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Create an IRS Account This Tax Season to Save Yourself Time and Trouble

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Tax season is upon us -- the IRS started accepting returns on Monday, Jan. 27, and if you file early, you could get your tax refund by the end of February. Before you grab your W-2 and fire up our favorite tax software, there's one step you should consider first -- creating an online IRS account.
The article from CNET discusses the benefits of creating an IRS online account for managing tax-related activities more efficiently. It highlights that having an IRS account allows individuals to view their tax records, make payments, and see any outstanding tax issues directly from their computer or mobile device. The process involves setting up an account with a secure login, which requires personal information for verification. This account provides access to tools like the IRS's "Get Transcript" service, which can be crucial for financial planning or loan applications. Additionally, it simplifies the process of checking the status of refunds, making estimated tax payments, or setting up payment plans if you owe taxes. The article also notes that while setting up an account might take some time initially, it ultimately saves time and reduces the hassle during tax season by providing a centralized platform for all IRS interactions.

Read the Full CNET Article at:
[ https://www.cnet.com/personal-finance/taxes/create-an-irs-account-this-tax-season-to-save-yourself-time-and-trouble/ ]