The IRS said 93% of refunds for individuals from the 2025 tax season were made via direct deposit, while only 7% were delivered by mail.
The IRS has issued a private letter ruling on Section 42(g)(1)(C), granting the the taxpayer an extension of time to make the average income minimum set-aside election for their housing ...
Federal income tax refunds will be distributed by direct deposits into bank accounts, prepaid debit cards or other electronic means.
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IRS says paper checks for tax refunds are being phased out starting next week: Here’s what to know
The agency is urging taxpayers to ‘act now’ and know their banking details. Critics have called the transition to all digital payments rushed. The Internal Revenue Service (IRS) will start phasing out ...
You don't have to pay taxes on all types of debt settlement Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three ...
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