from www.moneycentral.msn.com
What are the upsides and downsides of filing taxes electronically?
E-filing is fast - a good thing if you are getting a refund. If you owe money, however, you may not be in such a hurry. In that case, sending a check in an envelope postmarked with the due date is probably fast enough.
Another downside to e-filing is that the IRS seems to be auditing a higher percentage of e-filers, especially those with large refunds. Many people are happy to stay with old-fashioned paper filing rather than risk being exposed to higher scrutiny.
for additional information contact us at www.taxadvocacyllc.com
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