As an authorized
IRS e-file provider, we can offer you all the benefits of e-filing.
What
is IRS e-file?
IRS e-file is an electronic
tax-filing service available to individuals. It is the fastest way
to file taxes—and get your refund in half the usual time.
What
do I gain by using IRS e-file?
Fast electronic filing. Fast
proof of acceptance. Fast refunds. Peace of mind. Security. We
transmit your tax return from our computers to the IRS. Click. Zip.
Your return is in. Within 48 hours the IRS sends us proof that it
has been accepted. Only IRS e-file offers this advantage.
How
accurate is IRS e-file?
It is virtually error-proof.
IRS e-file is so accurate it greatly reduces the chance that
you’ll get "one of those letters" from the IRS.
What
about my signature?
You simply sign the
signature document, Form 8453, and we take care of the rest.
Do
I really get my refund faster?
You’ll get it back in half
the usual time. It’s even faster if you have you refund directly
deposited to your bank account.
What
if I owe a balance due? Why should I want the speed of e-file?
You can file now, pay later,
and beat the last-minute rush. No matter when we e-file your return,
you don’t have to pay what you owe until later (as late as April
15). In the meantime, you have a fast, electronic proof of
acceptance from the IRS.
Where
else can I get additional information about IRS e-file?
Call us, visit the IRS
website at http://www.irs.ustreas.gov/
or check in your tax booklet.
Is
there a fee for IRS e-file?
We’ll be glad to explain
our fees for tax preparation and e-filing. Our fees are not based on
any figures from your tax return. The IRS does not charge a fee for
e-filing.
Can
my state tax return be e-filed
with a Federal return?
In most cases, yes. Ask us about this service.
How
do I pay?
You have new choices this
year. You can authorize a direct transfer from your checking or
savings account as part of your return. With this option you can
delay when the money comes out of your account until later—as late
as April 15. You can also pay by phone using a credit card by
dialing 1-888-2-PAY-TAX and entering a jurisdiction code of 1040.
You can still pay by check or money order.
If
I choose the direct transfer option and delay payment, can I be sure
the money won’t be withdrawn sooner?
Money will not be withdrawn
from your account before the date you specify. However, if you
designate a weekend or bank holiday, the payment will not be
withdrawn until the next business day because the U.S. Treasury can
settle payments only on business days.
What
confirmation of payment will I receive?
Your confirmation will be
your bank statement and your copy of your electronically filed
return, which includes your direct transfer authorization.
Can
I make my payment on or after April 15?
You can designate the
payment to be mad up to and including April 15, but not after that
date. Your payment will be considered timely if your electronic
return is transmitted and accepted on or before April 15. Note: Some
transactions may take a day or two longer, due to circumstances
beyond the control of the IRS. Therefore, we suggest that all
payments be scheduled for transaction at least two business days
before April 15.
What
if later I want to cancel or change my designated payment date?
Once your IRS e-file return
is accepted, you cannot change your designated payment date. If you
need to change the date, your only option is to cancel the
transactions and send a check for the correct amount. You may cancel
a payment ONLY if Treasury receives cancellation instructions by the
morning of the business day prior to the day that you designated as
your payment date. The cancellation must be authorized by you or by
a person with access to your Taxpayer Identification Number (TIN),
payment amount, and bank account number. Please call 1-888-353-4537
toll-free if you need to cancel a payment.
Can
I make partial payments?
You can make a payment for
less than the balance due amount on your return. However, you are
responsible for paying the remaining balance due by April 15 or you
will be subject to late payment penalties and interest. If you
cannot pay in full by April 15, you should file Form 9465,
Installment Agreement Request. An approved Installment Agreement
allows you to make a predetermined series of partial payments after
April 15 and includes interest charges since these payments are
considered late.
If
I do not choose to pay electronically when I file my electronic
return, can my tax preparer initiate an electronic payment for me at
a later date?
No. An electronic payment is
initiated only at the time an electronic return is filed.
If
I give the IRS access to my bank account number, what else can they
do?
Nothing. The IRS will use
your direct transfer authorization ONLY for this one payment—to
deduct the amount you designated at the time that you filed your
electronic tax return.
Website maintained by Kolita & Company, CPAs
8300 Tyler Boulevard, Suite
101, Mentor, Ohio 44060
Phone: 440-205-8299 Fax: 440-974-7674
Email Us
Copyright © 1998, 2003
Home
| About us |
Products
| |
Services |
Info
Center | Newsletter |
FAQs
Links |
Calculators
| Client Portal
|
Site
Map | Contact Us
|