IRS CEO Frank Bisignano discusses Tax Day, rising refunds and 'Trump accounts' for kids IRS CEO Frank Bisignano reveals average tax refunds are up more than 11% for Tax Day 2026, with over $270 billion issued. He credits the Working Families Tax Cut Act for permanent tax cuts and reducing the tax burden. Bisignano also promotes "Trump Accounts" for children, offering a $1,000 deposit for newborns and allowing up to $5,000 in annual contributions, enrolling 5 million dependents and fostering