BARCODE Efficiency Act mandates the use of scannable codes and optical character recognition technology for tax returns and correspondence received.
The BARCODE Efficiency Act, or Barcode Automation for Revenue Collection to Organize Disbursement and Enhance Efficiency Act, requires electronically prepared tax returns to include scannable codes when submitted on paper. It mandates the use of optical character recognition technology for paper documents received by the Internal Revenue Service. Exceptions apply if the technology is slower or less reliable than manual transcription or other IRS processes, with a report to Congress required in such cases.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.