Filing a tax return in Kissimmee can take ages. The process is not only lengthy but also complex. So how do some business owners manage to file their taxes in just a couple of minutes? Do they have a really good accountant? The accountant might be skilled and may be able to simplify the process, but this does not decrease the time it takes to file the taxes. Filing tax returns involves lengthy durations of time, but only when you opt for a paper based form. File it online, and it is not going to take more than a few minutes.
It was in 1986 that e-filing was first introduced. That year only 25,000 tax returns were filed online. As the advantages become more apparent, many people switched to e-filing their tax return in Kissimmee and the rest of the country. In the year 2005, the number of online tax returns was almost 68 million, which actually represents more than half of the returns.
Considering the above stats, it is quite apparent that e-filing a tax return in Kissimmee has its advantages. The option allows you to file your tax directly with IRS in a quick and easy manner. Here is why e-filing has become so popular and is regarded as a great option for business owners.
If you are interested in e-filing your tax return, you will require an online tax software which is available at a very modest price. In some cases, the software is absolutely free and you only have to pay the processing fee to get your return filed with the IRS. On an average, around $10 are incurred for the short form and around $50 are incurred for the long form. Use a paid tax preparer and you will have to pay twice the amounts.
Convenient and Easy
The e-filing process is very simple and straightforward, and there are no associated complexities. You may require software but these are completely web-based and you will not have to go through downloading and installation. Most of these programs work like any standard browser and carry you forward through a couple of pages in which you have to enter all the details.
Register for an account and you will be able to fill out the form wherever you want and whenever you want. An internet connection is all you need, and you will be done with your tax return in just a short while.
E-filing your tax return in Kissimmee allows you to receive your refund in a fairly short time, which is nearly half compared to the processing times associated with paper-based returns, if you choose the bank deposit option, you will be able to receive it even quicker. On an average, this should take around 10 to 15 days. For paper based tax returns, processing can take as much as six weeks.
When you e-file your tax return, the system automatically checks it for errors. You should not really have any issues with the IRS after this.
If you need more information about our Kissimmee accounting and tax services, please contact us at 407-502-2400. Freedomtax Accounting’s staff has been providing honest accounting services and tax services for 15 years. Our Orlando accounting and tax firm has its main offices in Kissimmee, FL. Our services are provided nationwide, but mainly in the Central Florida market to areas like Orlando, South Orlando, Kissimmee, St. Cloud, Poinciana, Clermont, Davenport, and Hunters Creek, FL. Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin numbers, incorporations, and non profit 501c3 tax exempt status applications.