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.
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IRS is phasing out paper checks: How to set up direct deposit and get your refund faster
The IRS is phasing out paper checks for tax refunds. Learn the benefits of direct deposit and follow our simple, step-by-step ...
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 ...
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