In 2011, two out of three taxpayers will file their 2010 taxes online. Here’s 7 reasons why filing your taxes online is better than mailing paper forms…
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Avoid mistakes & lower your audit risk! The IRS estimates around 20% of paper returns have errors (compared to 1% of e-filed returns). The best tax software programs and online tax filing sites help you avoid mistakes by filling in forms for you, automatically calculating everything and double-checking your return for errors.
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Get your refund in as fast as eight days! When you file taxes online and elect to have your refund direct deposited, you’ll get your refund in 8-14 days. No need to wait weeks for a refund check in the mail.
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Feel secure knowing the IRS received your return! Paper returns can get lost, stolen, destroyed or delayed in the mail. However, when you e-file your taxes, you’ll get a confirmation that the IRS successfully received your federal tax return.
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Filing your 2010 taxes online is safe & secure! Sites that let you e-file your Federal income tax return are certified by the IRS. They use the highest levels of security to encrypt and protect your information. In fact, filing your taxes online is safer than mailing them, because you don’t risk having an identity theft stealing your tax forms from the mail.
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Tax software and tax preparation sites find you more credits and deductions! TurboTax, H&R Block At Home and TaxAct interview you as an accountant would to help you find the most credits and deductions. In fact ,they guarantee you’ll get the biggest refund possible when you use their products.
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E-filing your taxes is easy – even for beginners! You don’t have to be a computer or tax expert file your taxes online, because their software takes you by the hand and guides you through the entire process.
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You can e-file your taxes for FREE! The best e-file services let you prepare, file and print your Federal tax return for free. Some sites charge extra for complex returns (i.e. for home owners, business owners, investors, etc.) However, if you’re looking for 100% free tax filing for simple or complex Federal returns, I recommend TaxAct. Their Free Federal Edition includes all e-fileable forms, and includes free email and audit support.
#4 – H&R Block