Your two options for filing your taxes are e-filing and paper filing. When deciding which one is right for you, keep in mind that e-filing is fast and convenient. Paper filing by mail is more affordable.

There may be a couple of reasons why you need to file your taxes via paper form. However, many taxpayers opt to e-filing. Truthfully, there are advantages and disadvantages for both. Below is some information so you can make an informed decision on which one is right for you.

Advantages of E-Filing

Immediate Confirmation

A huge advantage of e-filing is your quick confirmation that the IRS received your tax return.

If there are any errors, your e-file provider will notify you within 24 hours.

E-Filing Is Safe

E-filing is safer than paper filing. Advanced encryption technology protects your tax return information, keeping it secure. 

Faster Tax Refund

You’ll probably get your tax refund faster with e-filing. This is because the IRS won’t need to transcribe your tax return.

Advantages of Paper Filing

Paper filing may be the best option in some circumstances in which you can’t e-file. 

Boost Your Tax Preparation Skills

Online tax preparation sites automatically fill out your tax return by asking you specific questions. Using one of these tools will help you better understand the tax return process, specifically your tax situation.

Filling out your tax form line by line lets you see what equations are used to come up with your refund amount.

An Uncommon Filing Circumstance

There are uncommon filing circumstances in which e-filing isn’t an option. For instance, if you want to claim a refund for someone who has died, you need to file Form 1310. However, you must complete it via paper form. Additionally, paper filing lets you submit images and PDF attachments (if needed) with your tax return. 

The Bottom Line

When it comes to e-filing or paper filing, it’s a matter of personal preference. The IRS is highly encouraging everyone to e-file, simplifying the process to make it fast and easy. The rumor is that it will soon be required to e-file your tax returns. So, you should start getting yourself familiar now with the e-filing process.

Expert Tax Preparation Services in Denver

At Denver Tax Advisor, we help you fulfill your tax preparation obligations. Tax preparation is one of our major specialized services and we’re committed to giving you friendly, personalized attention. 

Our tax preparers meticulously examine your taxes, letting you know when credits and deductions are available. Our goal is for you to receive a maximum refund for yourself.

In addition to tax preparation, we also offer other tax services including personal taxes, business taxes, rental property taxes, trusts and estate taxes, tax liability reduction, and IRS problem-solving. As the top place for Denver tax preparation services, we stay up-to-date on all new tax laws to give you the best tax services. Depend on our affordable tax preparation service today and get an accurate tax return filed, keeping more of your money in your possession.