There's some good news put forth from the IRS, and this is that the e-file service has been further expanded. This means that when you file taxes from now on you can do if through the online e-filing system for free. You will be able to get your tax forms in a lot faster and this means you can obtain your refund a lot faster too.
If you're planning on using a direct deposit to obtain your refund you could have it in as little as ten days. The new changes that have been made by the IRS to the e-file program make it a great option for people who are struggling financially in order to make ends meet, because they can get their tax refund for free and much sooner than in previous years.
The new program consists of Free File Fill-able Tax Forms. This program is so advanced that even though you fill them out online, it won't baffle you with technology because it's ingenious enough to take the simple information you enter and derive everything required from it. The layout of the online forms is the same as the paper forms, so you don't have to develop a learning curve to this process. It is made to be as easy as possible for you to fill out, and not to throw you off with innovation.
This new service is aimed towards people who are confident enough with tax laws and already know which tax forms they need to file. If you don't generally need any help with your taxes then this option is ideal for you. Free file is for those who make equal to or less than $54,000 per year. If you earn more than this with your income, then you will have to pay for the service, but it will still be much faster than using paper forms.
You also have a choice of filing your returns now and paying later, in case you owe any amounts on your taxes. The IRS e-file also allows you to file your federal as well as your state taxes simultaneously, which makes things even faster than they already are.
These new improvements to the tax filing system mean you have no reason to put off doing your taxes. The IRS has ensured that you can get them done in the easiest, fastest way possible, whatever your income might be.