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 ...
Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to spur direct deposit.
No one is out to get you, even if you feel that way. Under President Joe Biden, the IRS targeted wealthy households and brought in more than $1.3 billion in overdue taxes over the course of about a ...
From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some ...
The Internal Revenue Service is officially starting its transition away from paper tax refund checks today, Tuesday, Sept. 30. The change, required by an executive order issued in March, is aimed at ...
Explore what the IRS shutdown means for taxpayers, including the agency's plans and funding from the Inflation Reduction Act.
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 ...
The IRS would use money from the Inflation Reduction Act to keep the agency’s over 74,000 employees working for the first five days of a potential government shutdown.
'He has only been able to make about $10,000 a year in menial jobs' "He's been sober for about 3 years. Before that he was an alcoholic for about 40 years." (Photo subject is a model.) ...
New York Governor Kathy Hochul is warning the public against scams in connection to the state’s inflation refund checks.
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IRS to eliminate paper tax refund checks starting 2026 tax filing season
Beginning on Sept. 30, 2025, paper tax refund checks will be phased out of use, as required by Executive Order 14247. This change is the first step in the IRS and the U.S Department of the Treasury’s ...
The Internal Revenue Service is making a major change in how it issues refunds. In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will ...
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