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Stock impact report

Am I getting a large tax refund? Trump administration says 'extra $1,000' [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
White House Press Secretary Karoline Leavitt told reporters that the upcoming tax refund season is "projected to be the largest ever," during a press briefing on Thursday, Dec. 11 Leavitt cited a recent analysis from the investment bank and financial services firm Piper Sandler "When Americans file their taxes early next year, their refunds could be about one-third larger than usual, or roughly an extra $1,000 per filer," Leavitt said. But the refund won't affect all Americans the same. Piper Sandler reported the average payment is set to increase by about $1,000 per filer. Leavitt pointed to President Donald Trump's " One Big Beautiful Bill Act " to explain this increase. The legislation enacted new tax breaks retroactive to 2025, including no tax on some overtime and tipped income, according to CBS News More: How will no tax on overtime work? Here's what Trump's BBB means for your paycheck, taxes The bill also raised the cap on state and local tax deduction from $10,0 Show less Read more
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