I wanted to bring to your attention to an Executive Order (EO) signed by the President earlier this year. Beginning Sept. 30, 2025, the federal government has been requested to stop issuing paper checks for tax refunds and other federal payments. It is also noted that as soon as feasible, all payment made to the government (which would include tax payments) should be processed electronically.
Please review the following highlights and recommended action items:
- Filing stays the same: Taxpayers should continue to file their returns as they normally would, using one of the existing filing options.
- Refunds go digital: Most refunds will be delivered by direct deposit or other secure electronic methods.
- Confirm your bank account information to us in a secure manner. There will be help for those without access to bank accounts, such as prepaid debit cards or digital wallets.
- Consider options available for making electronic payments to the IRS to ease the transition, but until further notice, you can continue to use existing payment options.
Let us help you.
Please contact our office today at 205-349-3580 or email info@srcocpa.com to discuss how these changes affect you. As always, planning ahead can help you maximize your financial situation and position you for greater success.