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US Economy · United StatesAmericans can expect to see bigger tax refunds this year, thanks to new rules at the Internal Revenue Service. The IRS began accepting 2025 federal tax returns Monday with the 2026 tax season the first to be impacted by changes from the Big Beautiful Bill Act, which was signed into law last summer. About 75 percent of Americans receive refunds each year with the average in 2025 being $2,939, according to IRS data. Refunds this year could jump as much as 30 percent due to President Donald Trump’s new tax bill, USA Today reported.See the Story
Larger tax refunds predicted for millions as new IRS rules come into effect
44% Center coverage: 59 sources
