Overview

Instant Return Submission

Elizabeth DeSmidt EA – Bookkeeping and Tax Service has been utilizing the IRS’s e-file service for over 10 years.

Last year, nearly 100 million taxpayers opted for the safest, fastest and easiest way to submit their individual tax returns — IRS e-file. Since 1990, taxpayers have e-filed nearly 1 billion Form 1040 series tax returns safely and securely. E-file is the norm.

Elizabeth DeSmidt EA – Bookkeeping and Tax Service has been utilizing the IRS’s e-file service for over 10 years.

There are several advantages to the customer in electronic filing, including:

Faster Turn Around Time

By eliminating mailing, handling, and keying in of returns, they are now processed more quickly and retrieved rapidly.

Improved Accuracy and Audit trails

By eliminating the manual keying in of tax data and by implementing a series of computer checks and validations, the system allows more accurate processing of tax data. Specific problem fields are more easily identified.

Reduced Processing Costs

There will be cost savings as a result of the reduction in duplicated manual processing, that substantially reduce compliance costs for the customer along with a better distribution of the workload for employees. Staff resources will be redeployed to other areas e.g. customer service.

Other Potential Savings

There will be a reduction in costs associated with procurement, printing, postage, storage, replacement, stocktaking and distributing printed forms.