Taxpayers in the US have turned to online tax lodgement in their droves
rather than use the traditional pencil and paper method after the Internal
Revenue Service discontinued its TeleFile service.
Statistics just released showed that the percentage of electronically filed
returns increased, alongside a big increase in home computer use.
By early March 39.5 million US taxpayers have already filed online out of a
total of 54 million tax returns filed so far this year, representing 73% of the
total returns, the IRS said.
Just 3 million people used TeleFile a year ago prompting the IRS to shut it
‘The home computer is increasingly replacing the paper tax form,’ said IRS
commissioner Mark Everson, in a statement.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy