Taxpayers in the United States should get ready for the fast-approaching 2025 tax season. The IRS strongly recommends following a few key reminders and making use of its online tools. In this way, your 2024 tax return will be more accurate, there will be no mistakes and you could enjoy your tax return faster than if you file one that is inaccurate or incomplete.
Internal Revenue Service’s aim is to make the tax filing season more accessible for all taxpayers. One of the things taxpayers need to do is review withholding. This is essential when it comes to preparing for the new filing tax season. If you are a new taxpayer, you should also sign up for an IRS Online Account as well.
Why should you access an IRS online account?
If you have an IRS Online Account, you will be able to check all the tax-related information for the upcoming 2025 tax season. If you are a new user, get ready an ID photo.
If you had an IRS Online Account you could:
- check your adjusted gross income
- get an IP PIN
- request and download transcripts (wage and income records)
- sign tax forms, authorizations, powers, and so on
- edit the language
- access alternative media
- get IRS notices (up to 200)
- cancel or make payments
- change payment plans or set up a new one
IRS’ key reminders for the 2025 tax season
If you do not have a folder with all the necessary documents to file your 2024 tax return, it is time to gather them and keep them in a safe place. It would be the best way to organize all your tax documents.
- Forms W-2, Wage and Tax Statement
- income documents
If you have not reviewed your withholding recently, it is advisable to do so before 2025. Many people do not take into account life changes that could positively or negatively affect their tax refunds. Take for example getting married, divorced, or having a baby.
If what you need is a faster tax refund, the IRS recommends requesting a direct deposit. Or else, you will have to wait much longer for your paper check to come.