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 ...
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 ...
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 ...
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