Customer Account Data Engine (CADE)
CADE is a modernized system designed to replace the IRS Master Files. It is being implemented as a solution to the posting and storage of taxpayer accounts and tax return data.
This is GREAT news because CADE will allow taxpayers to receive their refunds in as little as five days. CADE also makes it possible for Customer Service Representatives at the IRS to have access to accurate and up to date information. This will enable the IRS to be more efficient and helpful when taxpayers call with questions.
"For the first time in 40 years, the IRS is processing returns and issuing refunds on a new computer system," IRS Commissioner Mark W. Everson said. "We've waited a long time for this moment. While long overdue, this is an important first step in modernizing our return processing technologies."
Initially, CADE accepted the following types of returns:
Returns filed by single taxpayers with no dependents Returns with a refund or even balance Form 1040EZ Forms 1040 and 1040A with no attached forms or schedules By August 25, 2006, CADE had posted in excess of 7.35 million returns, 6.59 millions refund returns, and a total of $3.42 billion in refunds. Sometime in January the CADE population is expected to expand. For the first time CADE will accept:
Married filers (both jointly and separately) Head of household Filers with "clean" dependents Additional schedules and their supporting forms