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IRS Moves Toward All-Electronic Refunds: What You Need to Know
Your tax refund will no longer arrive by paper check. The IRS recently announced that it will stop issuing paper checks, with limited exceptions, and will require taxpayers to receive refunds electronically. Why the change? Paper checks cost more, create security risks, and take much longer to process. In addition, the Trump administration directed all federal agencies to eliminate paper check payments. What stays the same? The IRS has not changed the process for filing your
Jan 141 min read
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