Saturday, March 12, 2011

e-file Tax Return IRS News; File Taxes Electronically OnLine to Receive 2010 Tax Refund; Government Benefits Notes for Tax Returns

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Tax season is upon us and government data reveals that the number of Americans that are filling their taxes electronically increases every year. Approximately 70 percent of Americans will be completing their taxes on line this year by e-filing. Americans that e-file can expect that they will receive their 2010 tax refund in as little as ten business days and it can be sent direct deposit. Americans are choosing to e-file more now than ever before due to the efficiency and lack of paperwork processing. The IRS utilizes encryption technology so as to safeguard information that is sent electronically. Approximately 95 million Americans are already utilizing the IRS e-file option according to government statistics. In addition, more Americans are motivated to utilize free tax software to prepare and e-file their tax returns. The stipulation this year is that free e-file is available only if your adjusted gross income is equal to or less than $58,000 dollars for the 2010 tax year. According to the IRS, almost 900 million Americans have e-filed tax returns safely and securely since 1990. Accessible forms and information about this process can be found at the IRS website located at IRS.gov. It is expected that more Americans will e-file this year than in any other year prior. Author: Stephen Johnson

e-file Tax Return IRS News; File Taxes Electronically OnLine to Receive 2010 Tax Refund; Government Benefits Notes for Tax Returns



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