3 Tax Changes Taking Effect in 2026 — and What They Mean for Your Refund

When you file your tax returns this year, you may see larger refunds than usual due to the One Big Beautiful Bill Act, which reduced individual income taxes for 2025 by an estimated $129 billion, according to the Tax Foundation. Read More: I’m an Accountant — 6 ‘Big Beautiful Bill’ Tax Changes That Will Benefit the Middle Class Check Out: 5 Low-Effort Ways To Make Passive Income (You Can Start This Week) So here are three tax changes taking effect this year and what they mean for your tax refund. Higher ...