'Largest' tax refunds? How much cash will actually hit Americans’ bank accounts?

Americans can anticipate significantly larger tax refunds next year, potentially an extra $1,000 per filer. This boost is attributed to Donald Trump's 'One Big Beautiful Bill Act,' signed into law in July. Treasury officials project these refunds to be the largest in history, offering financial relief amidst cost-of-living concerns, though some Democrats remain critical.

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