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January 25, 2024
The IRS is reviewing and redesigning around 170 million tax notices it sends to individuals each year to make them shorter and simpler.
November 8, 2023
Although Treasury Secretary Janet Yellen plugged progress in IRS efforts to tame paper in the agency, she also emphasized that โplaying politics with IR...
August 31, 2023
Businesses that are required to file Form 8300, Report of Cash Payments Over $10,000, may be required to e-file instead of filing a paper return beginning next year.
August 4, 2023
Looking for the latest Government Contracting News? Read about IRS' New Paperless Processing Initiative Targets Digitalization Starting 2024; Janet Yellen
August 4, 2023
The IRS unveils a paperless processing initiative, promising faster refunds and a seamless customer service experience for taxpayers.
August 3, 2023
IRS plans to completely digitize taxpayer-filed documents within two years New York State
August 3, 2023
August 2, 2023- The Federal Financial Institutions Examination Council, on behalf of its members, released updates to six sections of the Bank Secrecy Act/Anti-Money Laundering ...
August 2, 2023
The IRS will allow taxpayers to file every major tax form online, the agency announced Wednesday, and will digitize its gargantuan paper catalogue by 2025, dramatically increasing its customer service capabilities and hastening refunds by four weeks to millions of taxpayers. The long-sought improvements, enabled by an influx of funding in President Biden's landmark Inflation Reduction Act, mean taxpayers will be able to complete complex tax paperwork online or upload related documents direc...
August 2, 2023
The tax agency will digitize its massive paper catalogue by 2025, dramatically increasing customer service capabilities and hastening refunds by four weeks to millions of taxpayers.