Learn why sharing your bank info with the IRS can speed up refunds and keep your 2025 tax payments secure and on schedule.

Taxpayers may continue using the existing forms and procedures for filing their taxes in the meantime, the IRS said. The move ...

The IRS refund process is undergoing significant changes under the leadership of President Donald Trump. In March 2025, Executive Order 14247, titled “Modernizing Payments to and from U.S. Bank ...

In a move to enhance efficiency and security, the IRS will require taxpayers to provide banking details for direct deposit of ...

Starting in 2025, the IRS will no longer issue paper checks for tax refunds, signaling a significant transformation in the ...

According to the IRS, the change is designed to protect taxpayers, speed up refunds and cut costs. “Most individual taxpayers already receive their refunds by direct deposit into their bank accounts,” ...

More than $9 billion in financial crime was uncovered by IRS criminal investigations in 2024, with offshore accounts starring in many of the cases. Plus, the U.S. government's reach now extends well ...

The Internal Revenue Service is no longer issuing paper tax refunds after September, according to a news release published by the department. On Sept. 23, the agency said it will transition to fully ...

If you’re planning to deposit a significant amount of cash into your bank account, there’s a specific threshold that could automatically trigger federal attention, even if everything you’re doing is ...