Why the IRS Is Making This Change
The IRS is phasing out most paper checks to:
- Increase security and prevent mail theft
- Speed up refunds
- Reduce processing errors
- Lower overall costs and improve efficiency
This shift brings the system in line with how most modern payments are already handled.
How This Change Affects You
Nothing changes about how you file your taxes with us. You will:
- File your return as usual
- Wait for IRS approval
- Receive your refund electronically instead of by paper check
Refunds may now come through:
- Direct deposit
- Prepaid debit card (certain situations)
- Digital wallet options the IRS may add later
Electronic refunds avoid delays and arrive much more quickly.
What You Should Do Now
1. Prepare a bank account or debit account
If you already have one, simply provide your correct routing and account numbers when we file your return.
If you don’t have an account, there are safe and affordable options available through:
- FDIC: GetBanked
- MyCreditUnion.gov
These options work well for taxpayers who prefer simple, low-fee banking.
2. Make sure your information is updated
Before filing, confirm:
- Your current address
- Your current phone number
- Accurate bank account details
This prevents any refund delays.
3. Ask us for help — we’re here for you
If electronic payments or direct deposit are new to you, we will guide you step-by-step. Our goal at Molimar Tax Consulting Service Inc. is to make the process smooth and stress-free.
If You Need to Make Payments to the IRS
Continue using your usual payment method for now.
The IRS will release updated instructions as they modernize their systems.
What This Means for Our Community
This change provides meaningful benefits to individuals who:
- Need reliable access to their refund
- Work gig jobs, flexible schedules, or multiple income sources
- Send money to support family members
- Prefer a faster and safer process
With electronic refunds:
- There is no waiting for the mail
- No risk of losing a check
- Your money goes straight to your account or card
At Molimar, we see this as a positive step for the families we serve.