As the IRS moves toward digital-only payments under a Trump-era executive order, taxpayers should expect changes in how refunds are issued and payments are made.
The requirement for direct deposit information in tax returns stems from the implementation of Executive Order (EO) 14247, titled Modernizing Payments To and From America’s Bank Account. Signed by ...
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 ...