The IRS has issued more than 29.6 million individual income tax refunds through Feb. 21, up 2.3% from a year ago.

In 2025, the IRS has issued over $124 billion in tax refunds, marking an 8.1% increase from the previous year. This surge in refunds comes despite fewer tax returns being filed, attributed to inflation adjustments and new deductions.

The Trump administration’s changes to the federal government could alter the tax filing process for this year’s reporting period and beyond. Reports indicate the Department of Government Efficiency has taken a long look at the IRS,

With the 2025 tax season underway, the IRS Free File partnership could be just what you need to get your taxes done with ease and for $0.

More than 30 million taxpayers across the country are eligible to file their federal tax returns completely free-of-charge this year using Direct File, the Internal Revenue Service (IRS) has said. Tax season is underway, with the IRS currently accepting payments and returns for 2024. The deadline to file is April 15.

Filing taxes can be a daunting task for millions of Americans each year. However, the IRS has introduced a solution to simplify this process.

As the April 15 filing deadline looms, the Internal Revenue Service reminds taxpayers that after three years, any unclaimed 2021 tax year refunds go to the U.S. Treasury.