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E-file Taxes -- It's Private and Secure

Check below for links to tax software options.

(ARA) - According to the Internal Revenue Service (IRS), the number of electronically filed tax returns surpassed a record in 2007 when nearly 80 million tax returns, approximately 60 percent of all individual federal income tax returns, were e-filed. Over 57 million returns came from tax professionals. More than 22.5 million taxpayers used software e-filing services from their home computers -- up almost 10 percent compared to the prior year.

But just how secure is the IRS' e-file system? IRS e-file transmissions are very secure because the IRS is extremely diligent in the design, development, analysis and testing of its infrastructure and systems. Perhaps the most telling is that, as of Tax Year 2007, nearly 800 million tax returns have been filed electronically since 1986 with no security incidents. In a nutshell, it is safe!

Yet, while there is a substantial portion of taxpayers who use tax preparation software to prepare their return -- a surprising number of these filers opt to print and mail their tax forms rather than using e-file.

"There are two predominate explanations why those who use tax software to prepare their return opt to mail rather than e-file their taxes. In some instances, taxpayers may have a lingering distrust of technology -- concerned the privacy of their data may be compromised. Still there are other taxpayers who simply feel their tax software service provider charges too much for e-filing tax data to the IRS," says Stephanie Behrends, spokesperson for 2nd Story Software, Inc., makers of the popular TaxACT tax preparation software and Web-based services.

Behrends continues, "The reality is that e-file eliminates most opportunities for mistakes and enables filers entitled to a tax refund to receive it faster. In fact, e-file increases a filer's control over their tax data because of the security and safeguards in place."

Indeed, when you e-file your taxes, there are a number of advantages.

But what about the high fees that some tax software companies charge to e-file your taxes? Behrends reveals not all software companies charge these fees. "TaxACT is a very unique tax preparation product. TaxACT Standard (Online or software download for Windows) is completely free tax software that enables all taxpayers to prepare, print and e-file a federal tax return -- no gimmicks, no rebates, no restrictions."

Are you thinking about using tax software to file your taxes -- helping you to conserve time, save money, and avoid making costly mistakes? Still have questions about e-file? Visit www.IRS.gov/efile for more information. More information regarding TaxACT may be found by visiting www.TaxACT.com.

Also, look below for other options for tax filing software.

Courtesy of ARAcontent

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