Wk8DQ2 - return is received and accepted either by mail or...

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Some benefits for electronically filing your taxes are: 1. E-filing is cheap and easy 2. You can get your money in less than half the time than if you were to file via mail 3. You can electronically file 24 hours a day, 7 days a week 4. Your tax return information is encrypted and transmitted over secure lines to ensure confidentiality 5. Electronic filed returns have 13 percent fewer errors than paper returns 6. You can have your refund direct deposited into your bank account 7. An acknowledgment is issued when your
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Unformatted text preview: return is received and accepted either by mail or e-mail. There are some draw backs to filing electronically, and they are: 1. Many people have to pay for the privilege to file electronically 2. E-filing does not work for anyone with a complicated tax form 3. In some cases you have to pay for the software to e-file and if you owe money it is like pouring salt in an open wound 4. It is possible for hackers to get your tax information as well....
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This note was uploaded on 11/21/2011 for the course PERSONAL F 101 taught by Professor Agnew during the Spring '10 term at University of Phoenix.

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