The IRS reminds business and individual taxpayers of new tax law provisions of the One, Big, Beautiful Bill that could impact federal taxes, credits and deductions. Taxpayers should take steps now to prepare for filing taxes and receiving tax refunds by direct deposit, as paper checks are on the way out soon:
- Create or access your Business Tax Account or Individual Online Account
- Business and Individual Taxpayers must provide banking info to receive refunds by direct deposit.
More information on how to prepare can be found in IRS Tax Tip, Next steps to Get Ready for 2026 tax filing season.