Mandatory E-file of 2010 Individual Tax Returns

Under the Worker, Homeownership and Business Assistance Act of 2009 signed into law on November 6, 2009, we will be required to electronically file all individual tax returns after 12/31/2010.

Did You Know?.......

• Even if you e-file your return with a balance due, you can pay as late as the due date.  Payments can be submitted electronically or by mail.

• E-filing allows you to receive your refunds faster; if you choose to have your tax refund deposited directly into your bank account, you can have your money in as few as 10 days.

• The e-filing system meets stringent security standards and uses the latest technology to safeguard the transmission of tax returns.

If you’d like to read the bill (H.R. 3548), click here.