Is It Safe To Opt For Online Tax Filing Services?
Updated: Oct 28, 2022
E-filing is a technique of electronically sending your tax return to the Internal Revenue Service (IRS) over the internet or another direct link. You won't have to bother with paper forms, envelope stuffing, or postage when you submit your taxes electronically. Instead, you send the IRS your sensitive personal financial and tax information electronically.
You can also provide your credit card or bank account numbers online. The IRS uses your bank account information to direct deposit a refund to your account. In addition, the credit card details can be used to pay any outstanding taxes.
Is It Safe To Use Online Tax Filing Services?
Yes, e-filing is a highly secure method of sending your tax returns. Moreover, the odds of your tax information being stolen when you e-file are exceedingly slim.
Because the data in an online tax return is particularly encrypted for added protection, it is much more secure than mailing a tax return via snail mail.
Data is encrypted as it travels between your tax software and the IRS or state tax office, preventing unauthorized access.
Always take care when it comes to safeguarding your personal information. Keep an eye on your credit reports for any unexpected activity and, if necessary, put your credit on hold.