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Six Reasons Why You Should File Now vs. Filing for an Extension
Source:
huffingtonpost.com
- Apr 1, 2014
Every April, taxpayers procrastinate and wait until the last minute to file their tax returns. According to the IRS about 28 percent of taxpayers wait until these last weeks to prepare their taxes.
If you're among those that procrastinated this year, here are six reasons to file your taxes before the April 15th tax deadline.
Faster refunds. One of the most common reasons to e-file your taxes before the tax deadline is to receive your tax refund as soon as possible. Last tax season about 75 percent of taxpayers received a tax refund close to $3,000. Filing your return electronically with direct deposit into your bank account is the fastest way to get your precious tax refund! It can take up to several weeks longer for paper returns, but according to the IRS, 9 out of 10 taxpayers that e-file with direct deposit receive their tax refunds in 21 days or less.
It's easy. You can easily and accurately file your federal taxes online in the comfort of your own home, and for the millions of taxpayers with simple tax returns you may be able to file for free, saving you hundreds of dollars versus going to a tax store.
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Category: General Business
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