FEDS' FOCUS: The details of the agency's paperless processing plan.
, taxpayers will be given the option to submit all correspondence including responses to notices online, and 20 additional tax forms will be available for e-filing in a mobile-friendly format.
The Internal Revenue Service website seen on a computer screen through a magnifying glass. The tax collection agency announced plans to allow more paperless filings and correspondence over the next two filing seasons. By the 2025 filing season, another 150 "of the most used" non-tax forms will be available in digital formats, and the IRS will also have the ability to digitally process all paper-filed returns.
The IRS said it will also digitize its estimated 1 billion historical documents, which it says will allow it to save roughly $40 million a year in storage costs.A blank 1040 tax return form from the IRS. The agency has rolled out a plan to offer more e-filing options and reduce the need for sending correspondence through the mail.
"When combined with an improved data platform, digitization and data extraction will enable data scientists to implement advanced analytics and pattern recognition methods to pursue cases that can help address the tax gap, including wealthy individuals and large corporations using complex structures to evade taxes they owe," the IRS' media release states.
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