We encourage all taxpayers to review the latest ELECTRONIC PAY FACT SHEET regarding Electronic Payments Executive Order #14247, to ensure you are prepared to comply with the requirements for payments to and from the IRS. The link to the Electronic Pay Fact Sheet has important details and additional information.
Payments to the IRS
While the IRS strongly encourages all payments to be made electronically, as of January 27, 2026, the IRS will still accept mailed payments (which include checks).
Refunds from the IRS
Under the Executive Order, refunds are issued electronically unless no other option is available. If direct deposit information is not provided with the tax return, processing may be delayed and the taxpayer will receive a CP53E notice letter requesting updated banking information or an explanation for why it cannot be provided. This information must be submitted through the IRS website, not by phone. Once received, the IRS will release the refund by direct deposit, or, if an exception applies, by paper check.
Work with your Olsen Thielen advisor if you have questions on the new requirements for IRS electronic payments processing – contact us with questions.