The Number of Businesses that File Their Taxes Electronically Is Growing

448878029_7593296b57_qAccording to the IRS, the number of businesses that are e-filing their taxes rose 10 percent since last year, and is twice the number that e-filed just four years ago.  Today, more than 7 million corporations and partnerships are taking advantage of this convenient tool to file their returns. While large corporations (those with $10 million or more in total assets) are required to file electronically, it is optional for smaller businesses but the IRS is pleased that many are moving in this directions as it saves on administrative costs for the American taxpayer.

You can read more at the IRS website here.

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