IRS “Get Ready” Guide

5 Steps to Prepare for the 2026 Tax Filing Season

With the new year fast approaching, the IRS is officially launching its “Get Ready” Guide.  Preparing for your 2026 tax filing season now can help you avoid delays, ensure you claim every possible deduction, and get your refund faster.

This year is particularly important due to the wide-ranging updates from the One Big Beautiful Bill (OBBB), which introduces new tax-saving opportunities for tips, overtime, and more.

Here is your checklist to stay ahead of the game.

1. Create or Update Your IRS Online Account

The most powerful tool at your disposal is an IRS Online Account. If you haven’t logged in recently, now is the time to ensure your access is active.

With an IRS account, you can:

  • View your Adjusted Gross Income (AGI) from previous years (needed for e-filing).

  • Access digital transcripts and tax records.

  • View and edit communication preferences (including Braille and large print).

  • Get your Identity Protection PIN (IP PIN) to prevent tax-related identity theft.

  • Authorize a tax professional to represent you digitally.

2. Understand New Deductions (The “One Big Beautiful Bill” Effect)

The 2026 filing season will be the first time many taxpayers can take advantage of the sweeping changes in the OBBB. The IRS has highlighted several new or expanded areas:

  • Tips & Overtime: New rules may affect how these are taxed or deducted.

  • Car Loan Interest: Expanded deductions for certain vehicle owners.

  • Senior Tax Benefits: Improved credits and deductions specifically for older Americans.

  • Direct Primary Care: As mentioned in previous updates, your DPC fees may now be HSA-compatible.

3. Organize Your Income Records

Most income is taxable, and having your paperwork ready prevents the “April scramble.” Don’t forget to track:

  • Gig Economy Income: If you drive for a ride-share service or sell items online.

  • Digital Assets: Transactions involving cryptocurrency or NFTs.

  • Unemployment Compensation: This is still considered taxable income.

  • Interest & Dividends: Including any interest earned on previous tax refunds.

4. Plan for Direct Deposit

If you want your refund as quickly as possible, Direct Deposit is the gold standard. The IRS encourages taxpayers to have their bank account information ready. You can even split your refund into up to three different accounts (e.g., checking, savings, and an IRA) to automate your savings.

5. Check Your Withholding

If you had a major life change in 2025—like getting married, having a baby, or starting a new job—you should use the IRS Tax Withholding Estimator. Adjusting your withholding now can prevent a surprise bill in April.

Summary: Preparation is Key

The 2026 tax season doesn’t have to be stressful. By leveraging the IRS’s digital tools and staying informed about the “One Big Beautiful Bill” updates, you can file an accurate return and maximize your tax savings.

Next Steps: Log in to your IRS account today and start a dedicated folder (digital or physical) for your 2026 tax documents.

You can read the complete IRS News Release about these changes here.

You can file your own taxes on this website or contact Montgomery CPA PLLC to see how we can help!