More money could be on your 2026 tax returns
Share and Follow


CHAMPAIGN, Ill. (WCIA) — Amid rising concerns over inflation and the cost of living, there might be potential relief on the horizon for your 2026 tax return.

Piper Sandler, a financial services firm, anticipates that the average taxpayer could see an increase of about $1,000 in their return. This boost is partly due to new legislation that exempts taxes on tips and certain overtime earnings, according to tax experts like Eric Chaney from Jackson Hewitt.

Share and Follow
You May Also Like

Trump Administration’s Unexpected Praise: A Rare ‘Thank You’ to the Media

Following last weekend’s U.S. military operation in Venezuela, the Trump administration did…

Legal Battle Over ‘Alligator Alcatraz’ Access Ends in Defeat: Court Rejects Lawsuit

TALLAHASSEE, Fla. – A Leon County circuit judge has dismissed a lawsuit…

Indiana Congressman Jim Baird on the Road to Recovery After Car Accident, Office Confirms

Indiana Congressman Jim Baird is on the road to recovery following a…

Faustin Archange Touadéra Secures Re-election in Central African Republic: Provisional Results Confirm Victory

BANGUI-MOTABA – In a significant political development, Central African Republic President Faustin…

Capitol Divides Again as January 6 Anniversary Marks Five Years

WASHINGTON – Five years ago, a pivotal moment unfolded in American history…

Discover the Standout Tech Innovations Unveiled on Day One of CES

LAS VEGAS – On the opening day of CES 2026, the spotlight…

US Updates Pediatric Vaccine Guidelines: What Parents Need to Know About the New Recommendations

Immunization graphic (Copyright 2025 by KPRC Click2Houston – All rights reserved.) WASHINGTON…

Texas Overtakes Florida as the New Lightning Capital of the U.S.

ORLANDO, Fla. – In a notable shift, Florida no longer holds the…