As the tax season kicks off, taxpayers are urged to be aware of significant changes and new opportunities for filing their returns this year. Expectations of average refunds increasing by as much as $1,000 have been echoed by various sources, with new credits and deductions introduced under recent tax reform policies. However, financial experts caution that while many Americans may experience larger tax refunds, this could be short-lived, particularly for higher-income earners. The IRS has announced several changes, including revised tax brackets and filing procedures, which could affect take-home pay and refund amounts. Given these developments, taxpayers are encouraged to seek professional guidance, especially as new laws like the One Big Beautiful Bill influence the upcoming tax landscape. Key deadlines for filing and navigating the complexities of the 2026 tax code are also crucial points of focus as the season progresses.