The day before Tax Day, April 15, is the day for taxpayers to file their taxes. E-filing is more accurate than traditional methods, with direct deposit being the fastest way to receive a refund. Experts also suggest that if you choose the standard deduction, it will be $15,750 for single filers and $23,625 for heads of household. The State and Local Tax deduction has also increased to $40,000, up from $10,000.