What do increased fraud, high costs, and operational inefficiencies all have in common? Paper checks, or at least, those were the reasons cited when President Donald Trump issued an executive order last year that mandated the federal government cease paper check payments.
Since then, the IRS, the Social Security Administration (SSA), the U.S. Department of Veterans Affairs, and other federal government agencies have started phasing out physical checks, with the official phaseout date reported as September 30, 2025. But with tax season just around the corner, where does that leave you?
