Filing taxes as early as possible is highly recommended. Doing so not only speeds up the refund process but also reduces the risk of missing the deadline. Missing the tax deadline can result in serious consequences, including financial penalties and accrued interest on any unpaid taxes. Additionally, early filers have a better chance of identifying potential errors and resolving them before the rush of tax season intensifies.
Avoid calling the IRS on president’s day weekend
Taxpayers who need assistance from the IRS should avoid calling over Presidents Day weekend. The IRS has noted that this is one of the busiest periods for inquiries, leading to long wait times. IRS data indicates that calls to their phone lines peak during this time, with many taxpayers experiencing extended hold times or difficulty getting through to a representative. Those attempting to call on February 15 or 16 should be prepared for significant delays.
For faster service, the IRS recommends waiting until after the weekend of February 17 to contact them with questions or concerns.
Use online resources instead
To bypass long wait times, the IRS urges taxpayers to utilize their online self-service tools, which provide immediate assistance and answers to frequently asked questions. Some of the most useful online tools include:
- The Let Us Help You Page – A comprehensive resource addressing common tax-related questions.
- Interactive Tax Assistant (ITA) – A tool that provides customized tax guidance based on the filer’s input.
- IRS Free File – A free filing option for eligible taxpayers that simplifies the electronic submission process.
- Step-by-step assistance – An online guide designed to help individuals complete and submit their federal tax returns correctly.
By using these digital resources, taxpayers can avoid unnecessary stress and delays.
Maximize filing efficiency
Taxpayers may also be eligible for one-time payments from a $14.95 million filing settlement. The IRS has outlined three ways individuals can claim these funds, depending on their specific eligibility requirements. Filing correctly and on time ensures that taxpayers don’t miss out on available financial opportunities.
Smart tools for a smooth filing experience
The IRS strongly advises taxpayers to file electronically and select direct deposit to receive refunds faster and with fewer issues. Filing electronically is the preferred method for most Americans, with IRS data showing that at least 93% of taxpayers already use e-filing services.
Key reasons to file electronically and opt for direct deposit include:
- Faster processing – Electronic returns are processed more quickly than paper filings.
- Fewer errors – E-filing reduces the risk of mistakes compared to manual paper submissions.
- More secure refunds – Paper refund checks are 16 times more likely to be lost, stolen, or misplaced.
While third-party services like TurboTax and H&R Block are popular options, they often charge fees. The IRS offers several free e-filing options, including:
- IRS Free File – A free service for qualifying taxpayers.
- IRS Direct File – A new, streamlined e-filing system.
- Volunteer Income Tax Assistance (VITA) – Free tax preparation services for low-to-moderate-income individuals.
- Tax Counseling for the Elderly (TCE) – Assistance for seniors needing help with tax filings.
Key IRS filing tips for President’s day weekend
To minimize delays and ensure a smooth tax filing process, the IRS provides the following recommendations:
- Use self-service options to get immediate answers to tax-related questions.
- Visit the IRS help page for a step-by-step guide to filing taxes correctly.
- File electronically and opt for direct deposit to expedite refund processing.
- Create an Individual Online Account to track tax records and filings.
- Use the Where’s My Refund? tool to check the status of your refund.
- Take advantage of the Interactive Tax Assistant to receive customized tax advice.
- Check eligibility for the Earned Income Tax Credit (EITC) to maximize refunds.
- Use the Tax Withholding Estimator to adjust tax withholdings and avoid future penalties.
New IRS direct file option
The IRS has introduced a Direct File option, now available in 25 states. This new feature provides taxpayers with a free and simplified way to file their taxes electronically. Taxpayers who opt for Direct File must have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) to create an online account.
Tracking your refund
Taxpayers eager to check the status of their refund can use the Where’s My Refund? tool on the IRS website. This tool provides real-time updates and allows taxpayers to track the progress of their return. Notifications can be sent via email or text, keeping filers informed throughout the process.
Optimize Your Tax Return
To ensure the best possible tax outcome, taxpayers should:
- Create a tax filing checklist to confirm all required forms and deductions are included.
- Use the Earned Income Tax Credit Assistant to verify eligibility for additional tax credits.
- Take advantage of the Tax Withholding Estimator to prevent underpayment penalties.
- Adjust tax withholdings early to avoid owing money unexpectedly next year.
- Plan ahead for the spring 2026 tax season by making necessary changes now.
Extra refunds and special IRS payments
Many taxpayers are unaware that they may be eligible for extra refunds of up to $5,000 due to overlooked filing options. A tax expert recently revealed that numerous Americans miss out on significant refund opportunities because they fail to claim available deductions and credits.
Additionally, the IRS recently distributed $1,400 special payments to nearly one million Americans as part of a recovery rebate program. These payments were designed to provide financial relief to eligible individuals who may have missed prior stimulus benefits.
By following these essential tax filing tips, taxpayers can navigate the season with ease, avoid unnecessary delays, and maximize their refunds.
