Summary
The IRS has updated its guidelines for tax payments as the U.S. government plans to stop using paper checks by September 30, 2025. This change, directed by an executive order from President Donald Trump, will involve using electronic payment methods like direct deposit and prepaid cards. Despite the push for electronic payments, paper checks will still be accepted for tax payments but in limited circumstances.
Key Facts
- The IRS will stop using paper checks for government payments after September 30, 2025.
- The change is part of Executive Order 14247, signed by President Donald Trump.
- This order aims to reduce costs, delays, and fraud risks associated with paper checks.
- Taxpayers are urged to use electronic payment options, although paper checks are still allowed.
- Tax refund payments will mostly be sent electronically via direct deposit.
- Special provisions exist for those without bank accounts, allowing for alternative electronic payments like prepaid cards.
- The deadline for filing 2025 taxes is April 15, unless an extension is granted.
