09/26/2025
News Alert!!!!!
IRS Guidance on Phasing Out of Paper Checks
• On Sept. 15, 2025, the The IRS, under Executive Order 14247, will
begin phasing out paper refund checks for individual taxpayers as
of September 30, 2025.
• After that date, refunds will generally be required to be delivered
electronically (e.g., direct deposit) unless restricted by law or
special circumstances.
• The change is intended to:
1. Reduce the risk of lost, stolen, delayed, or altered paper
checks
2. Speed delivery of refunds to taxpayers
3. Lower administrative costs for the IRS
• For taxpayers who lack bank accounts or face obstacles to
electronic payments, the IRS is committed to providing
alternatives, such as prepaid debit cards or digital wallets,
ensuring that all taxpayers are catered for.
• For now, the existing filing and payment procedures remain in
place. However, the IRS is dedicated to issuing detailed guidance
before the 2026 filing season, ensuring that tax professionals are
well-informed and prepared for the changes.
Source: NATP News Letter
