IRS issues a 2026 filing preparation guide urging taxpayers to review new tax law changes and use tools. The release, posted January 6, 2026, highlights key actions for the 2025 tax return. Taxpayers are encouraged to open or log into an Online Account to view information, make payments, and manage communication preferences. The IRS will phase out paper refund checks; those without a bank account should open one to receive refunds by direct deposit. New 2025 law provisions under the One, Big, Beautiful Bill introduce deductions and credits that may reduce tax bills or increase refunds, with eligibility tied to valid Social Security numbers or ITINs. Income from gig work, payment apps or sales is taxable and may trigger a Form 1099‑K if thresholds of $20,000 and 200 transactions are met. The guide urges taxpayers to gather documents, review law changes, and use resources to ensure a smoother filing experience in 2026.
https://www.irs.gov/newsroom/prepare-to-file-in-2026-get-ready-for-tax-season-with-key-updates-essential-tips
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