The Electronic Tax Administration Advisory Committee, the consortium that is charged with advising the Internal Revenue Service on its e-filing strategy, is exhorting the service to accelerate its previously announced plans to update its e-filing process.
In its annual report to Congress, ETAAC advised the IRS to move up its planned funding for an updated 1040 e-file form to its 2008 fiscal year.
Several years ago the IRS had set a target of having 80 percent of all returns e-filed by the year 2007. The service said over the 2005 filing season, some 66 million returns were filed electronically, a 17 percent rise from the previous year, which hovered at the 50 percent level.
