As tax season approaches, many Americans eagerly anticipate their IRS Tax Refund, a financial boost that can enhance their household budget. By following key strategies, you can expedite the process and enjoy your refund sooner.

There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the refund has been sent, it could be up to 5 days before the money shows up in your bank account or a few weeks before your check has been received.

According to the IRS, the fastest way to get your tax refund is to have it electronically deposited free of charge into your bank account through direct deposit. Taxpayers can use it to deposit their refunds in up to three accounts.