Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to spur direct deposit.
Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order to stop paper checks.
The IRS started phasing out paper refund checks today after an executive order earlier this year from President Donald Trump.
The change, required by an executive order issued in March, is aimed at improving security, speeding up refunds and cutting costs, the IRS said. Paper checks are more than 16 times as likely to be ...
The Internal Revenue Service and U.S. Department of the Treasury have announced that paper tax refund checks for individual taxpayers will be phased out starting Sept. 30. The move comes alongside a ...
Generally, after September 30, 2025, the Treasury Department has said that all federal agencies will cease sending and receiving paper checks as a form of payment. However, there are ways to pay the ...
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