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Our carefully crafted blogs offer valuable insights and guidance on taxes, accounting, finance, and beyond. Stay informed with expert advice designed to help you navigate the financial world with confidence.
Big changes are coming to the way the federal government sends out money.
Under Executive Order 14247, “Modernizing Payments To and From America’s Bank Account,” the U.S. Department of the Treasury will stop issuing paper checks for most federal payments and refunds starting September 30, 2025.
This means that whether you receive a tax refund, Social Security benefits, veterans’ benefits, or other federal payments, you’ll soon need to receive them electronically.
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