Major Update: The IRS is Phasing Out Paper Checks

Get ready for a big change! To boost security and efficiency, the IRS is discontinuing most paper checks for federal tax refunds and payments after September 30, 2025. This is a major step toward modernizing the U.S. financial system and will affect how you receive money from the IRS and how you pay them.
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​Why the Change?​
This shift is part of a broader federal initiative to streamline transactions, lower costs, and reduce fraud.
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​Faster Access: Electronic refunds arrive in your account much faster—often in just a few weeks.
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​Enhanced Security: There is less risk of losing a check in the mail or having it stolen, and you can keep track of your money electronically. 🔒
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​Government Efficiency: This move will save taxpayer dollars by reducing the massive costs associated with printing and mailing millions of checks.
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​How to Get Your IRS Refund Electronically​
After the September 30 deadline, you'll need to choose an electronic method to receive any future tax refunds. The two most common and secure options are:
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​1. Direct Deposit (Recommended)​
This is the fastest and most secure way to get your money. You can have your refund deposited directly into one, two, or even three different accounts. This works for checking, savings, or even certain prepaid debit cards.
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​How to set it up: You'll simply provide your bank's routing and account numbers when you file your tax return.
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​2. Prepaid Debit Card​
If you don't have a traditional bank account, some tax preparation services or financial institutions offer FDIC-insured prepaid debit cards that can accept direct deposits. These cards function similarly to a regular bank debit card.
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​How to get one: You can typically get a prepaid card from a retailer or through a bank, and then use its routing and account numbers to set up direct deposit.
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​How to Make Electronic Payments to the IRS​
The IRS also strongly prefers receiving payments electronically. It's immediate, secure, and you receive an instant confirmation. Here are the most popular options for paying estimated taxes or a balance due:
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​1. IRS Direct Pay​
This is a free service that allows you to pay directly from your checking or savings account. You can make payments online and receive immediate confirmation. It's a great choice for one-time payments.
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​2. Electronic Federal Tax Payment System (EFTPS)​
This is a secure, free service from the U.S. Treasury. It's ideal for businesses and individuals who make frequent estimated tax payments because you can schedule payments months in advance. You must enroll in the system and receive a PIN via mail before you can use it.
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​3. Debit or Credit Card
​You can also pay your taxes using a credit or debit card through an authorized payment processor. Be aware that these processors typically charge a convenience fee for their service.
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​We're Here to Help!​
Navigating these changes can be tricky, but we're here to make the transition as smooth as possible. We can help you:
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*Confirm the best electronic method for your refunds and payments.
*Assist in setting up direct deposit.
*Answer any other questions you may have about these new procedures.
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​Action Item: Please take a moment to consider how you will handle your future tax payments and refunds. Let us know if you have any questions or need assistance!