Now to everyone's favorite topic, the upcoming start of the tax season and the new push to make it easier on filers to submit those forms. Alexis Cristophe has joined us now with what's new from the IRS this year. Give us some good news, Alexis.

I'm going to try, Rhiannan. Good morning, everybody. The IRS is officially accepting tax returns on Monday, and it's using some of that $80 billion it's getting from Congress to make filing a little less, well, taxing. It's encouraging taxpayers to create a free individual online account at irs. Gov. This lets you access balance and payment options. You can view your filing history, even file for an income tax extension. Instead of calling its toll-free number, the IRS hopes you'll use its online interactive tax assistant to answer questions like whether you qualify for a tax credit or a deduction. The IRS is launching its very own tax filing service. It's called Direct File, meant to be an alternative to turbo tax. An H&R block, it lets you file directly with the IRS online for free. But most taxpayers won't be able to use it this year. It's only available to a small number of filers in a dozen states. You can keep better track of the status of your tax refund by using the Where'sMyRefund tool at irs. Gov. And this year, here's the good news. Those refunds are expected to be about 10% larger than last year, thanks to the IRS raising its tax brackets to account for inflation.

The average refund, get this, estimated to be a little less than $3,500. Who doesn't want a little extra change in their pocket? I'm going to be back tomorrow with some more tips to save time and money when filing your taxes this year. Guys.

The problem with that Where's My Refund tool, you start getting obsessed with it, and you start going every single day. That's what I did last year. Thank you, Alexis. Got to track it. Where's My Refund? Got to track it.

Thank you, Alexis.

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