Electronic Tax Filing

March, 2015

If you are thinking whether to e-file or paper file your income tax return this year, here are a few advantages why electronic tax filling is a much better option. The number one advantage of electronic tax filling is speed which is most favourable if you are expecting a refund from your tax. Once you submitted your income tax return online, the Internal Revenue Service immediately receives and processes it. This makes your waiting time much lesser than when you paper file it. Electronic tax filling also gives you access to helpful tools, like a calculator, that prevents major mistakes from happening. Another convenient advantage of e-filling is your access to all the forms you need in filing your income tax return. What more, these forms are updated quicker and earlier than their paper counterparts. Lastly, e-filling saves you a trip to the post office which can be pretty time consuming.