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.