There has been a push over the past few years to turn tax preparation into a paperless process. Now the government is driving the change. Beginning in 2011, tax and accounting firms filing more than 100 tax returns are required to file taxes electronically using the IRS e-file system. In 2012, nearly all other firms will be required to file taxes electronically as well. How does this benefit you?
- It will help the IRS regulate compliance among professional tax preparers, which is predicted to help strengthen the integrity of the profession (offering you better peace of mind while working with a tax professional).
- You will likely save time and money: the process to file taxes electronically is requires less administrative manpower and less lag time than traditional filing methods.
- You get the best of both worlds: when you file taxes electronically with Cut Your Tax, you also secure a comprehensive review by a CPA tax attorney equipped to handle complex tax issues (not just a tax preparer).
With basic online tax preparation services, corners are often cut. This could have drastic consequences for those with sophisticated financial portfolios. At Cut Your Tax, you can file online without sacrifice.