TLP: Not That We Expect Much, But ...

irs forms
Who's doing the math at the IRS? Just wondering. And can I get whomever it is to calculate my refund?

The Washington Post:
The Internal Revenue Service plans to stop mailing instructions and paper forms for annual income tax returns, saving the agency about $10 million a year as more Americans are filing online.

About 11.5 million people who filed paper tax returns in 2009 received the tax information in the mail, IRS said. The agency normally sends the information at the beginning of the calendar year. The mailing includes the Form 1040 and instructions that totaled 44 pages last year.

More than 96 million individuals have filed their tax returns this year via IRS e-File (up about 6 million from 2008) and an estimated 20 million paper returns were filed through paid tax preparers, according to the agency.

The IRS plans to mail information about the decision in the coming weeks to taxpayers who filed paper forms last year. Taxpayers who want to file paper returns can still obtain the forms at, local IRS offices or at participating libraries and post offices.
This is the same crew that decided to mail letters to 130 million Americans, informing them that a stimulus check would be mailed to them. The cost of sending those letters was $42 million. (Cost of the stimulus: priceless. But the signs are awesome.)

I want to see the analysis of how much money the government expects to lose from people who don't file tax returns because they don't receive the 1040 booklet in the mail. I'm guessing that number tops the $10 million saved on postage. Just add it to my refund and we're good.

The Lazy Paperboy

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.



Good girl! Uncle Sam, be he in the IRS, SEC, or any other agency, has no concept of opportunity cost. The SEC was recently roasted by Congress over its mishandling of the Alan Stanford affair. The SEC is too busy with insignificant insider trading cases like that of the "PriceWaterhouse Two" which involved $44,000. Really.