The Internal Revenue Service (IRS) will begin phasing out paper tax refund checks for taxpayers starting Tuesday, Sept. 30, marking a major shift toward electronic payments, the IRS said in a news ...

Federal income tax refunds will be distributed by direct deposits into bank accounts, prepaid debit cards or other electronic means.

Tax incentives that have saved U.S. residents thousands of dollars on upgrades, clean energy installations and electric ...

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.