Every return transmitted is acknowledged by the receiving agency (such as the IRS) via the return of an acknowledgment (ACK) file to the transmitter. The acknowledgment file is a record of whether the [..]

Preparers must use an online application to apply to participate in the IRS electronic filing program. Preparers must complete the application only once, unless the preparer changes his name, address, [..]

A business rule or reject code is a number that represents an invalid condition within an electronic return record. The IRS or state validation program sets business rules and reject codes and then li [..]

A DAN is the number that a financial institution uses to define an account.

A direct state (or independent state) means the state tax return is transmitted directly to the state. After the return has been transmitted to the state, Thomson Reuters can pick up acknowledgments d [..]

A drain occurs each day when transmitted returns are gathered by the receiving agency for processing.

To file Form 5500 electronically through the EFAST2 all-electronic system, you must complete registration through the EFAST2 website: efast.dol.gov

An EFIN is a six-digit number assigned by the IRS to accepted Electronic Return Originators (EROs). The EFIN is also used as the first six digits in the 11-digit preparer Personal Identification Numbe [..]

An electronic filing transmitter is an entity that receives electronic returns from preparers and transmits the returns to the taxing authority in a format the taxing authority can process.

An EFT is the use of direct deposit or electronic funds withdrawal (EFW).