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Stock impact report

IRS Expects 'Gigantic' Tax Refunds for Americans [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
When they do, it sounds like many Americans could be in for a pleasant surprise. Over the past few weeks, Treasury Secretary Scott Bessent, who also serves as the acting director of the Internal Revenue Service (IRS), has been sharing that many Americans should expect "gigantic" and "very large" refunds this year as a result of some significant rewrites to the tax law in the United States. Back in July, the One, Big, Beautiful Bill Act (OBBB) was signed into law, bringing several high-profile changes to the tax code that offer tax relief across a broad range of categories. These changes are expected to impact nearly everyone who will file taxes this year. The changes include several high-profile new tax deductions , including an increase in the standard deduction, no tax on tips, no tax on overtime, no tax on new car interest, and additional tax deductions for seniors. These changes are expected to cut taxes for many individuals throughout the United States, particularly in th Show less Read more
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