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In this emergency headline episode of Traction with the Tiger, host and tax tiger Chris Wittich covers the IRS announcement and executive order aimed at reducing paper checks. Paper refund checks and paper payments will largely be phased out after September 30, 2025, with some exceptions. Chris explains why this change matters, how electronic payments and direct deposit refunds are faster and more secure, and why setting up an online IRS account can make tax management easier for both taxpayers and their CPAs.
By Chris WittichIn this emergency headline episode of Traction with the Tiger, host and tax tiger Chris Wittich covers the IRS announcement and executive order aimed at reducing paper checks. Paper refund checks and paper payments will largely be phased out after September 30, 2025, with some exceptions. Chris explains why this change matters, how electronic payments and direct deposit refunds are faster and more secure, and why setting up an online IRS account can make tax management easier for both taxpayers and their CPAs.