IRS data reveals that the average tax refund amount for 2026 has increased by nearly 11%, providing a welcome financial boost to taxpayers across the United States. This significant rise is attributed to various factors, including changes in tax laws and an uptick in taxable income. The data highlights how American taxpayers are experiencing larger tax refunds compared to previous years, which could spur consumer spending and positively impact the economy. With the tax season underway, many individuals are eager to receive their IRS refunds, which can assist in paying off debt, saving, or making significant purchases. As more taxpayers file their returns, the IRS emphasizes the importance of accuracy and e-filing for faster processing and refunds. Understanding these trends can help taxpayers better plan their financial strategies for the year ahead. For those yet to file, this increase serves as an incentive to gather necessary documents and file as soon as possible to take advantage of these favorable refund conditions.
CBS NewsNew data shows return policies are deterring shoppers at checkout
February 17, 2026
A recent report highlights a growing ‘Returns Revolt’ among online shoppers, where restrictive return policies are significantly impacting e-commerce sales. According to the study, released