The IRS has officially announced that the tax filing season for 2026 will begin on January 26, allowing taxpayers to file their 2025 returns. Significant tax law changes are set to take effect, potentially impacting refunds and take-home pay for many Americans. Notably, 2026 tax brackets may offer a slightly bigger paycheck, and new deductions could benefit seniors and parents. Taxpayers are urged to prepare early and familiarize themselves with key changes to maximize their refunds this year. As inflation remains a concern, some Iowans could see their largest federal tax refunds in history. The IRS emphasizes that understanding these updates is critical as the season approaches.