Tag: IRS Form W-2

IRS Rules Lower W2 Electronic Filing Threshold

The IRS proposed regulations amending the rules for filing electronically that reduces the threshold for filing W-2s. The Taxpayer First Act proposes wide-sweeping changes in an effort to modernize the IRS and improve the efficiency of the taxpayer experience when filing taxes. This is further evidence of the government’s commitment to e-filing. Electronic filing makes processing returns much easier for the IRS.