The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Thu Mar 13 2025

Daniel de Visé | Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money. Today, the latest from the IRS.

The Internal Revenue Service is facing all sorts of upheaval, including job losses, this tax season. But so far, early tax filers are seeing a steady stream of tax refunds hitting their bank accounts and mailboxes, Susan Tompor reports.

A return-to-office snag

The tax agency ordered most of its approximately 20,000 customer service employees back to the office this week, ending a long era of hybrid and remote work, right in the middle of tax season.

There was just one problem: The IRS didn't have enough desks to seat them all.

Inflation cools

Inflation eased more than expected in February, Paul Davidson reports, but the reprieve probably will be short-lived.

Used car prices rose. Gasoline costs fell. Grocery prices were flat, after a flurry of increases, and rent increases slowed to a new three-year low.

Here's why economists expect prices to heat up again soon.

📰 More stories you shouldn't miss 📰

•	The hidden costs of car ownership
•	Lowering the temperature on tariffs
•	The shocking truth about inheritance
•	Who decides when we're in a recession?
•	Would taxing the rich fix Social Security?

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.