The IRS has released Fact Sheet 2026-02, providing updated Frequently Asked Questions (FAQs) regarding the implementation of Executive Order 14247, Modernizing Payments To and From America’s Bank Account. The Executive Order directs the transition to fully electronic federal payments both to and from the IRS, aiming to reduce fraud, increase efficiency, lower costs, and enhance security. From a mobility perspective, this will affect programs that have traditionally relied on paper refund checks from the IRS to complete the tax settlement process.
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Fuente:Vialto Partners