What to know before Tax Day ends
This year’s Tax Day ends at midnight on Wednesday. Spencer Jakab, a columnist for The Wall Street Journal, joins CBS News with more details. Source link
Tax
Millions tap Trump tax cuts this filing season as refunds top $3,400
NEWYou can now listen to Fox News articles! More than 53 million tax filers used at least one of President Donald Trump’s signature tax breaks this filing season, as the average refund climbed above $3,400, according to Treasury Department data released on Tax Day. The figures mark the first filing season since the Republican-backed “Working … Read more
On filing deadline, GOP blasts Democrats for opposing Trump tax cuts, ‘making life more expensive’
NEWYou can now listen to Fox News articles! FIRST ON FOX: On the deadline for Americans to file their taxes, Senate Republicans are targeting Democrats for voting against tax cuts the GOP passed and President Donald Trump signed into law last summer. The National Republican Senatorial Committee (NRSC), the Senate GOP’s campaign arm, on Wednesday … Read more
It’s Tax Day. Here’s how big the average tax refund is in 2026.
As another Tax Day arrives, the average refund this year is $3,462, up 11%, or around $350, from 2025, according to IRS data. “Aggregate refunds are up, average refunds are up, and clearly millions, if not tens of millions, of taxpayers are claiming one of the new deductions” under the “One Big Beautiful Bill Act” … Read more
New York Governor Proposing Tax on Second Homes Worth $5 Million or More
Hochul says the measure would raise $500 million a year by taxing pieds-à-terre and help close a $12 billion New York City budget gap. Source link
Massachusetts Town Rejects 50% Property Tax Hike
South Hadley is a warning sign for financially strained municipalities across the U.S. ‘Voters want more efficiencies in government and less taxes.’ Source link
The IRS has shrunk. So has public trust in tax fairness.
While many Americans are enjoying new tax breaks, the Internal Revenue Service has fewer people to collect taxes. And most people say wealthy citizens aren’t paying their fair share. Source link
Opinion | The Growing State Tax and Jobs Divide
On April 15, see how job growth has changed in high- and low-tax states. Source link
5 smart ways to spend your tax refund
With a bigger tax refund check this year, what should you do with that extra money? Here are 5 smart options to consider. Source link
Tax extension filers beware: Payments are still due to the IRS by April 15
NEWYou can now listen to Fox News articles! Each year, roughly 20 million Americans file for tax extensions, but many may not realize that any taxes owed are still due to the IRS by April 15. While an extension gives taxpayers until October to file, it does not delay their obligation to pay what they … Read more