Government ❯ Legislation ❯ Tax Policy

Trump Administration

Economic Impact One Big Beautiful Bill Musk's Critique Budget Cuts Fiscal Responsibility Tax Cuts Tax Reform One Big Beautiful Bill Act

Average U.S. Tax Refund Jumps Nearly 11% as New Deductions Take Hold

Policy changes alongside unchanged 2025 withholding lifted many refunds.

IRS Details 2025 Workarounds for New Tips and Overtime Deductions