Larger Tax Refunds in 2026 Expected as IRS Delay and Trump Tax Law Create $50 Billion Windfall
WASHINGTON — Millions of Americans could see larger tax refunds or smaller tax bills when filing returns in 2026, due to the combined effects of President Donald Trump’s latest tax and spending package and a lag in Internal Revenue Service (IRS) updates. Economists estimate the total savings could reach as high as $50 billion, though … Read more