PYMNTS

MARCH 12, 2020

The joys of tax season: complex paperwork, long wait times and check disbursements. Many United States consumers are still reliant on paper checks when it comes to receiving their tax refunds, which represents the largest sum of money many of them will receive at one point during the fiscal year.

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PYMNTS

JANUARY 27, 2020

The Oregon Department of Revenue favors ACH but still mails a ton of checks for its disbursements. Beyond that, public information officer Robin Maxey told PYMNTS, “We aren’t looking to add to [ACH] or eliminate paper checks.” billion worth of government checks in 2018 at an average cost of $2.50 Not all states feel the same.

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Faster Payments Government Governance Tax Refunds 52

PYMNTS

JANUARY 8, 2018

Credit Karma said yes to early tax refunds for consumers – for free. Good Tax Lending Karma. Good news for consumers avidly awaiting their tax refund for 2018: Credit Karma Tax is rolling out a new product call Earlybird Advance, an online refund advance service. And that was just Tuesday.

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Tax Refunds Scams Legal Wire 42

Nanonets

JUNE 28, 2023

A W-2 form is a tax form used in the United States to report an employee's annual wages and the amount of taxes withheld from their paycheck by their employer. The form is provided by employers to their employees and is also submitted to the Internal Revenue Service (IRS) for tax purposes. Who Files a W-2 Form?

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Automation IRS Social Security Returns 52

PYMNTS

AUGUST 4, 2020

PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity to issue despite the fact that most people on the receiving end really hate getting them. The majority of the misprinted checks were sent to businesses receiving corporate tax refunds.

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Checks IRS Tax Refunds Returns 97

PYMNTS

JULY 15, 2020

But as it turns out, taxpayers won’t be the only ones scrambling to deal with taxes in a timely manner this year. According to NPR , the Internal Revenue Service (IRS) has a tough road ahead as it attempts to process returns amid worsening pandemic conditions. The IRS has since brought back larger and larger shares of its workforce.

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PYMNTS

JANUARY 10, 2019

After the holiday season comes tax season — everyone’s favorite time — but at least the payment of taxes, along with the tax refund process, promises to become even more digital this year. And digital payers are striving to win more business from tax filers this year. Rise of Quicker Payments. New Products.

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PYMNTS

DECEMBER 18, 2020

Shredding paper dependency is one way that both government and private industry are moving money faster, but checks aren’t so easily dislodged from the economy writ large. Americans Now ‘Less Tolerant’ of Paper Checks. Payors reported that they only make 45.3 Payors reported that they only make 45.3

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Instant Payments Tax Refunds Non-Bank Government 60

PYMNTS

APRIL 15, 2020

No need to wonder whether your stimulus check is on its way. The Internal Revenue Service (IRS) launched a “ Get My Payment ” tool Wednesday (April 15) to track payments of the coronavirus relief money included in a federal economic stimulus bill. The IRS said the service is unavailable for residents expecting paper checks.

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IRS Tax Refunds Payments Returns 92

PYMNTS

DECEMBER 28, 2020

However, checks aren’t so easily dislodged from the economy writ large. Edwards noted that over 50 million government checks are still issued each year. As a result, FEMA payments, VA benefits and IRS tax refunds in addition to ad-hoc stimulus relief would be among the largest use cases with the biggest need for modern payments.

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Checks Tax Refunds Federal Reserve Government 83

PYMNTS

JANUARY 8, 2019

government shutdown continues, a Trump official has promised that tax refunds will go out on schedule. Tax refunds will go out,” the acting director of the White House Office of Management and Budget, Russell Vought, told reporters on Monday (January 7), according to Bloomberg. While the U.S.

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