Electronic IRS Payments Coming Soon—What Farmers and Taxpayers Need to Know

RFD-TV Farm Legal and Taxation expert Roger McEowen joined us Friday to break down the executive order and what it means for farmers and ranchers.

WASHINGTON, D.C. (RFD-TV) — The IRS is moving away from paper checks as part of a federal push toward fully electronic disbursements. A new executive order directs federal agencies, including the Treasury Department, to stop issuing paper checks—a change that will affect a wide range of government payments to individuals and businesses.

RFD-TV Farm Legal and Taxation expert Roger McEowen with the Washburn School of Law joined RFD-TV News on Friday to break down the executive order and what it means for taxpayers.

In his interview, McEowen explained that the order includes a September 30 deadline for agencies to comply with the transition. While most taxpayers already use direct deposit, those who still receive paper checks will need to prepare for the shift. He also discussed possible exceptions, noting that some situations—such as certain hardship cases or individuals without access to banking—may still qualify for alternative payment options.

Taxpayers are encouraged to verify their direct-deposit information with the IRS and other federal agencies to avoid delays once paper checks are phased out.

FIRM TO FARM: IRS Moves Toward Electronic Disbursements (and Payments)

Related Stories
Longtime MLF pro angler Fred “Boom Boom” Roumbanis shares how he and Jeff Sprague of Team YETI are preparing for the Team Series Summit Cup.
AFBF economist Faith Parum breaks down the potential impact of the proposed policy change to allow year-round sales of E15 biofuel.
The request follows pressure from the American Sheep Industry Association (ASIA), which called for a formal investigation into whether lamb imports from Australia and New Zealand have cut into the U.S. market share.
Learn the conditions farmers must meet to qualify for this new three-year tax deferral on farmland sales, how much it could save, and other details to consider.
Bass Pro Anglers Jacob Wall and Bobby Lane will fish together in the Summit Cup after facing elimination in the Challenge Cup Knockout Round.
RFD-TV farm legal expert Roger McEowen digs into the details on how to make your rural property dreams a reality — and avoid a living nightmare.
Jeramy Stephens with National Land Realty shares tips for fall and winter to guide landowners and farmers.

LATEST STORIES BY THIS AUTHOR:

USDA Undersecretary Luke Lindberg outlines the Farm Bridge Assistance Program and responds to calls from lawmakers and ag leaders for more assistance and expanded trade opportunities for farmers.
Callahan is no stranger to agricultural trade and has been with the U.S. Trade Representative’s office since 2016.
The Pet and Livestock Protection Act now moves to the Senate for consideration.