iling your taxes is easier simply have to gather your W2s,
than ever with eFile, the 1099’s and other documents and
online tax filing service you’re ready to go. Usually,
provided by the IRS. Although you’ll be using tax filing
there are many people who still software or web-based programs
file the traditional way by snail online. These programs will walk
mail, as many as 73 million you through the steps, including
taxpayers filed their taxes the forms you will use, like the
online in 2006. In fact, there is 1040A or 1040EZ. And if you need
little reason to ever mail your help, all you have to do is click
taxes in again. a button. Even individuals who
have never filed taxes before can
The Benefits of Online Tax quickly fill in the blanks with
Filing the step-by-step instructions
given.
Each year, the benefits of online
tax filing gets better and If you prefer to file your taxes
better. For example, in 2007, the with an accountant or tax
IRS has set up “Free File”. This specialist, eFile will come in
program allows individuals who handy when it comes to receiving
make less than $52,000 a year to withholdings or paying taxes that
file their taxes online free. In are due. To use eFile, just tell
other instances, the price of your tax professional that you’d
filing online is as low as like to eFile your taxes this
$19.95. year. When you file your taxes
online, you have the choice of
Other than the price of online receiving your refund by direct
tax filing, you’ll find that deposit. Simply fill in your
filing your taxes on your own is routing number and checking
much easier with eFile. You’ll account number when asked. The
best part is that your money will all the necessary documents such
arrive in about half the time it as your W2’s, 1099’s, receipts,
normally takes. Plus, you can checking account information (for
skip the line at the bank! direct deposit) and last year’s
tax paperwork. Your tax
What You Need to File Your professional will do the rest.
Taxes Online Just remind him or her that you’d
like to eFile.
If you decide to file your taxes
via your home computer, you’ll The Bottom Line
need internet access, your social
security number, W2s and 1099s With the online tax filing
and documents for your programs the IRS has put in
deductions. You should also have place, there is nothing to lose
last year’s Adjusted Gross Income by filing your taxes online.
ready as a security check. There is no risk of mail getting
Finally, visit the IRS website lost and never reaching its
for a list of sites that offer destination. Step-by-step
online tax filing for little or instructions will help you avoid
no charge. Once you choose the mistakes and help is available
right place, just fill in the instantly. In addition, paying
blanks and select “eFile” when taxes is much easier and
asked. If you choose to receive receiving a refund is much
your refund by direct deposit, quicker. You’ll save yourself a
have a personal check ready so lot of time and hassle,
you can type in your routing and especially if you usually file
account numbers. taxes on your own. Simply put,
online tax filing is the new
If you choose to have your taxes standard for filing your income
filed by a tax preparer, bring in taxes!
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Robert Shaw
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