Additional Guidance from IRS on Electronic Payments
The IRS just released additional guidance on how individuals and businesses need to make payments and receive refunds
If you’ve been clinging to the nostalgic feel of a paper IRS refund check or the familiar interface of EFTPS, it’s time for a deep breath and a digital upgrade. The IRS recently dropped significant updates to Fact Sheet 2026-02, detailing how they are moving full-steam ahead with Executive Order 14247 to modernize payments.
In short: The “check is in the mail” era is officially sunsetting. Here is what you need to know to stay compliant and keep your (or your clients’) money moving.
The End of the Paper Refund
The IRS essentially stopped issuing paper refund checks for individuals back in September 2025. While there are very narrow exceptions for legal requirements or extreme hardship, the default is now exclusively electronic.
What happens if you leave the banking info blank?
