IRS pledges paperless tax processing by 2025 ...Middle East

The Hill - Technology

Taxpayers may finally get relief from paper-based processes that have long frustrated filers and the Internal Revenue Service (IRS) alike. The IRS is aiming to allow taxpayers to digitally submit all agency correspondence by 2024 — the next tax filing season — and achieve paperless processing capabilities by the 2025 filing season, the Treasury Department announced Wednesday. By 2025, the IRS will also digitize the estimated 1 billion historical documents in its catalog, which cost around $40 million per year to store. The Paperless Processing Initiative “marks a significant step in our efforts to digitize IRS operations,” Treasury Secretary Janet Yellen said during a visit to an

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IRS pledges paperless tax processing by 2025 ...Middle East

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