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
RFD News correspondent Frank McCaffrey spoke with the Texas Shrimp Association at the Port of Brownsville about the future of the USDA’s new Office of Seafood.
When the stakes are high, proactive preparation and a firm command of the process are your most powerful tools for effective advocacy.
NAAA’s Andrew Moore joins us to discuss the role of ag aircraft in crop protection and emerging concerns surrounding stolen agricultural drones.
Dr. Peter Beetham with Cibus joins us to discuss the Supreme Court review of a case about glyphosate use, its potential impact on Bayer and Roundup, farmers who use the products, and the ag industry as a whole.
Meredith Petersen joined us to discuss the National Swine Health Strategy, how it was developed through industry collaboration, potential challenges ahead, and its expected benefits for pork producers.

LATEST STORIES BY THIS AUTHOR:

Patrick Gottsch, founder and chairman of RFD-TV, testified before the U.S. House Judiciary Committee in May 2014. Read his full testimony: “Competition in the Video and Broadband Markets: the Proposed Merger of Comcast and Time Warner Cable.”