WASHINGTON — Most Americans file their taxes electronically now, but the Internal Revenue Service still handles more than 100 million paper tax documents a year. Lockheed Martin will fix that.
The Bethesda-based contractor’s Information Systems & Global Solutions business has been awarded a contract to streamline the paper pipeline at the IRS.
Lockheed will operate and maintain two IRS systems under the Paper and Remittance Processing Support contract.
One system converts individual and business paper tax filings to electronic forms. The second is a data capture, management and storage system using high-speed scanning and digital imaging to process tax documents.
The 5-year contract with Lockheed is worth about $100 million.
