Electronic tax filing (or e-filing) is a process where tax documents are submitted to the Internal Revenue Service through the internet or direct connection, usually without the need to submit any paper documents. The The Internet is a global system of interconnected Computer networks Tax preparation software with e-filing capabilities are available as stand alone programs or through websites or tax professionals from major software vendors for commercial use.
Of the 139. 3 million U. S. returns filed in 2007, 79. 98 million or about 57. 4 percent were filed electronically. [1]
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History
The IRS started electronic filing in 1986 to lower operating costs and paper usage. E-filing originally used the processing system developed in 1969 by the IRS, but since 2003, the IRS has been developing a new enhanced processing system, CADE. The Customer Database Access Engine ( CADE) is a system currently being developed by the Wage and Investment division of the Internal Revenue Service ( IRS
See also
References
- ^ "Another record-breaking number of taxpayers choose to electronically file in 2007, Internal Revenue Service, November 7, 2007
External links
The Free File Alliance is a group of tax preparation companies that have partnered with the Internal Revenue Service to provide free Electronic tax filing services A refund anticipation loan ( RAL) is a high Interest rate short-term Loan secured by a taxpayer’s expected Tax refund, and designed to offerDapyx Software network: MP3 Explorer | Ebook Manager | Zenithic