Paper Or Plastic: A Look At The Benefits Of Electronic Filing

Nowadays nearly everything can be done online. You can shop for clothes, find a repairman, and even upload a grocery list to Target and then simply go pick up your purchase at customer service. Most monthly bills can be paid online, as well as delivered to you electronically. Many corporations are “going green” by making the transition to a paperless office and simply storing files online. Reducing the amount of paper that piles up is helpful to the environment and also reduces office clutter. There are also ways you can implement these practices in your personal life and enjoy the benefits of the internet.

Electronic filing your personal return may be an option that helps you go green personally. In some cases you may even be able to file your own return. But be careful on this front – using a professional tax preparer often means thousands of dollars in savings even with simple returns.

Electronic filing of your income taxes may not be the best option for you, but if it is, you can enjoy the following benefits:

  • Tax software helps in accuracy, is more efficient, and most programs are user friendly enough that for simple returns the process is relatively easy.
  • Filing online is faster than paper filing, which will speed up the time it takes to process your return and issue a refund.
  • For those of you that owe additional taxes, you can file online prior to the April 15th deadline and set up automatic payment drafts to cover the liability due.

A common concern with online filing though is the issue of privacy. For many, entering personal information into a computer raises questions of online security. The software programs available for purchase as well as those used by tax preparers meet online security guidelines. This ensures your information remains secure and the filing process is safe. If you have questions about which method of filing an income tax return is best for you, speak with a tax professional for answers.

Let the professionals at Nielsen Law Group help you make sure your return is not only prepared properly, but that you choose a filing method that works for you. Call (480) 888-7111 or submit a web request here.