IRS: Corporate e-filed tax returns jump

The number of small and large businesses that electronically filed their returns leaped 60 percent this year to more than 800,000, the Internal Revenue Service said.

The IRS requires only very large corporations to e-file, but many other business are choosing to do so. More than 780,000 small businesses e-filed their tax returns this year, up more than 50 percent from last year.

Many large corporations are voluntarily e-filing, tool, the IRS said. More than 42,000 large corporations filed electronically by the Sept. 17 deadline although only 22,000 were required to do so.

“This is a record-breaking year for electronically filed returns by corporations and businesses,” said Linda Stiff acting IRS commissioner. “We will continue to work with the business community, tax practitioners and the software industry to improve this important program.”

Starting in 2006, corporations with assets of more than $50 million were required to file Form 1120 and 1120-S electronically. Approximately 15,500 of these corporations filed their returns electronically last year. Starting in 2007, corporations with assets of more than $10 million were required to file electronically.

Besides corporate e-filing, IRS plans in 2009 to start migrating its family of 1040 individual tax forms to the online Modernized e-File platform from the older Electronic Management System, the 1040 platform since 1994, the IRS has said previously.

“Corporations of all sizes are seeing the long-range advantages of integrating their tax filing in an electronic environment along with their tax and financial accounting,” said IRS Treaty Administration Director Elvin Hedgpeth, who led the implementation of e-filing for large corporations. The collaboration with corporate practitioner, software development and technology stakeholder groups has encouraged the growth in corporate e-filing, Hedgpeth said.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

FCW in Print

In the latest issue: Looking back on three decades of big stories in federal IT.


  • Anne Rung -- Commerce Department Photo

    Exit interview with Anne Rung

    The government's departing top acquisition official said she leaves behind a solid foundation on which to build more effective and efficient federal IT.

  • Charles Phalen

    Administration appoints first head of NBIB

    The National Background Investigations Bureau announced the appointment of its first director as the agency prepares to take over processing government background checks.

  • Sen. James Lankford (R-Okla.)

    Senator: Rigid hiring process pushes millennials from federal work

    Sen. James Lankford (R-Okla.) said agencies are missing out on younger workers because of the government's rigidity, particularly its protracted hiring process.

  • FCW @ 30 GPS

    FCW @ 30

    Since 1987, FCW has covered it all -- the major contracts, the disruptive technologies, the picayune scandals and the many, many people who make federal IT function. Here's a look back at six of the most significant stories.

  • Shutterstock image.

    A 'minibus' appropriations package could be in the cards

    A short-term funding bill is expected by Sept. 30 to keep the federal government operating through early December, but after that the options get more complicated.

  • Defense Secretary Ash Carter speaks at the TechCrunch Disrupt conference in San Francisco

    DOD launches new tech hub in Austin

    The DOD is opening a new Defense Innovation Unit Experimental office in Austin, Texas, while Congress debates legislation that could defund DIUx.

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

More from 1105 Public Sector Media Group