Save Time and Money with e-File
Are you thinking about filing your tax return electronically? You won't be alone. More than 60 million taxpayers chose to e-file last year. E-filing offers taxpayers several advantages and a number of different filing options, reports the Colorado Society of CPAs.
KEY BENEFITS OF E-FILING
When you e-file, the IRS computers automatically check your return for errors and missing information, which leads to more accurate returns. And the IRS sends an acknowledgement confirming the receipt of your return within two days. In addition, refund checks are received in half the time with e-filing, even sooner if direct deposit to a bank account is chosen. Owe money? There's an additional benefit. Taxpayers who owe the IRS can file their returns early and delay payment until the due date.
E-FILING USING AN AUTHORIZED PROVIDER
One way to file your return electronically is by using an authorized provider. An authorized provider can complete your return, filling in the electronic forms and e-filing them with the IRS. Or, you can complete your return on your own