This definition appears very frequently
and is found in the following Acronym Finder categories:
See other definitions of MeF
Samples in periodicals archive:
A subsequent return filed within the filing period (including extensions) is considered a superseding return and takes the place of any other return previously filed during the filing period, including extensions (see Publication 4163, Modernized e-File (MeF) Information for Authorized IRS e-File Providers for Business Returns; see also Reaver, 42 T.
This tax season, the IRS transitioned from its traditional legacy e-filing system to a new Modernized e-File Program.
Recommendation: To help increase electronic filing and to better target IRS's efforts, the Commissioner of Internal Revenue should direct the appropriate officials to develop and prioritize a list of forms that still need to be added to the Modernized e-File system.
For 2006, the threshold for corporations required to e-file federal tax returns has changed again: this year, corporations that have $10 million or more in assets and file at least 250 information returns must e-file their Forms 1120 using the IRS' modernized e-file platform.
Robinson has worked with the task group to make the agency's Modernized E-file project for large corporations more administrable.
There are significant issues on the horizon, including the pending requirement for all preparers to obtain a preparer tax identification number (PTIN), the e-file mandate for tax return preparers filing individual tax returns, and the continuing phase-in of the modernized e-file platform for individual returns.
However, a milestone for the Customer Account Data Engine (the new taxpayer information database) exceeded its planned schedule by 66 percent and experienced a 15 percent cost increase; another milestone for the same project incurred a 153 percent schedule delay, and a milestone for Modernized e-File (an electronic filing system) experienced a 41 percent schedule delay.
The Service will generally not approve a request to waive the electronic filing requirement if the software purchased or licensed by a taxpayer or a return preparer does not include all of the features necessary to comply with the Modernized e-File requirements set forth in IRS regulations, revenue procedures, publications, and other instructions posted to the irs.