It's Tax Day. Here's how big the average tax refund is in 2026. [CBS News]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: CBS News
"Aggregate refunds are up, average refunds are up, and clearly millions, if not tens of millions, of taxpayers are claiming one of the new deductions" under the "One Big Beautiful Bill Act" enacted last year, Andrew Lautz, director of tax policy for the Bipartisan Policy Center, a nonpartisan think tank, told CBS News. Deductions reduce a person's taxable income, which typically means they end up owing less to the IRS. Lautz said the think tank is seeing many people take advantage of changes eliminating federal income taxes on tips and overtime. According to a March survey of 1,200 taxpayers by the Bipartisan Policy Center, about a third of respondents said they received tipped income, overtime pay or both. How many people get refunds Last year, 104 million taxpayers, or 63% of filers, received refunds, according to the IRS. So far this year, nearly 70 million filers have received tax returns, agency data shows . Refunds will continue going out after Tax Day, but Lautz said h
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PIPR
Earnings
- 2/6/26 - Beat
PIPR
Sec Filings
- 4/9/26 - Form DEFA14A
- 4/9/26 - Form DEFA14A
- 4/9/26 - Form DEF
- PIPR's page on the SEC website