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Like many Americans, you may be thinking about the looming deadline for filing your income tax return. But, did you know that you can simplify the process by using a free tax e-file service to file your taxes? Of course, free tax e-file is just one of many ways to go about filing your taxes, but when you consider the possibilities, it’s obvious that e-filing is the best way to go.
Let’s compare the different tax filing methods to see how they stack up against a free tax e-file:
1. Completing your own hard-copy return.
This is the longest and most tedious way of preparing your taxes. You’ll have to spend hours with a calculator, tax tables, and a bazillion bits of assorted paper. Plus, there are no guarantees that you’ll get it right.
If you do make an error, you might not get the full refund that you are entitled to receive. What’s worse, you may even end up owing money to the IRS. If you mistakenly under calculate the amount you owe, you might have to repay this amount with interest later on if the IRS discovers your mistake during an audit.
Using a free tax e-file service eliminates the need to perform mental acrobatics to get your taxes right when you calculate them manually.
2. Hiring a tax preparer.
Paying someone to do you taxes for you is certainly easier than preparing your own paper return, and a tax expert will probably prepare your return more accurately than you can on your own. But human error is still possible, and chances are the accountant uses some form of e-file software too, which isn’t being made available to you for free.
If you use a free tax e-file service, you can save money, and your return is likely to be highly accurate. The program will do all the hard work of calculating your taxes.
3. Obtaining a tax preparation program to install on your computer.
There is simply no reason to spend your cash on this kind of e-file program. It’s not any more accurate than a free tax e-file, so why waste your money?
Also, it’s important to realize that tax laws change annually, so this kind of program will be obsolete pretty quickly. You’ll have to spend more money every year just to buy program updates. With a free tax e-file, you can trust that the calculations are accurate and are updated according to current tax laws and regulations.
By now it should be apparent that the easiest way to file taxes is with a free tax e-file. You’ll save time, and you’ll save your pocketbook. Just as importantly, you’ll file an accurate return without the stress and headache that usually accompanies tax time, and if you’re eligible for a refund, you can have it direct deposited to your account in just days.
There are simply no drawbacks and tons of benefits to using a free tax e-file service. You’ll have the opportunity to save your return to your computer, or print a copy for your paper files. A free tax e-file takes that headache out of filing your tax return.
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