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article · August 2010

Why You Might NOT Want to File Your Tax Return Electronically

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Aren’t there advantages to filing Tax Returns electronically (E-Filing) as opposed to “paper filing?” Sure. Here they are…

  • YOU may like E-filing because: A. You (supposedly) get your refund faster. B. It saves you a trip to the Post Office.
  • YOUR TAX PRO may like E-filing because: A. It’s quick and efficient. B. No papers to copy, file or and mail. C. It helps you get your refund faster.
  • THE IRS LIKES YOU TO E-FILE BECAUSE:

A. It takes waaaaay fewer administrative people to process electronically-filed Tax Returns – so they can take those “excess admin positions,” and move them over to the Enforcement Division, enabling them to do more Audits. However, when a “paper return” arrives at an IRS Processing Center, an administrative person sits at a keyboard and enters, into the vast IRS computer, some of the data you provided on your Tax Return and the Forms, Attachments and Schedules submitted with it. That’s time consuming, and, of course, human errors are made. B. When E-filing, IRS computers can automatically compare all of the numbers you put on every line of every Form or Attachment of every Tax Return, and compare them with “national averages” -- giving them more justification to conduct more Audits. However, when a “paper return” arrives, the administrative person who enters data into that vast IRS computer, enters only some of www.TheNetworkMarketingMagazine.com 1 the numbers from some of the lines on some of the Forms, Attachments and Schedules – not every single line-item. It would be far too time-consuming to have them input all the data. This process restricts them to being able to compare only about 20% of your data with national averages. C. When E-filing, you are not allowed to include important documents that would help document deductions you claimed on your tax return – documents that could reduce your chances of being audited to review “questionable” deductions. This increases your chances of being audited.

Always consult with your Professional Tax Advisor before making ANY business-related tax decisions.

This Special Report is Produced and Copyrighted by Ronald R. Mueller, author of “Home Business Tax Savings MADE EASY!”

Dr. Ron Mueller MBA, PhD., has rapidly become known as “THE TAX EXPERT” in the Network Marketing Industry!

His no nonsense approach to showing Networkers How To Save more of what they earn caught the eye of TheNetworkMarketingMagazine.com and we now bring him to you!

Dr. Mueller is an investigative reporter who spent more than a year researching and documenting home-business tax breaks that have been authorized by Congressional Law, and then translating the Government- ese, IRS-ese and Legali-ese he found into People-ese, - Plain English that the average American can easily understand and quickly put to use to save thousands on their taxes.

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