IRS Fact Sheet: FAQs on Modernizing Payments To, From America’s Bank Account

Jan. 29, 2026, 11:54 PM UTC

The IRS released an updated FAQs on Executive Order 14247, regarding modernizing payments to and from the IRS and Treasury by fully transitioning to electronic payment methods. The information includes clarifying payments and refund options for individual taxpayers and businesses. [Fact Sheet 2026-02 (Jan. 01, 2025)]

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