For many Americans, tax season will tax the nerves, take a lot of time and maybe cost a bundle, too. Happily, there are ways to make doing taxes a lot faster, stress free and, possibly, cost free.
This is all possible because a tax industry maverick has broken down the barrier to free tax preparation. Customers can now e-file their returns without charge as well as prepare and print them for free.
A number of good reasons exist for filing your taxes online, including these:
It?s definitely faster. Designed in an easy-to-understand Q&A format is the software. Asking intelligent questions is what it does and it also sorts out the tax code so that you don?t have to.
Unlike preparing your taxes by hand, it is a lot easier. There?s no more erasing or whiting out. Not to mention that users can also start their return and then save it to pick up again days or weeks later. How convenient.
Fewer mistakes will also be made. Many programs flag mistakes and incomplete information.
It costs less. Less expensive than using an accountant is filing returns online. As for the software, it can be affordable and even free in the case. There are taxpayers that can file online for free at the IRS Web site, but ALL taxpayers can electronically file online for free.
There are faster refunds. Even though it can be months for your mail to return in, the average return time for e-filers is less than two weeks.
Also associated with completing and filing your returns is when you file online this way. Don?t forget that the software also contains all of the forms as well as schedules and worksheets you?ll need to prepare your federal tax return quickly and easily.
This year?s edition features a simple seven-step process with reliable reference tools and automatic flags for inaccurate information to make the process convenient, speedy and reliable. What it does is automatically collects information for state returns, which makes preparing a state return just as fast and easy.
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Source: http://thefinancenewstoday.com/2012/02/17/why-you-should-fill-your-taxes-online/
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