The IRS is urging Americans to start preparing now for tax season.
In a memo released in late November, the Internal Revenue Service advised taxpayers to take practical steps early to organize their records and paperwork, aiming to file more quickly and accurately when the season arrives. The agency noted that well-organized tax documents help ensure complete and correct returns and can prevent delays in refunds.
This year, early planning is especially crucial due to significant changes from the new legislation. The so-called One, Big, Beautiful Bill will affect federal taxes, credits, and deductions. The IRS and Treasury are actively implementing the new provisions and will provide guidance on updated deductions, including tips that are no longer taxed, overtime pay that isn’t taxed, and car loan interest that may be deductible, as well as a temporary deduction for seniors and other groups.
Another change to expect: the method of receiving refunds may shift. By late 2025, the IRS plans to gradually phase out paper refund checks, with most refunds issued through direct deposit.
Tax returns are officially due by April 15, but it’s wise to hold off filing until all tax records are in hand to avoid missing information.
Practical steps to get ready include:
- Create or access your IRS online account to review prior filings, monitor payments, and view tax transcripts.
- Review life changes—such as a new job, marriage, a new baby, or purchasing a home—that could influence deductions, withholding, or credits.
- Set up direct deposit or verify your bank and account details.
- Consider using electronic filing (e-file) or trusted tax software or professionals once forms are prepared to speed refunds and reduce errors.
- Keep organized records for deductions, charitable gifts, education or medical expenses, and other documentation supporting credits and deductions.
- Gather essential documents, including W-2 forms from employers, 1099s from banks and other payers, and records of digital asset transactions.
Brandon Champion, reporting for MLive’s statewide trending team from Grand Rapids, covers a wide range of topics, with a focus on crime and courts in Metro Detroit, Northern Michigan, and the Upper Peninsula.
But here’s where it gets controversial: some taxpayers may worry about how these changes will alter refunds or the ease of filing. And this is the part most people miss—early preparation can dramatically reduce stress and the chance of costly mistakes. How do you feel about the new deductions and the shift toward direct deposit for refunds? Are you confident you’re ready for the 2026 tax season? Share your thoughts in the comments.
