The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...
Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...
Taxpayers who did not include bank information on their tax returns to receive refunds by direct deposit may have to wait months for a paper check. On March 25, 2025, President Donald Trump signed an ...
We knew that it was coming—the IRS has officially announced that paper tax refund checks for individual taxpayers will be phased out beginning on September 30, 2025. This, the agency says, is the ...