As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made.
Like state refunds, most federal tax refunds are issued within three weeks of electronic filing, according to the IRS.
KEY TAKEAWAY The IRS is moving away from paper refund checks this year, and is asking all taxpayers to include their direct ...
According to the agency, the change is designed to protect taxpayers since paper checks are “over 16 times more likely to be lost, stolen, altered, or delayed than electronic payments.” Direct deposit ...
The federal government is moving one step closer to getting out of the business of handing out paper checks, effective Sept. 30. On March 25, President Donald Trump signed an executive order to put a ...
Bigger refunds are in store this year, but those who want checks will have to wait much longer.
First the penny. Next, paper checks? When the US Mint stopped making pennies last month for the first time in 238 years, it drew a lot of attention. But there have been quiet moves to stop using paper ...
The federal government is moving one step closer to getting out of the business of handing out paper checks, effective Sept. 30. On March 25, President Donald Trump signed an executive order to put a ...