IRS Update: Transition Toward Electronic Payments and Refunds

The IRS is implementing federal changes, Modernizing Payments to and From America’s Bank Account that will gradually shift tax payments and refunds away from paper checks and toward faster, more secure electronic methods.  Key Changes to Know: Paper refund checks will be phased out.After 9/30/25, the IRS will increasingly issue refunds electronically, such as direct deposit, instead of paper checks when permitted by law. This applies to both individuals and businesses. Electronic tax payments are becoming