Friday, December 17, 2010

DOR will save the Commonwealth more than $120,000

A couple of updates on the tax filing changes coming in 2011:
The growth of electronic tax filing has prompted DOR to make changes in the booklet of forms and schedules that are mailed to taxpayers. A minority of taxpayers, less than 300,000 out of 3.4 million tax filers, submitted state income tax returns on paper last year using the form DOR sent to them in the mail.
Those same taxpayers will receive a paper booklet in January, 2011, but it will be a slimmer version than in years past because it will not have printed instructions or duplicate copies of tax forms and related schedules
......
It's worth noting that the federal Internal Revenue Service announced in October that it will no longer mail paper income tax packages to either businesses or individuals. In its press release, the IRS said it "was taking this step because of the continued growth in electronic filing and the availability of free options to taxpayers, as well as to help reduce costs."



Related post on tax filing dates for April 2011
http://franklinmatters.blogspot.com/2010/11/mark-your-calendars-for-two-tax-filing.html


Franklin, MA

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