IRS aims for fully digital tax filing by 2025 to expedite refunds
- The IRS plans to digitize all taxpayer documents and achieve paperless processing for all tax returns by 2025.
- The initiative will allow taxpayers to submit forms and correspondence online starting in 2024.
- Going paperless is expected to eliminate up to 200 million pieces of paper annually.
- Digitizing documents will cut processing times, speed up refunds, reduce errors, and improve customer service.
- The modernization effort is funded by the Inflation Reduction Act, but sustained funding from Congress is needed.