Millions of people still prefer a paper check for federal income tax refunds. But President Trump signed an executive order to stop paper checks.

The change, required by an executive order issued in March, is aimed at improving security, speeding up refunds and cutting costs, the IRS said. Paper checks are more than 16 times as likely to be ...

Taxpayers who typically receive tax refunds by paper check could be surprised next year when the IRS initiates new steps to spur direct deposit.