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 ...
Paper checks are rapidly losing their place at the center of American finance, pushed aside by faster, cheaper and more ...
First the penny. Next, paper checks? When the US Mint stopped making pennies last month for the first time in 238 years, it drew a lot of attention. But there have been quiet moves to stop using paper ...
Get the latest federal technology news delivered to your inbox. The IRS announced Tuesday that it will start phasing out paper checks for tax refunds in one week under a March executive order to move ...
Paper checks were already dying a slow death. President Donald Trump on March 25 signed an executive order mandating that all federal departments and agencies end their use of paper checks and switch ...
An executive order from President Trump will require government agencies to make electronic payments for tax refunds, Social Security and other benefits as of Sept. 30. By Ann Carrns Paper checks ...
The Trump administration will soon stop sending out paper checks for Social Security beneficiaries, as part of an effort to fully modernize federal benefits payments. That means a little over half a ...
Social Security checks are going paperless starting Tuesday, Sept. 30. Because of an executive order issued in March 2025, federal benefit payments will primarily be issued electronically, with paper ...
In an era of instant digital transactions, healthcare's continued reliance on paper checks isn't just outdated — it's financially reckless. While consumers tap phones to pay for coffee and businesses ...
The IRS announced Tuesday that it will start phasing out paper checks for tax refunds in one week under a March executive order to move the federal government away from physical payments. The federal ...