Tax Tip: File Electronically - KOTA Territory News

Tax Tip: File Electronically

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Here is a tax tip that benefits everybody: file electronically.

Jennifer Konvalin, Partner at Ketel Thorstenson says filing electronically is faster and more secure than filing by paper.

And if you have your refund direct deposited into your bank account you can get your return even faster.

She says you also get conformation that the IRS has received your tax return, which can save you from late fees and lost documents.

"Filing by paper, it takes longer to get there, you don't always know that it's gotten there. You're social security number and all your information is on that return so with identity theft being up, paper filing just isn't' as secure as e-filing is any longer," says Konvalin.

 

Konvalin says the IRS claims to issue a refund within 21 days when filing electronically, compared to six to eight weeks by filing with paper.

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