The era of paper tax refund checks is ending. The IRS is moving to an all-electronic system. Learn why direct deposit is now essential and how to set it up.

Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

Hold off on that purchase! Online rumors of new stimulus checks by year’s end are swirling, but Congress has not approved any new payments, and the IRS has not confirmed checks in the coming weeks.

No new stimulus checks are approved, and the IRS has not confirmed December payments. The last official relief was $1,400 credits tied to 2021 returns, with deadlines now passed. Trump’s proposed ...