Did you hear? Big changes have come to how taxpayers interact with the IRS this upcoming tax season. As of September 30, 2025, the IRS will no longer accept or issue paper checks for most federal tax payments and refunds. This shift is part of a broader modernization effort aimed at improving efficiency, reducing fraud, and speeding up processing times.
Why the Change?
Paper checks are more prone to being lost, stolen, or delayed. By switching to electronic payments, the IRS aims to:
- Protect taxpayers from fraud and delivery issues
- Speed up refunds
- Reduce costs associated with paper processing
What Are Your Alternatives?
If you’ve traditionally paid taxes or received refunds via paper check, here are your new options:
- IRS Direct Pay: A secure way to pay directly from your bank account. More information can be found on the IRS website.
- Electronic Federal Tax Payment System (EFTPS): Ideal for businesses and trusts; requires an enrollment process. Additional information on how to enroll can be found on the EFTPS website.
- Direct Deposit: For refunds, simply provide your bank account and routing number when filing.
What Should You Do Now?
- Review your current payment and refund methods.
- Set up electronic payment options.
- Ensure your banking information is accurate and accessible.
- Consult your McKinley Carter financial advisor or tax professional if you need help transitioning.
While change can be difficult, this move is aimed at making the tax process safer and more efficient for everyone. If you need help updating your payment preferences or understanding what this change means for you, our team is ready to help.