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The IRS Has Issued $179 Billion in Tax Refunds so Far in 2025

Summary by Cnet

Eight weeks into the tax season, the average refund is still tracking higher than last year's average.

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The IRS Has Issued $179 Billion in Tax Refunds so Far in 2025

Eight weeks into the tax season, the average refund is still tracking higher than last year's average.

3 days ago·New York, United States

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IRS Lets EV Buyers Claim Missed Tax Credits Retroactively

Dealers previously had just 3 days to report an EV sale to the IRS for the tax credit. Now, they can now submit a sales report for any vehicle sold in 2024 to claim credits. National Auto Dealers Association lobbied the IRS to resolve issues with the EV credit. The $7,500 federal EV tax credit has given many Americans a financial nudge to go electric, but the program hasn’t exactly been smooth sailing. While the credit can now be applied directl…

3 days ago

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