Business Services Industry
Expanded IRS electronic filing and payment options.
Kiplinger Tax Letter, The, May, 1998
IRS will announce expanded electronic filing and payment options later this year...electronic filing for 941s, 1120-Ss and 7004s next year. They will be part of a five-year plan for electronic tax administration... will include Forms 940, 990, 1041, 1098, 1099 and payment by credit card.
But tax preparers cannot substitute electronically imaged returns for hard-copy returns with original signatures they are required to keep, even if the electronic image is of a manually signed hard-copy tax return. IRS says preparers still must keep signed paper returns for three years.
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