Tax Coda

Tax Coda

IRS modernizes payments to and from taxpayer bank accounts

Internal Revenue Service Fact Sheet FS-2026-02. Executive Order 14247.

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Tax Coda
Feb 04, 2026
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The IRS is moving federal tax payments and refunds to electronic methods. Paper checks are being phased out, with limited exceptions.

Overview

The U.S. Department of the Treasury and the IRS are implementing Executive Order 14247. The order directs federal agencies to modernize payments to reduce fraud, cut costs, and improve security.

The policy applies t…

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