According to taxation experts, electronically filing your return to the IRS is modern, efficient, and hassle free as well as completely secure. All a tax payer needs to do is:
As soon as you e-file you will get a confirmation from the IRS or a rejection notice. This will happen within 24 hours of filing. If you do receive a rejection, there will be clear instructions on how to correct the errors. And e-filed tax returns are processed much faster.
Although e-filing of tax returns is a dream come true for most people one cannot use e-filing if:
With e-filing there are fewer errors and returns are processed quickly. In the US over 65% of tax returns were filed electronically. It cuts out the rush and standing in long serpentine lines. In depth details on e-filing of tax returns are available on : http://www.e-file-online.com/tax-help.html and http://www.irs.gov/efile/article/0,,id=118986,00.html .
The IRS has set up a Free File program where you can file tax returns electronically if you are eligible. The IRS website has information as well as instructions. If you do not qualify for free filing you will need to use services like H&R block to file your e-returns. It is best not to wait until April 15th to file tax returns. If you do it well in advance you will not have to face overloading of systems or computer crashes.
Many individuals use available tax filing software to file their own electronic tax returns others take the help of qualified tax professionals. Whatever path you choose you must begin early, be systematic, and file your tax returns well before the last date.
Barry Allen is a freelance writer for Online Tax Firm, the premier website to find tax, return tax, tax software, free tax filing, sales tax, services tax,income tax, property tax and many more.