The IRS is phasing out paper checks for tax refunds. Learn why choosing direct deposit is crucial this year to get your money faster and avoid potential delays.

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

Most Americans now choose to receive their paychecks by direct deposit, as opposed to the antiquated paper checks of income past. With the conveniences and benefits of electronic deposits along with ...

Online bill pay and peer-to-peer payment services have reduced the need to use checks as a form of payment, but occasionally you might still need to deposit a check. Checks are a paper form of payment ...