With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.

Tax season is officially underway. Here’s what you need to know about filing your return and tracking your refund from the IRS.

It depends on how you file your taxes and how you choose to receive your refund. If you file electronically and your return is accurate and complete, the IRS says it should take less than three weeks to receive your refund and even less time if you choose direct deposit.

Direct File allows some taxpayers to file their returns online directly with the IRS for no cost and is available to about half the country.

The recently ordered hiring freeze at the IRS might have you worried about what will happen to your tax return. This filing method will speed up the process.

If a taxpayer misses the filing deadline, the IRS may impose significant penalties (up to 25% of the amount of the foreign gift or inheritance received).

The EITC is “one of the federal government’s largest refundable tax credits for low- to moderate-income families,’ the release explains. The IRS estimates that about 23 million eligible workers and families received about $57 billion in EITC nationwide when filing for 2023.

When will I receive my refund? If you file your tax return electronically, the IRS says it should take 21 days or less to receive your refund. If you choose to receive your refund with direct deposit,