You’ve probably heard about the IRS’s Paperless Processing Initiative by now, so let’s dive into what it means for you. What is the Paperless Processing Initiative? The IRS's new initiative for paperless processing aims to reduce the use of paper by up to 200 million pieces every year, while also decreasing processing times by 50% and speeding up the process of sending refunds by several weeks. Not only will it allow the IRS to process digitized tax returns and forms, but it will also allow taxpayers to submit digital tax returns and forms – even on mobile! What Does Going Paperless Look Like? Starting in the 2024 filing season, taxpayers will be able to go paperless. This means you can: Submit all correspondence, non-tax forms, and responses digitally Continue to submit paper returns and correspondence if you prefer E-file 20 additional tax forms, including amendments to Forms 940, 941, 941-SS and 941 (PR) Complete and submit at least 20 of the most used non-tax forms from your mobile device Starting in filing season 2025, you will be able to: Complete and submit over 150 of the most used non-tax forms from your mobile device Access your historical tax data in a digital format eFile360 Can Help You Go Paperless Go paperless today by signing up for a free eFile360 account. With an eFile360 account, you can e-file 1099, 1098, W‑2, and ACA forms; view the status of submitted forms; manage payer and recipient information; and more. …
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