The IRS Is Eliminating Paper Checks. Here’s What That Means for You

The IRS has officially phased out paper checks for both payments and refunds. That shift affects how business owners send money to the IRS, how refunds are issued, and what systems need to be in place to avoid delays or misapplied payments.

In this Kaizen Time conversation, Mark and Pierre walk through what’s changing, why the IRS made the move, and what business owners should do now to stay compliant and avoid unnecessary headaches.

Key Takeaways

• Why the IRS is moving away from paper checks and what replaces them
• How refunds will be issued going forward and why direct deposit matters
• The most common mistake business owners make when paying electronically
• Which payment methods make the most sense for individuals vs businesses
• What to set up now so estimated payments don’t become a problem later

Related Resources

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Tax Strategies to Save You Thousands

What Fewer IRS Agents Means for Your Business

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