By Larry Barrett  |  Posted 2003-04-09 Print this article Print

The IRS wants 80% of all returns filed electronically by 2007. But—surprise—its systems aren't ready.

Headquarters: 1111 Constitution Avenue NW,
Washington, DC 20224
Phone: (202) 622-7990
Business: Processes more than 130 million tax returns each year
Director of Electronic Tax Administration: Terry Lutes
Financials in 2002: Collected more than $2 trillion in income taxes in fiscal 2001
Challenge: Maintain current e-filing system for individual income tax returns and improve e-filing participation

  • Achieve 80% electronic filing of income tax returns by 2007
  • Reduce total cost of processing income tax returns by $243 million a year by 2007
  • Reduce the cost of collecting $100 in taxes from 39 cents in 2000 to 4 cents by 2007

Senior Writer
Larry, of San Carlos, Calif., was a senior writer and editor at CNet, writing analysis, breaking news and opinion stories. He was technology reporter at the San Jose Business Journal from 1996-1997. He graduated with a B.A. from San Jose State University where he was also executive editor of the daily student newspaper.

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