All articles tagged with #irs data
The IRS reports the average 2026 tax refund is $3,462, up 11% from 2025, helped by new deductions from the One Big Beautiful Bill Act; about 70 million filers have already received refunds, with many using the money to cut debt or save, while higher gas prices may influence overall spending.
Warren Buffett reportedly traded stocks in his personal account that his conglomerate Berkshire Hathaway was buying and selling, according to leaked IRS data. The nonprofit news outlet ProPublica alleged that Buffett traded shares in his private account in the same quarter or the quarter before Berkshire bought or sold the same stocks, including Wells Fargo, Johnson & Johnson, and Walmart. Buffett has previously acknowledged having a personal account separate from Berkshire's equity portfolio and has stated that he tries to avoid investments that could conflict with the company. Berkshire Hathaway has not yet commented on the allegations.