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IRS e-file Key Messages for Tax Professionals

 

The IRS is making it easier than ever for you to take care of your clients’ taxes electronically.

1. IRS e-file is expanding and improving every year.
  • Corporate and tax-exempt clients are now eligible for e-file - in fact, some may be required to file electronically.
  • Ninety-nine percent of individual forms and schedules are available for e-file.
  • The most common business forms are all available for e-file, and the IRS is adding more every year.
  • You now can do things better, faster and cheaper through our online resources. Completing tasks electronically – such as applying for EINs or checking clients’ refund status – can save time as well as printing and mailing costs.
  • Electronic payment options include Electronic Federal Tax Payment System (EFTPS), credit cards and electronic funds withdrawal.
  • E-Services is a suite of Web-based products that allows qualified preparers to do business with the IRS electronically. 
2.  Preparers who’ve switched to IRS e-file say it was well worth it.
  • Preparers who e-file can save money on paper, printer cartridges, postage, envelopes and staff wages.
  • Tax preparation software retains client information from year to year, saving the time of re-entering that data each tax season.
  • Research shows that preparers are highly satisfied with IRS e-file.
  • In 37 states and the District of Columbia, taxpayers can use the Federal/State e-file program, through which taxpayers can electronically file federal and state income tax returns together.
  • In states where certain practitioners are required to e-file state tax returns, consider e-filing your clients’ federal forms as well.
3.  IRS e-file and e-pay can help create loyal, satisfied clients.
  • Clients want to know their taxes are error-free and done.
  • Getting proof of receipt within 48 hours lets customers know the preparer has accurately and quickly completed the process for them.
  • Preparers who electronically file their clients’ returns provide them with a 99 percent accuracy rate, which is greater than those who only prepare tax returns using software and then print and mail them to the IRS.
  • Electronically filed returns are in the IRS systems precisely as you created them versus having data re-input by the IRS.
  • With IRS e-file, mistakes are caught that otherwise wouldn’t be detected until weeks, months or even years later.
  • Clients receive their refunds in half the time as paper filers. And, if they choose Direct Deposit, they'll receive their refund even faster. 
  • If clients owe the IRS money, they can e-file any time during the tax season and delay payment through automated withdrawal to as late as April 17, 2006.