Friday, January 2, 2015

e Filing Taxes History

e Filing Taxes History

Now that virtually everyone has joined the free efile tax return movement, it’s difficult to envision the not-so-distant past where filing taxes, federal and state, involved laboriously filling out forms by hand and shipping them off to the Internal Revenue Service (IRS) by snail mail. As you prepare to file your 2014 taxes through MyTax-Back.com, take a moment to reflect on the history of e filing to better appreciate the ease and efficiency of electronic filing taxes, state and federal.

e filing taxesBefore you could efile taxes online, it wasn’t just harder on tax payers to prepare taxes, it was far more difficult for the IRS. Each form had to be double and triple checked for mathematical and human error. This required a lot of manpower to file tax returns and process them. As the use of computers in business became more widespread in the 1980s, the IRS began to consider the benefits of offering federal efile and state efile services. In 1986, the IRS, in conjunction with five preparers, did an efile online test run.

That first experience with e file tax returns was a lot different from how you efile your taxes today, but it showed such promise that the IRS continued to develop the process. In 1987, the direct deposit component was added, which sped up the turnaround time for receiving refunds. By 1990, individuals could efile free taxes without the assistance of a preparer through tax software like MyTax-Back.com.

Today, the majority of the American population chooses to e file free or at a cost that is far lower than hiring an accountant to do the work. MyTax-Back is proud to be a certified IRS e-File provider and is designed to find hundreds of potential exemptions and credits you might otherwise miss when you file tax returns. Electronic filing has never been easier, and the days of laboriously preparing your forms by hand are firmly in the past. Let MyTax-Back guide you through the e file process and maximize your potential return.

Start Your New Year Off Right by E Filing Taxes Now!

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