IRS sets record for Web visits.
The IRS also reported that the number of individuals who filed their tax returns electronically this tax season increased 19% over last year. The service received 5,647,000 returns by Telefile (e-filed by phone) and 23,346,000 returns e-filed by computer.
Overall computer e-filed returns increased 26.9%. Tax professionals prepared 20.9 million (up 19.8%) and individual taxpayers filed 2.4 million (up 161%) of the e-filed returns.
"We're pleased with this response to our invitations to go electronic," said IRS Commissioner Charles O. Rossotti in a statement released recently by the service.
The IRS shouldn't break out the champagne just yet, however. Despite impressive increases in Web-site and e-file activity, the small number of home computer e-filers--accounting for only 2% of the total 111,507,000 returns received this year--indicates that the majority of taxpayers are reluctant to make the leap into cyberspace when it comes to filing their taxes.
An online survey, performed during the 1999 tax season, revealed only 1.4% of all individual taxpayers had planned to file their tax returns this season electronically through their home computers.
The survey, conducted by Jupiter Communications in New York City, did offer some good news for CPA tax practitioners. One-third of the taxpayers who said they would e-file for the 1999 tax season also said they planned to hire an accountant to prepare the return.
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|Publication:||Journal of Accountancy|
|Date:||Jul 1, 1999|
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