IRS Issues Nationwide Warning as Trump Promises Record Tax Refunds: What the ‘Big Beautiful Bill’ Means for Your 2026 Tax Return
The IRS will stop issuing most paper tax refund checks after September 30, 2025, moving to electronic payments under an executive order. Taxpayers without direct deposit information may face a six-week delay for paper refunds. The Trump administration claims the 2026 filing season will bring record refunds under the new OBBBA law, though economists warn of possible inflation risks.