NPR's Ayesha Rascoe speaks to Kathleen Romig from the Center on Budget and Policy Priorities about the end of physical Social Security checks.
Starting in 2025, the IRS requires direct deposit info on tax returns to improve efficiency, security, and fraud prevention.
Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...
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