Fumagalli Tax Consulting

02/23/2026

Accurate

02/21/2026

I made my post before the IRS did!

It's almost time! Where's My Refund will begin updating after February 21 for those who claimed the Earned Income tax Credit or the Additional Child Tax Credit: www.irs.gov/refunds

02/21/2026

Hey everyone! 🌟

Quick PSA for anyone expecting a refund that includes the Earned Income Credit or Child Tax Credit: because of the PATH Act, refunds can’t go out until mid-February. The IRS just did a big update yesterday, so now’s a great time to check your status at irs.gov/refunds and see if there’s any new info on your direct deposit.

For more details on the PATH Act itself and how it affects refund timing, you can check out the IRS notice here: https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/when-to-expect-your-refund-if-you-claimed-the-earned-income-tax-credit-or-additional-child-tax-credit

As always, feel free to reach out if you have questions. Stay warm out there!

02/14/2026

The average refund in 2025 was $2,939, IRS data showed. This year, refunds could be as much as 30% more due to new provisions from President Donald Trump’s mega tax and spending bill, according to James Knightley, chief international economist at Dutch bank ING.”

CBS News: “Many Americans could see heftier tax refunds next year when they file their 2025 tax returns, largely due to new provisions enacted through the Republicans’ ‘one big, beautiful bill’ act that are retroactive to the start of the current year, according to an analysis from Oxford Economics. Total taxpayer savings could amount to an additional $50 billion through bigger tax refunds or a cut in their 2026 taxes…A $50 billion boost in tax refunds would represent an 18% increase from the $275 billion in refunds the IRS sent this year to nearly 94 million taxpayers who overpaid on their 2024 federal tax returns.”

The Wall Street Journal: “Refunds on average are expected to come in $1,000 higher than usual this year, according to a study by investment firm Piper Sandler.”

Business Insider: “The Tax Foundation estimates that the average tax refund will grow from $3,052 in 2024 to $3,800 for tax year 2025. Depending on your income and circumstances, you might get even more back.”

CNBC: “Tax experts and analysts have agreed that many filers will see bigger refunds… ‘Overall, we’re expecting these changes to increase refunds by 15% to 20% on average,’ Heather Berger, a U.S. economist with Morgan Stanley said…”

As tax season kicks off, millions of Americans are poised to receive significantly larger tax refunds thanks to President Donald J. Trump’s landmark

02/02/2026

The provides updated inflation adjustments, including standard deduction increases for tax year 2025, reflecting changes from the One, Big, Beautiful Bill. These updated amounts may affect how much income is subject to tax when you file this year. Learn more: https://ow.ly/WL9250XWo6J

02/08/2025

Tackling taxes alone? Don't end up looking like a confused emoji come to life. We’ve got you covered!

No babies were hurt in the making of this post.

01/09/2025

📢 Pre-Tax Season Specials Are Here! 📢
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Hurry! Offer expires January 31, 2025.
👉 Must pay within 24 hours of your consultation to lock in your savings!

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✅ Visit facebook.com/fumagallitax
📞 Or call us at (323) 366-0062

Start your tax season stress-free and save! 🕒💼

Offer valid for personal or business tax returns. Payment required within 24 hours of consultation to qualify for discounted rates.

02/20/2024

05/15/2023

Convert your irs.gov login into an id.me one today!!!!!!

Pay your taxes. Get your refund status. Find IRS forms and answers to tax questions. We help you understand and meet your federal tax responsibilities.

04/18/2023

Today is Tax Day!!!!! Last day to file Returns or Extensions for the 2022 season!

02/19/2023

I've actually seen single filers with no dependents receive their refund in a week! HOH with dependents' refunds have been received less than two weeks. In the past, those took 3 weeks minimum.

Early tax refunds aren't as generous as they were a year ago. The average refund is down 14% for the first three weeks, compared with last year.

02/09/2023

E-File and direct deposit go together like peanut butter and jelly. Combining direct deposit with electronic filing is the fastest and easiest way to receive your refund. Visit www.irs.gov/directdeposit for more information.