The change, required by an executive order issued in March, is aimed at improving security, speeding up refunds and cutting costs, the IRS said. Paper checks are more than 16 times as likely to be ...
Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.
Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to ...
The Internal Revenue Service has announced that an executive order by President Donald Trump will change how folks will be getting their tax refund checks in the upcoming year. In a recently issued ...
Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...
IRS makes major change in how you will get your tax refund Sep. 26, 2025, 2:00 p.m. For taxpayers without access to a ...
Starting Sept. 30, both the Social Security Administration and the IRS are phasing out paper checks as part of a massive federal digitization push. Here's what you need to know.
In keeping with the new federal mandate against paper checks, the U.S. tax agency announced that as of Sept. 30, it will no ...
A 2024 study by Qualtrics found that 23% of tax filers expected to go into debt to pay their tax bill, and another 23% said they’d need to take on new debt to resolve it. In fact, IRS data shows ...
Cheating on your taxes is a form of high-stakes gambling. You might catch a break and evade suspicion, but the IRS is incentivized to go after those Americans who don’t pay what they owe — an amount ...
The Internal Revenue Service, as part of President Donald Trump’s executive order that designates English as the official language of the United States, is now considering eliminating multilingual ...