Why Your Tax Return Might Be Bigger This Year

As tax season gets into full swing, we want to share some helpful updates, so you know what to expect this year. It’s a mix of good news, useful changes, and reminders to help make filing easier.

Refunds Are Trending Higher This Year

One of the biggest changes this season is that average tax refunds are bigger than last year. Early IRS data show the typical refund amount is up about 14% compared with the same time last year. A few reasons:

• The tax law changes that took effect in 2025 included expanded deductions and tax breaks that can reduce your taxable income.
• The IRS didn’t update withholding tables during the year, so many people may have had more tax withheld than necessary, resulting in a larger refund when you file.

Some Tax Break Amounts Are Bigger

Thanks to inflation adjustments and changes from recent tax legislation:

• The standard deduction is up slightly for most filing types.
• Certain credits, especially for families and those with dependents, have increased.
• Some taxpayers (like those with overtime pay or tips) may also benefit from new deductions.

These adjustments don’t change everyone’s taxes the same way, but for many households, they mean you could keep more of your hard-earned money.

Refund Timing Still Varies

Filing early can help you get refunds sooner, but waiting to ensure all your documents and information are correct is usually worthwhile. If a return is filed with missing or incorrect details, or if it triggers additional review, it can delay the process.

If you have questions about these changes, don’t hesitate to contact us. We’re here to make taxes less overwhelming and ensure you keep more of your money where it belongs: with you.