Tax Refunds Set to Surge 18% in 2026 Filing Season as Retroactive Cuts Take Effect

American taxpayers can expect substantially larger refunds this filing season as retroactive tax provisions from last year's One Big Beautiful Bill Act finally reach households, providing a significant boost to consumer spending and economic growth in 2026. The average tax refund is projected to climb to $3,750, an 18 percent increase from 2025 levels, with […]