Fundin...
31 Jan, 2026, 12.02 AM IST
IRS retirement tax credit — How eligible savers can reduce their federal tax bill by up to 50 percent under 2025 income rulesMillions of taxpayers qualify for an IRS retirement tax credit yet never claim it. The Saver’s Credit can reduce federal taxes by up to 50 ...
17 Jan, 2026, 12.03 AM IST
Filing for 2026? Key tax changes you need to know to get the biggest refundThe 2026 tax season begins January 26 with historic changes. Paper checks are officially dead; direct deposit is now mandatory for fast ref...
15 Jan, 2026, 08.03 PM IST
Five states set for up to $2,000 Social Security boost in 2026 — see if yours makes the listTrump tax cuts could reshape the 2026 tax season for millions of Americans. New IRS data shows refunds may reach $1,000 to $2,000 for many ...
31 Dec, 2025, 04.52 AM IST
Trump ousts IRS chief just days after appointing him amid feud between Elon Musk and Scott BessentPresident Donald Trump has replaced the acting IRS commissioner Gary Shapley just days after he appointed him amid the ongoing feud between...
19 Apr, 2025, 10.51 AM IST
IRS loses nearly 40% of its billionaire audit team as Donald Trump and Elon Musk push for deep cuts, America’s wealthiest celebrateThe IRS’s Global High Wealth unit, tasked with auditing the wealthiest Americans, has seen a 38% loss in staff this year, resulting in stal...
31 Mar, 2025, 06.34 PM IST
Layoffs in USA: What do we know about job cuts by Trump administration, other firms?Weekly applications for jobless benefits are considered a proxy for layoffs, which have remained mostly in a range between 200,000 and 250,...
06 Mar, 2025, 09.01 PM IST
Musk's new ultimatum spurs fresh confusion among US government workersElon Musk's ultimatum to federal workers has led to confusion and resignations as conflicting guidance spreads across agencies. The situati...
26 Feb, 2025, 01.10 PM IST
IRS will lay off roughly 7,000 employees amid tax filing season in Trump downsizing spree: 10 point-explainerThe Internal Revenue Service in the United States will lay off around 7,000 employees amid tax filing season as Trump aims to cut jobs in t...
24 Feb, 2025, 04.21 PM IST
Trump purge: In the middle of season as millions file taxes, IRS fires 6,700 employees, mainly auditors dealing with tax compliance issues, and faces massive backlashIRS has laid off 6,700 employees, with over 5,000 auditors and collection staff let go. This decision, coming in the middle of the tax seas...
22 Feb, 2025, 07.48 PM IST
IRS to cut 7,000 jobs as Donald Trump administration pushes federal downsizingThe Internal Revenue Service (IRS) is set to lay off around 7,000 employees across the US as part of the Donald Trump administration’s effo...
21 Feb, 2025, 12.23 AM IST
Joe Biden calls for higher taxes on corporations and the wealthyPresident Biden's budget aims to cut deficits by $3 trillion through tax increases. It proposes $5 trillion in additional taxes on corporat...
12 Mar, 2024, 09.16 AM IST
Huge boost for self employed as major Tax reform announced by Kwasi Kwarteng in mini Budget. Details hereChancellor of the Exchequer Kwasi Kwarteng has reversed the decision to increase the National Insurance rate by 1.25 per cent and also slas...
23 Sep, 2022, 08.20 PM IST
CCEA clears continuation of Rs 12k cr tech upgradation fundThe government today approved the continuation of Technology Upgradation Fund Scheme (TUFS) for the 12th Plan period (2012-17).
29 Aug, 2013, 10.45 PM IST