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Paper Cuts
In recent years, e-filing has exploded onto the scene. A simple search on Google results in several online services. Apparently, the masses are catching on because the IRS reported as of May 2007, 60 percent of 77 million tax returns were filed electronically, and almost 55 million returns were filed by tax professionals. Many argue e-filing has benefits lacking in traditional paper-based forms. For instance, within 48 hours of e-filing, the IRS sends an acknowledgment of receipt to the user, providing tangible proof of return should something get lost in cyberspace. In addition, e-filing guarantees security and convenience.
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