In a move to enhance efficiency and security, the IRS will require taxpayers to provide banking details for direct deposit of ...

According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers already receive their refunds by direct deposit into their bank accounts,” ...

The change will take effect on Sept. 30, which is the same day that the Social Security Administration begins phasing out ...

The IRS will phase out paper refund checks starting Sept. 30, 2025. Millions of Americans must switch to direct deposit or digital options.

In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no longer issue paper refund checks. The move, the agency said, is the first ...

The IRS will phase out paper tax refund checks starting Tuesday, Sept. 30 shifting to electronic payments to improve security, speed and efficiency.

The IRS said 93% of refunds for individuals from the 2025 tax season were made via direct deposit, while only 7% were delivered by mail.