Tax and financial planning news from around the web: July 7 – 11, 2025

AICPA makes recommendations as Treasury and IRS transition to electronic payment and disbursement system 

The adoption of an electronic system for federal disbursements and receipts would increase efficiency, reduce costs and significantly diminish the occurrence of lost or stolen checks. 

IRS summer series helps tax pros protect clients from identity theft 

With new scams continuing to emerge, the IRS announced the start of the special summer Protect Your Clients; Protect Yourself campaign to help tax professionals protect themselves against new and ongoing threats involving tax-related identity theft.