Why You Should E-file Your Taxes

In a fast-paced world as technologically-advanced as ours, manually filing your taxes can feel like using a fax machine verses sending an email. While some people still opt for the manual route, there are countless benefits to e-filing your tax returns.

Most of the time, e-filing means you get your tax refund faster than filing a paper return mostly because you don’t have to wait for the IRS to receive your paper return. Instead, your return reaches the IRS almost as soon as you approve us to transmit it. Also, if you choose direct deposit, you’ll get paid sooner. Typically, the IRS will confirm that they have received an e-filed tax return within 48 hours.

If for some reason your return is rejected you’ll be notified quicker, so you can fix the mistakes and re-transmit your corrected return.

Even the process of filling out your tax return can be quicker because our software guides you through each step with easy-to-answer questions. Then it takes care of the math for you allowing you to complete your return quicker and easier.

Within 48 hours, the IRS will typically confirm that they have received an e-filed tax return. This confirmation is made available within your account.

Accuracy and Ease
Having an error or miscalculation on your tax return can prolong the time it takes for a refund to be processed. Fortunately, our tax software can help you to avoid mistakes by making the calculations and doing all the math for you. Our software guides you through every section of your return and gives you the opportunity to return to different sections if necessary.

We also walk users through parts of the Affordable Care Act that require tax reporting, such as whether you had health insurance during the previous year (more here).

Flexibility and Convenience
With our software you can pay your tax bill directly from your bank account alleviating the hassle of mailing a check or a money order. However, those who wish to mail a check or money order can still do so, even when e-filing their return. In other words you are free to choose the payment option that is best for you.

The IRS has now safely processed over a billion tax returns. Eventually it may be the only way in which taxpayers are permitted to file.



Q&A: How long does it take for a tax return to be accepted and refund processed?

After you file your tax return electronically, you may receive a notification that it is "pending". This is a temporary status that is often sent when e-filing a return and waiting for an "accepted" or "rejected" notification. Typically, the acceptance/rejected notice is sent in no more than 48 hours after receiving the return.

Once the return is accepted, you need to wait for the tax refund to be processed. This can take place in as little as 21 calendar days after e-filing, and sometimes even faster. For paper returns, you may have to wait six to eight weeks for any refund to be processed.