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For businesses experiencing declining paper sales, the benefits of offering e-file to their customers are numerous. Participating businesses will enjoy:
- Fast and easy setup
- Ready-to-go marketing materials
- High retention rates (once customers use the e-file site and import their data, they're likely to return for subsequent seasons.)
- Increased revenue per filing versus paper forms
- Choice of topline revenue or a rebate at the end of the season
- Control over customers migrating to another provider
"We're thrilled to extend this full-service e-file option to our TFP partners," Ferris said. "As more and more businesses are moving their W-2 and 1099 filing online, now is the time to get in on this market. Once customers use e-file and recognize its ease and convenience, they're committed. This provides 'stickiness' in the tax forms category-something we really haven't seen before."
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