Recent IRS layoffs are the latest federal cuts, but will they impact when you get your tax refund? Yes, they might. Here's what we know.

Taxpayers with overdue federal student loan payments, or other federal debts owed to government agencies, may also have their tax refunds reduced by their owed amounts. Those who owe money in state taxes could see their federal refunds reduced or wiped out in order to pay off their state-level debts.