Welcome Guest. Register Now!  


For 2009 Tips for tax year 2009


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 09-10-2009, 11:58 PM
TaxGuru's Avatar
Tax Guru
 
Join Date: Jan 2007
Location: New Jersey, USA
Posts: 2,398
Blog Entries: 3
Why should Taxpayers E-File their Tax Returns in 2009?

Most tax professional now agree that to E-file a tax return is both most convenient and efficient way to file a tax return. Some of the benefits of E-filing a tax return are discussed below.

1. Accuracy
IRS studies show that "e-filing greatly reduces errors on your return and the chances that you will receive a error notice from the IRS. The IRS published studies show the error rate of e-filed returns is reduced to 1%, versus 20% for paper returns.

2. Security
A taxpayers privacy and security are guaranteed. A taxpayer can choose a five-digit PIN as their unique electronic signature.

3. Proof of Acceptance
The IRS will send the taxpayer an electronic acknowledgment within 48 hours that it accepted your return. If the IRS has not accepted a taxpayers tax return, the IRS will send that taxpayer a rejection notice that will show the errors it found on that particular tax return.

4. Fast Refunds
Taxpayers will receive their refunds twice as fast as with a paper return.A taxpayers is still able to file a tax return on paper, but a paper filed tax return will take longer to process and that taxpayer will have to wait longer for any potential tax refund that may be due to that taxpayer.

__________________
Find a CPA near you!

Ask TaxGuru Please refer to the legal disclaimer.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Will Taxpayers be entitled to the New Jersey Property Tax Rebate in 2009? TaxGuru New Jersey 0 06-10-2009 09:12 PM
Can taxpayers claim the tax credit in 2008 for a home bought in 2009? TaxGuru Homeowner Tax 0 01-29-2009 03:02 AM
IRS will enable Taxpayers to access tax returns by computer. TaxGuru For 2008 0 06-25-2008 05:44 PM
When are the quarterly estimated tax returns due for individual taxpayers? Tanya Estimated Taxes 1 01-04-2008 02:37 AM
Why Delinquent Taxpayers should file Individual Tax Returns as soon as possible? TaxGuru Filing Requirements 0 11-08-2007 09:58 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning