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
Rising corn and soybean prices may lower expected payments for producers
Sen. Roger Marshall joined us to discuss rising input costs, farm support efforts, and legislation aimed at strengthening domestic fertilizer supply.
David Fisher with the American Lamb Board joined us to discuss a new sustainability program designed to boost producer profitability while supporting stewardship practices.
David Gruchot with USDA APHIS joined us to discuss the growing threat of invasive pests and the steps individuals can take to help protect U.S. agriculture.
ASFMRA’s Shawn Wood joins us to discuss farmland market trends in Arizona and the key factors shaping land values and water-driven decision-making.
CoBank Lead Energy Economist Teri Viswanath discusses their analysis of rising energy costs, rural impacts, and the outlook for fuel prices amid ongoing global uncertainty.

LATEST STORIES BY THIS AUTHOR:

“Last year, looking across all the critical sectors, about 5.5% of every ransomware attack that we saw impacted the food and agriculture sector.”
The Department of Agriculture officially has a new leader, and she is the second female Agriculture Secretary in history. Let’s find out what Brooke Rollins did on day one at the USDA.