Academic journal article Journal of Accountancy

Commissioner Calls on More CPAs to File Electronically

Academic journal article Journal of Accountancy

Commissioner Calls on More CPAs to File Electronically

Article excerpt

Margaret Milner Richardson, commissioner of the Internal Revenue Service, said she was discouraged that so few CPAs filed their clients, returns electronically. Richardson told members attending the American Institute of CPAs fall tax division conference in Orlando, Florida, that the AICPA Survey of Practitioner Attitudes Toward the IRS, published last April, revealed that over three out of four respondents had never filed an electronic return with the IRS and that one in four who had done so did not plan to in 1996. "This is not good news for those of us at the IRS who are working to reduce paper and expand electronic tax administration," said Richardson.

Edward S. Karl, AICPA director of taxation, told the Journal the AICPA was involved in ongoing discussions with IRS operations personnel to explain how IRS systems could be modified to accommodate CPAs. "Many CPAs cannot take advantage of electronic filing because there are restrictions on the complexity and number of returns that can be filed electronically," said Karl. "The tax practitioner who prepares the most complicated returns is the least likely to be able to file electronically; generally, CPAs tend to file the more complicated returns," said Karl. He also said the AICPA had published Electronic Tax Return Filing Practice Guide in July 1995 to encourage members who could file electronically to do so. The practice guide (order no. 024012JA) is available for $17.50 by calling the AICPA order department at 800-862-4272.

Companies get a head start

The commissioner was more enthusiastic about the number of companies that have signed up early to use the Electronic Federal Tax Payment System (EFTPS). …

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