Consumers can access a wealth of tax information, obtain relevant tax forms, and prepare and file tax returns at one convenient online location. Finance for all of their tax needs, while saving time and reducing hassle in the process.
Finance can reduce the stress typically associated with tax time.
The Tax Center also offers a variety of tips on tax topics, ranging from dealing with capital gains to filing an extension. Consumers will be able to browse from a variety of state profiles in order to receive in-depth information on the tax needs of each individual state. According to Forrester Research, an estimated six million U.S. households will prepare their own tax returns online in 2001. The IRS estimates that filing taxes electronically usually results in a refund delivery that is twice as fast than when filing by mail, and taxpayers who electronically file and request direct deposit of their refund receive it in as few as eight days. According to the IRS, the error rate for electronic returns is less than one percent while the error rate for paper returns remains steady between 20 and 21 percent.