The IRS is on a President Trump–mandated mission to eliminate paper checks.1 It wants all taxpayers to receive their refunds by direct deposit or other electronic payment methods, not by paper check.

For most taxpayers, this is not a big deal. Ninety-three percent of all taxpayers already receive their refunds by direct deposit.

But some 5.6 million American households are unbanked—they don’t have a checking or savings account. The transition to direct deposit is proving difficult for many of them, and the ... Log in to view full article.