Most Taxpayers Can File Immediately.

The Tax preparation Miami firms are ready for tax season and the Internal Revenue Service opened the 2012 electronic tax return filing season yesterday with a reminder to taxpayers that Income tax preparation Miami and e-file remains the best way to get fast refunds and ensure accurate tax returns.

IRS e-file has surpassed the milestone of 1 billion returns processed, according to Accountants in Miami a Tax Accountant Miami. The Tax preparation Miami electronic transmission system revolutionized the way the IRS processes tax returns and made speedy refunds possible. More than 112 million Income tax preparation Miami returns were e-filed last year, or 77 percent of all individual returns filed.

“E-file is the best option for taxpayers. E-file enables taxpayers to file more accurate returns and receive their refunds quickly and safely,” said Tax Accountant Miami Accountants in Miami.

In general, for people concerned about security, e-file has proven itself year in and year out as a safe and secure method of Tax preparation in Miami. E-file has a proven track record. Software vendors and paid Income tax preparation Miami use the latest encryption technology. Plus, within 48 hours, an electronic acknowledgment is issued that the return has been received by the IRS and either accepted or rejected.

With most people receiving a refund, the fastest way to get a refund is by e-filing and using direct deposit. Taxpayers can get their money automatically in as few as 10 days. Last year, more than 79 million refunds were electronically deposited into taxpayers’ accounts, saving them a trip to the bank.

Income tax preparation Miami

Tax Accountant Miami wants you to know that for people who owe taxes, e-file offers payment alternatives such as filing now and scheduling payment on the April tax deadline. Taxpayers who still want to pay by check can do so by e-filing and then mailing a payment voucher.

Taxpayers can e-file their tax returns in one of three ways: through a Tax preparation Miami firm, through self-preparation software, or through IRS Free File. The IRS does not charge for e-file. Many Income tax preparation Miami firms and software products also offer free e-filing with their services. Free File offers free tax preparation and free electronic filing.

Starting this filing season, any paid Tax Accountant Miami who prepares and files more than 10 returns for clients generally must file the returns electronically. Taxpayers are encouraged to use Tax preparation Miami firms who offer IRS e-file.

Taxpayers should also only use Income tax preparation Miami firms who sign the returns they prepare and enter their Preparer Tax Identification Numbers (PTINs). Tax Accountant Miami firms are required to sign the returns they prepare and include their PTINs. Although paid Tax preparation Miami firms sign returns, taxpayers are legally responsible for the accuracy of every item on their return. Income tax preparation Miami firms are also required to give taxpayers a copy of their returns.

When using an e-file, you also use an e-signature and an electronic filing PIN. If you prepare your own return using the software you must use the self-select PIN method on the return. When using a paid Tax Accountant Miami, you can still use the self-select PIN method or the practitioner PIN method. The Electronic Filing PIN is a temporary PIN used by the IRS to verify your identity when you e-file.

IRS Free File, which has been making taxes a little less taxing for a decade, also begins today, Jan. 17. Everyone can use Free File, either the brand-name software offered by IRS’ commercial partners or the online fillable forms. Individuals or families with 2011 adjusted gross incomes of $57,000 or less can use Free File software. Free File Fillable Forms, the electronic version of IRS paper forms, has no income restrictions.