IRS Reports 3.23 Million Refunds Issued This Tax Season
IRS Reports 3.23 Million Refunds Issued This Tax Season

IRS Reports 3.23 Million Refunds Issued This Tax Season

News summary

The 2025 U.S. tax season began on January 27 and will conclude on April 15, with approximately 140 million returns expected to be filed. So far, about 3.23 million refunds averaging $1,928 have been issued, with the IRS implementing various changes this year, including higher standard deductions and adjusted tax brackets aimed at reducing tax liability for many filers. However, taxpayers need to be vigilant, as tax season also attracts scammers using phishing schemes to steal personal information. The IRS has warned about prevalent scams, such as fraudulent communications posing as IRS messages and 'ghost preparer' scams. Taxpayers are advised to verify communications and select reputable tax preparers to avoid falling victim to these threats. Overall, understanding the latest IRS updates and potential scams is crucial for navigating this tax season effectively.

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