With the April 15 tax filing deadline looming, the Internal Revenue Service says that e-filing, direct deposit and e-payment programs continue to move at record paces so far this year.
Through April 8, taxpayers e-filed 55.8 million tax returns -- up almost 8 percent from the same period last year. Overall, 63 percent of all returns up to that date were e-filed -- up from 58 percent for the same period last year. While this percentage will decline as the final rush of April 15 tax returns are processed, the IRS expects for the first time to have more than half of all individual tax returns filed electronically.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access