Frank Bisignano
American businessman
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politics Mar 4, 2026, 6:58 PM
IRS reveals potential for significant tax refunds amid confusion - The IRS announced that tax year 2025 will allow carry-forward of Adoption Tax Credit from previous years.
- Refunds are significantly higher this year, with average refunds reaching $3,804, largely due to new deductions.
- Taxpayers are encouraged to review their filings to avoid leaving money unclaimed.
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politics Jan 28, 2026, 4:00 PM
IRS faces severe workforce cuts ahead of 2026 tax season - The IRS is facing a significant workforce reduction of 27% due to cuts since the Trump administration.
- Taxpayer Advocate Erin M. Collins warns that the complexity of tax law changes and reduced staff may hinder assistance during the 2026 tax season.
- Despite challenges, IRS leaders maintain that taxpayers will continue to receive refunds on time.
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2026 All rights reserved


2026 All rights reserved

