Slowly, but surely, more and more people are starting to switch from the traditional methods of doing taxes to doing taxes online. In some ways, it really is no surprise; it is a quicker, more efficient, cheaper and saves a lot of time. Since it is still a fairly new technology however to go online and do taxes for the IRS via e-filing, people are still at times a tad hesitant to make the switch. Once they make the switch however: they never wish to go to the old fashioned way of doing it.
Online tax preparation is a very quick and efficient method of doing taxes. The e-filed tax forms are received by the IRS much quicker than forms done by hand. There is no need to scramble through various forms; they are all online and easy to select. This makes it so simple, much more efficient and is a much quicker process as a result saving people time and money. The only thing that stays the same is how long it takes for the IRS to get the refund back to the people because they still need to check one by one that all the information is correct. The IRS wants to make sure it gets the right amount of payment.
Online preparation is much cheaper. Normally to go to a tax professional would cost about $100 to prepare taxes. If done online however the tax preparation process is much cheaper than before: usually about $15 and there still are many tax professionals depending which software or website you choose to go to for doing your taxes that can address any concerns that you may have. This way, your taxes can be done in a cheap and efficient manner while being accurate.