#personal-finance
Average US tax refunds rise by $350 in 2026, IRS data shows
The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,
Average US tax refunds rise by $350 in 2026, IRS data shows
The average tax refund for U.S. filers has increased by roughly $350 during the 2026 tax season, according to the latest data released by the Internal Revenue Service on Friday, March 27, 2026. The IRS reported that the average refund reached $3,521 as of that date, compared with $3,170 during the same period in 2025, reflecting a noticeable rise in payouts to taxpayers. The data shows that approximately 88.4 million individual tax returns had been received by Friday, March 27, 2026,
Auto loan interest tax deduction offers limited savings for most drivers in 2025
Eligible U.S. taxpayers will be able to deduct up to $10,000 in auto loan interest for the 2025 tax year under a temporary tax provision created through President Donald Trump’s One Big Beautiful Bill Act, but financial analysts say the actual benefit for most car buyers will be far smaller than the headline figure suggests. While the deduction may appear generous at first glance, typical loan structures and interest payments mean that most borrowers are unlikely to approach the maximum all
Auto loan interest tax deduction offers limited savings for most drivers in 2025
Eligible U.S. taxpayers will be able to deduct up to $10,000 in auto loan interest for the 2025 tax year under a temporary tax provision created through President Donald Trump’s One Big Beautiful Bill Act, but financial analysts say the actual benefit for most car buyers will be far smaller than the headline figure suggests. While the deduction may appear generous at first glance, typical loan structures and interest payments mean that most borrowers are unlikely to approach the maximum all
Why Rs 12 Crore Didn't Make This Man Happy: Investment Advisor Explains
We all often assume that having more money will make us happier, but sometimes, the reality doesn’t match our expectations. Abhishek Kumar, a SEBI-registered investment adviser, shared a thought-provoking story on LinkedIn about an acquaintance who, despite amassing a wealth of Rs 12 crore, found himself feeling unfulfilled. The man had built his fortune over 15+ years of hard work, but rather than feeling pride or excitement, he was left with a peculiar
Why Rs 12 Crore Didn't Make This Man Happy: Investment Advisor Explains
We all often assume that having more money will make us happier, but sometimes, the reality doesn’t match our expectations. Abhishek Kumar, a SEBI-registered investment adviser, shared a thought-provoking story on LinkedIn about an acquaintance who, despite amassing a wealth of Rs 12 crore, found himself feeling unfulfilled. The man had built his fortune over 15+ years of hard work, but rather than feeling pride or excitement, he was left with a peculiar
Gold vs Mutual Funds: Which Investment Offers Better Returns in 2025?
If you're wondering whether to invest in gold or mutual funds this year, you're not alone. With rising market uncertainty, inflation concerns, and global geopolitical tensions, investors are reevaluating traditional assets. Gold and mutual funds have long stood as two prominent options for Indian investors. While both offer potential returns, they cater to different investment styles, goals, and risk appetites. Financial experts suggest that a well-balanced investment portfolio, tailo
Gold vs Mutual Funds: Which Investment Offers Better Returns in 2025?
If you're wondering whether to invest in gold or mutual funds this year, you're not alone. With rising market uncertainty, inflation concerns, and global geopolitical tensions, investors are reevaluating traditional assets. Gold and mutual funds have long stood as two prominent options for Indian investors. While both offer potential returns, they cater to different investment styles, goals, and risk appetites. Financial experts suggest that a well-balanced investment portfolio, tailo









