How Much Faster Is Electronic Tax Filing?
According to the Internal Revenue Service (IRS), more than 95 million people e-filed during tax year 2009. There are a number of reasons why many Americans are choosing to e-file in lieu of the traditional paper filing. E-file provides benefits such as security, return receipt confirmation and error checking. In addition, electronically filed returns are processed at a much quicker rate than their paper-filed counterparts, for a variety of reasons.