WASHINGTON (TNND) — Monday marks the official start of the tax season across America.

GOP House Speaker Mike Johnson said while it tends to be "a dreaded time" for many people, he promised there will be "lots of happy surprises" this year when it comes to tax refunds.

"Thanks to our Working Families Tax Cut, tens of millions of American families are going to see bigger paychecks. They're going to see bigger tax refunds,” Johnson said during a news conference on Wednesday.

“And let me give you a couple of numbers real quick: $4,000. That's the value of the average tax refund for Americans this year," he added. "$100 billion: That's the estimated total of 2025 tax refunds for families. $10,000: The average increase in annual take home pay for working families. Think of it -- $10,000 is the average across the country."

Johnson went on to say that the Trump administration is making is all possible due to a reduction in federal taxes. Under the leadership of President Donald Trump, he said the administration made permanent the doubled standard deduction, instituted a $6,000 deduction for senior citizens, as well as included no tax on tips and no tax on overtime, among several other provisions.

"And those (are) just provisions for families," he said.

WASHINGTON, DC - JANUARY 20: U.S. President Donald Trump speaks to the media during a press briefing in the James S. Brady Press Briefing Room of the White House on January 20, 2026 in Washington, DC. White House Press Secretary Karoline Leavitt was joined by President Trump days after the president threatened a 10% import tax on goods from eight European countries that have rallied around Denmark amid Trump's calls for the U.S. to take control of Greenland, a semi-autonomous Danish territory. (Photo by Kevin Dietsch/Getty Images)

As for business and industry, Johnson said the tax season will be "a boost to their bottom lines and their ability to grow," while adding more jobs and expanding facilities.

"Our agenda supports Main Street over Wall Street. And we did that by making a 20% small business deduction permanent, doubling small business expensing to $2.5 million, providing childcare tax credits to businesses, reducing paperwork burdens by increasing the 1099 reporting threshold, expanded opportunity zones with more than $100 billion in new investments in rural distressed areas, and we raised the death tax exemption for family farms," he said.

"That's a lot of great policy -- pro-growth policy -- the American people are going to see the great benefit of," he added.

Trump previously said Americans are on track to receive the largest tax refunds in U.S. history. He said it is a direct result of his “One Big Beautiful Bill.”

“Next spring is projected to be the largest tax refund season of all time,” Trump said in December.