electronic tax filing

A offering of the Internal Revenue Service that allows taxpayers to file their tax returns on diskette or over a network. In 1994, 11.8 million tax returns were filed electronically or about 11% of all individual tax returns. The number was down 15.8% from 1993 because of increased IRS efforts to prevent the fraud which can be facilitated when tax returns are filed electronically. Fraud has caused the IRS to question its goal of getting 80% of Americans to file electronically by the year 2001. See RAL.

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