Why does the IRS require the electronic filing of corporate returns filed by large and mid-size businesses?
A5. Electronic filing supports IRS’ broader goals of improving service to taxpayers, enhancing compliance, and modernizing the agency. Implementation of this regulation is also consistent with an Office of Treasury Inspector General for Tax Administration (TIGTA) Report recommending that IRS require large corporations to file electronically. Overall, increased electronic filing of returns has been shown to improve customer satisfaction and confidence in the filing process, and it may be more cost effective for affected entities.
Related Questions
- Do the 25- and 75-return thresholds associated with the electronic filing requirement refer to all returns filed during a given calendar year or just the returns that were filed electronically?
- Why does the IRS require the electronic filing of corporate returns filed by large and mid-size businesses?
- Can I file an amended Form 1040X electronically?
