On March 25, 2025, Executive Order 14247 was issued, requiring that all federal payments, including tax payments to the IRS, be made via electronic funds transfer (EFT). This mandate is part of a ...
The Internal Revenue Service posted a fact sheet Tuesday in the form of answers to frequently asked questions about its move away from paper checks to electronic payments for taxes and tax refunds.
In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.
Maybe you filed your tax return weeks ago and, frankly, already spent that tax refund cash. Or you're dragging your feet and dreading that you owe money, maybe lots of money. Or you just cannot seem ...