GIACT and Hudson Cook Break Down NACHA’s New Account Validation Rule
The IRS has published new FAQs explaining how Executive Order 14247, Modernizing Payments To and From America’s Bank Account (the “Order”), will reshape how taxpayers receive refunds and make payments. The Treasury and IRS...more
The Alabama Department of Revenue (“AL DOR”) published helpful guidance on January 28 regarding “recent updates to the United States Postal Service (“USPS”) procedures that may affect postmark dates on mailed tax returns,...more
On March 25, President Donald Trump signed Executive Order 14247, “Modernizing Payments to and from America’s Bank Account.” The order takes effect Sept. 30 and requires all federal agencies using the United States Treasury...more
The IRS is officially moving away from paper check refunds. Effective September 30, 2025, the IRS will no longer issue tax refunds in the form of paper checks. Instead, the IRS will only issue tax refunds in the form of...more