Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go completely paperless by 2025.
The effort to reduce the exorbitant load of paperwork that has plagued the agency — dubbed the “paperless processing initiative” — was announced Wednesday by Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel.
The effort is being financed through an $80 billion infusion of cash for the IRS over 10 years under the Inflation Reduction Act passed into law last August, although some of that money already is being cut back.
