Online Taxes

    States and Feds go paperless to save at tax season

    Kelly Phillips Erb Filed Under: , , ,

    Money may not grow on trees -- but cutting back on paper sure saves money. At least that's what a number of states are saying this year.

    This year, states are encouraging the use of electronic filing for individual income tax returns by cutting back on the distribution of printed income tax forms in an effort to save money. While some taxpayers may complain, it's a decision that makes sense.

    Consider these national statistics: last year, the IRS processed more than 140 million individual income tax returns. Two out of three of those returns were filed electronically.

    E-filing tips that should save time, if not money

    Kelly Phillips Erb Filed Under: , , , , ,

    If the trend in e-filing continues, the IRS expects more than 100 million individual taxpayers to file their tax returns electronically for the 2009 tax year.

    More than one-third of those taxpayers will file by personal computer; the remainder will use a professional tax preparer or free file at an IRS site. No matter how you choose to e-file this year, following are some tips to make it as easy as possible.



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