Wealth Finance

The IRS says that for tax-season 2011 it will stop mailing paper tax packages, including its hefty instruction booklet, Publication 17. The agency cited cost considerations in the decision, as well as the the continued growth in electronic tax filing. In the last tax season, only 8 million Americans who filed paper returns received paper tax packages in the mail. The rest either filed electronically or used a tax preparer who filed for them. So far this year, 96 million individual income tax returns have been filed electronically. (The extension deadline for 2009 returns is next Friday, Oct 15.) If you filed a paper return, you can expect to get a postcard in the mail shortly from the IRS describing your options. Those options are also listed on the IRS Web site.    

Similar Posts:

• IRS: Your audit notice is in the mail
• 2011 income taxes: How to file an extension with the IRS
• Income Tax Preparer- Free Useful Information For Tax Repairer
• CBS honcho Les Moonves took home $43M in 2009
• Mortgage Options for the Self-Employed