As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made.

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 ...

The Internal Revenue Service (IRS) is actively phasing out paper checks as part of a broad government initiative to modernize payments, making direct deposit the primary method for taxpayers to ...

Hold off on that purchase! Online rumors of new stimulus checks by year’s end are swirling, but Congress has not approved any new payments, and the IRS has not confirmed checks in the coming weeks.