February means tax season is upon us—instead of throwing your W-2 in a box until April, there are some definite benefits to filing your taxes early.
"The benefit of getting taxes done early is that you will know exactly where you're at, you'll know your anticipated refund and you can get your money back more quickly. If you think you might owe them come see us and get your return done early because possibly you could take steps to minimize the amount due or you might surprise yourself and actually get a refund," said Timothy Ness with Ness Tax Service in Sioux Falls.
Several early filers have already received their tax refunds in the mail. The IRS says most Americans should receive their refund checks within 21 days of filing taxes.
But if you're still busy collecting all of your receipts before filing, there are a few new apps that can help you predict your refund by answer a few basic questions.
The Tax Caster App by Turbo Tax helps you get a quick estimate on your federal refund anytime on your smart phone.
H & R Block also has an app to help you estimate your federal refund, provide a document checklist while you're getting ready to file and answer some common questions.
There's even an app to help you file your taxes on the go. Turbo Tax has a free app to download called Snap Tax. The app allows you to take a picture of your W-2, answer a few questions, review the report and then actually file your taxes right from your smart phone. This app does have a $14.99 fee for filing taxes.
Once you've filed your taxes, there are also some apps to help you track your refund. The My Tax Refund App by Turbo Tax and the IRS 2 Go app allow you to track the status of your filing and refund. The IRS 2 Go app also allows you to look at your tax history and helps you connect to the IRS through social media.