The Internal Revenue Service has announced a record 90 million tax returns were filed electronically this year, led by a big increase in people using home computers.
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More people are climbing on the e-file bandwagon, with the IRS reporting that 90 million tax returns were e-filed this year. Still nowhere near the original Congressional mandate to have 80% of tax returns e-filed by 2007, the IRS continues to make e-file opportunities available to the masses through its Free File program.
Meanwhile, Helio Castroneves enters Week Two of what is expected to be a four- to six-week trial centering around the timing of tax liabilities on income earned from his racing career. We will continue to follow the trial to its conclusion.
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