Open Forum

 View Only
  • 1.  Q&A Now Available for IRS Payments

    Posted 4 days ago

    Hi everyone!

    If you haven't seen it yet, the IRS published a fact sheet in response to EO 14247. We finally have some (not all, but some) answers to a few of our burning questions. You can read it for yourself here: fs-2026-02.pdf

    Electronic Payments From the IRS: This is happening and we are already starting to feel the impact of this in the international world.

    Electronic Payments to the IRS: They are still accepting checks for now and are working to expand easier payment methods in the future. 

    There are several Q&A entries on the fact sheet, but this one should settle some of the confusion we are experiencing:

    Q2. How much longer will taxpayers be able to pay the IRS by check or money order? (added Jan. 27, 2026)

    A2. For now, mailed payments to the IRS, including cash, checks and money orders, will still be accepted and processed. However, over time, the IRS will fully transition to electronic methods. The IRS will accept checks when electronic payment methods are not available for a certain transaction type or in specific situations such as those involving hardships, and/or legal and procedural requirements. 

    If you have any questions after reading the fact sheet, be sure to ask as I'm sure we can all benefit from the conversation. 

    FIRPTA, and FINCEN, and bears. Oh my!



    ------------------------------
    Julie Lepore
    Owner
    Total FIRPTA LLC
    Cape Coral FL
    +1 (239) 266-8516
    [email protected]
    www.totalfirpta.com
    ------------------------------
    ALTA Marketplace


  • 2.  RE: Q&A Now Available for IRS Payments

    Posted 9 hours ago

    Julie!

    I haven't yet come across any specific IRS guidance that explicitly addresses FIRPTA withholding payments in the context of the recent "mandate" under Executive Order 14247. When we visited the IRS office in Ogden last year, it was interesting (though perhaps not entirely surprising) that the representatives we spoke with weren't familiar with the details we were inquiring about in relation to FIRPTA.

    This kind of variation in awareness can understandably contribute to confusion-and even some near-panic-among title companies and others handling these transactions.

    That said, thank you again for highlighting and confirming that the IRS continues to accept payments via check at this time. It's a practical point worth underscoring: given the IRS's well-earned reputation as a thorough collector of funds, it's hard to imagine them returning a valid paper check! IRS "reliably" deposit remittances whether received by check or electronically, which provides some welcome reassurance amid the ongoing transition discussions.



    ------------------------------
    Mary Enzi CAA
    Tax Solutions – FIRPTA Consulting
    [email protected]
    +1 (281) 578-1040
    Office Manager
    Katy TX
    ------------------------------

    ALTA Marketplace