In the 1980s, the IRS worked to improve the inefficient and time-consuming tax filing paper process with an online filing option to eliminate paper storage and cut down on processing time. Enter the beginning of e-filing tax returns, which started in 1986 as a small pilot program. At the start, only five tax preparers in three metropolitan areas – Cincinnati, Raleigh-Durham and Phoenix – agreed to test out the online tax filing system. Once popular tax preparation firms H&R Block and Jackson-Hewitt jumped on board, more individual tax preparers were willing to give e-filing a try. In 2011, the IRS hit the 1 billion milestone for individual tax returns received and processed. Today, 91% of all tax returns filed are prepared using online e-filing services and the electronic filing option evolved into a promising option for both tax preparers and payers.
Infographic Design: B
Easy to read design with information organized and displayed nicely. The colors work well together thought I would have appreciated a few more images.
Infographic Information: B
The information shows how E-files have developed and changed over the years. It is interesting to see just how e-files started and where they are today.