• chevron_right

      IRS vows to digitize all taxpayer documents by 2025

      news.movim.eu / ArsTechnica · Wednesday, 2 August, 2023 - 16:12

    IRS vows to digitize all taxpayer documents by 2025

    Enlarge (credit: Bill Clark / Contributor | CQ-Roll Call, Inc. )

    Today, the US Treasury Department announced that taxpayers will have the choice to go paperless for all Internal Revenue Service (IRS) correspondence in the upcoming 2024 filing season.

    By 2025, the IRS plans to achieve paperless processing for all tax returns, still accepting paper documents but immediately digitizing them, to "cut processing times in half" and "expedite refunds by several weeks," the Treasury Department said.

    "The IRS receives about 76 million paper tax returns and forms and 125 million pieces of correspondence, notice responses, and non-tax forms each year, and its limited capability to accept these forms digitally or digitize paper it receives has prevented the IRS from delivering the world-class service taxpayers deserve," the Treasury Department said.

    Read 16 remaining paragraphs | Comments

    • chevron_right

      Major tax-filing websites secretly share income data with Meta

      news.movim.eu / ArsTechnica · Tuesday, 22 November, 2022 - 19:32 · 1 minute

    Major tax-filing websites secretly share income data with Meta

    Enlarge (credit: Drew Angerer / Staff | Getty Images News )

    Here to add another layer of dread ahead of the upcoming tax season, The Markup reported that some of the biggest online e-filing services—unbeknownst to millions of users—have been sharing sensitive user financial information with Meta. Some services linked user names and email addresses with detailed information like income, refund amounts, filing status, and even the amount of dependents’ college scholarships.

    These services include H&R Block, TaxAct, and TaxSlayer, which transmit data via a tool that Meta provides for businesses called the Meta Pixel . The Markup published the data sent to Meta by these companies, which it confirmed was sometimes generated and shared “regardless of whether the person using the tax filing service has an account on Facebook” or other Meta service.

    Meta provides the Meta Pixel as a code that businesses can customize and embed on their websites to gather information to help businesses improve targeted marketing campaigns on Meta platforms. In return for this service, Meta gets to use the shared data to drive its own algorithms in its mission to know just about everything that can be known about its own users.

    Read 20 remaining paragraphs | Comments