Month: August 2023

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.

Enlarge / A Tesla car drives through a tunnel in the Central Station during a media preview of the Las Vegas Convention Center Loop on April 9, 2021, in Las Vegas, Nevada. (credit: Ethan Miller/Getty Images)

Elon Musk's tunneling company has permission to significantly expand its operations under the city of Las Vegas. Last month, the Las Vegas City Council voted unanimously to approve the Boring Company's plan to dig more tunnels under the city, following in the steps of Clark County, which in May gave a similar thumbs-up to the tunneling concern. The company's plan calls for 68 miles of tunnels and 81 stations, served by a fleet of Tesla electric vehicles, each able to carry three passengers at a time.

Despite the unanimous approval, Mayor Carolyn Goldman had a litany of concerns, including safety, low throughput of passengers, and a lack of accessibility. However, she said that "hotels are begging for transportation options."

The Boring Company owes its origin to a traffic jam that ensnared Musk in 2016. Incensed by having to sit behind other drivers, the billionaire decided the solution should be a network of private tunnels under cities, perhaps taking inspiration from Mad Magazine or the Usborne Book of the Future.

Enlarge / A Tesla car drives through a tunnel in the Central Station during a media preview of the Las Vegas Convention Center Loop on April 9, 2021, in Las Vegas, Nevada. (credit: Ethan Miller/Getty Images)

Elon Musk's tunneling company has permission to significantly expand its operations under the city of Las Vegas. Last month, the Las Vegas City Council voted unanimously to approve the Boring Company's plan to dig more tunnels under the city, following in the steps of Clark County, which in May gave a similar thumbs-up to the tunneling concern. The company's plan calls for 68 miles of tunnels and 81 stations, served by a fleet of Tesla electric vehicles, each able to carry three passengers at a time.

Despite the unanimous approval, Mayor Carolyn Goldman had a litany of concerns, including safety, low throughput of passengers, and a lack of accessibility. However, she said that "hotels are begging for transportation options."

The Boring Company owes its origin to a traffic jam that ensnared Musk in 2016. Incensed by having to sit behind other drivers, the billionaire decided the solution should be a network of private tunnels under cities, perhaps taking inspiration from Mad Magazine or the Usborne Book of the Future.