Congress Mandates Electronic Filing

Congress has passed a bill that would require electronic filing by all return preparers “except those who neither prepare nor reasonably expect to prepare ten or more individual income tax returns in a calendar year.”  The new law goes into effect for returns prepared after Dec. 31, 2010.

The new ruling applies to returns for estates and trusts as well as individuals.

Kesner, Godes & Morrissey has participated in the e-filing of tax returns for several years now and encourages all of their clients to file electronically.