IRS is phasing out paper checks: Update your tax return with bank details to avoid refund delays

KEY TAKEAWAY The IRS is moving away from paper refund checks this year, and is asking all taxpayers to include their direct deposit information on their 2025 tax returns.Taxpayers who don't include ...

The I.R.S. Is Phasing Out Paper Checks. Here’s How to Speed Your Refund.

President Trump has directed that most federal payments be issued electronically, including tax refunds. Last year nearly 10 million people got their refund via a paper check.

New IRS form Schedule 1‑A required to claim 2025 tax breaks

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest and seniors. What is ...

New IRS form Schedule 1‑A unlocks 4 major tax deductions for 2025

Millions of taxpayers are using a new IRS form to claim deductions for tips, overtime, car loan interest, and seniors. What is Schedule 1-A?