Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
IRS Is Pulling the Plug on Paper Checks
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe16 SEP 2025 / IRS UPDATES
President Trump has signed an executive order to eliminate paper checks from the government payment system by September 30, 2025, in response to a wave of USPS worker-involved fraud. The decision comes amid increasing fraud cases involving tens of millions of dollars and the theft of paper checks being 16 times more likely than electronic transfers. The changes mean refunds and payments will require a U.S. bank account, credit union account, or approved digital option.
A few months back, we reported on a USPS worker in D.C. who pocketed nearly $1.6 million in stolen IRS refund checks. That wasn’t a one-off. Between 2024 and 2025, at least 20 postal employees across the country have been charged with mail fraud and check...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
Transforming Finance & Accounting Operations for Enterprises!
We help 100+ clients streamline F&A operations with our full-suite outsourcing services-eliminating the need for in-house teams. Partner with us for Top-tier finance & accounting talent, Cutting-edge technology, and World-class infrastructure.
Our Full-Suite F&A Services Include:
We collaborate with CPA and accounting firms to drive real business value.
Schedule a no-obligation discovery callYou’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1786548301.webp)
