Six Reasons to File your Taxes Electronically in 2018
The IRS has announced the beginning of the 2018 filing season and that means all US taxpayers are taking a deep breath and preparing to fill out and file their tax return forms starting January 29th. Taxpayers can file their IRS forms electronically or by paper. E-filing taxes using an online document platform can significantly simplify this time-consuming and tedious process and has a number of advantages for both the taxpayer and IRS official.
Save time and plan life at your leisure
Tax season is a busy time of year. You’re probably thinking you’re in for another week of staying home, printing out and scanning your tax forms while calculating and cursing your tax-paying destiny. But if you choose to e-file, you’ll be able to plan your vacation even during tax season. Moreover, the time you spend filling out your tax forms will be cut to minutes instead of hours. E-file your tax returns from anywhere in the world, from any internet connected device.
Eliminate errors and file legible documents
Online document management platforms provide clients with powerful online tools which help users quickly fill out tax forms and reduce typos. This means your tax return won’t be rejected. Your information goes straight to the IRS database, eliminating any chance of human-processing error. Meanwhile your chances for receiving an early refund rise.
Get your refund faster
When you submit your tax forms electronically, the IRS receives them immediately. This streamlines the approval process and you’ll receive your tax refund faster. According to the IRS, e-filers with direct deposits can expect refunds in three weeks and those filing on paper have to wait up to eight weeks.
Keep all your information secure
A paper tax form sent by mail can be lost or stolen which can result in penalties and extra stress for a taxpayer. E-filing is a secure way to send your personal information to the IRS. Once the IRS receives your return, a submission notification will be sent. Just ensure that your tax software program meets the highest security standards.
When the tax season is over, you can store your tax documents in a secure cloud storage or an encrypted folder on your computer for future use. The IRS also recommends keeping a record of tax forms and supporting documents for at least 3 years after filing.
Convenient and easy-to-use
When filling out your tax returns electronically, you’re also eliminating several tedious steps at once. First of all, you don’t need to print out a form and fill it manually. You no longer have to deal with tons of paper or search for pre-filled forms around your apartment. Standing in long lines at the post office will become a thing of the past.
E-filing is the most convenient method for taxpayers of all ages. Online document management platforms help you prepare, store and submit your tax forms and supporting documents to the IRS quickly and securely. Search for the tax form you need in an online library of fillable forms, open it in an online PDF editor and quickly complete it using intuitive editing tools and an eSignature wizard.
Are you trying to be more eco-friendly? Start by reducing the amount of paper you use. The average American uses 10,000 sheets of paper every year which equals to 100-foot-tall Douglas fir tree. When you file your tax return electronically, you save trees and prevent air pollution by eliminating the use of petroleum for transportation.