Money
Briefing: IRS paper check changes trigger tax refund delays for more than 830,000 filers
Strategic angle: Many filers could see tax refund delays amid the IRS shift away from paper checks. Here's what to know if you receive a CP53E notice.
editorial-staff
1 min read
Updated 28 days ago
The IRS has initiated a transition away from issuing paper checks for tax refunds, which is expected to affect more than 830,000 filers.
As a result of this shift, many taxpayers may experience delays in receiving their refunds. The agency has indicated that those impacted will receive a CP53E notice.
This change highlights the ongoing evolution of tax processing methods and the implications for refund distribution, necessitating adjustments in taxpayer expectations and planning.