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CAREER UPDATE CENTER Efiling Growth |
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WHAT
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NUMBER OF RETURNS FILED IN MILLIONS
In the early years of Electronic Filing, the numbers were quite small, less than 100,000 returns were filed. Then, as the program proved its success, and was expanded State by State, the numbers grew at an astonishing rate. Now, millions of returns are being filed (over 40 Million this year!) with the expectancy of 85% of all returns to be filed electronically by 2005. Growth is certain, and Efile has proven to be recession proof. Actually, as the economy worsens, Efile becomes more popular due to the fact that much needed refunds can be obtained quicker. Since tax season begins immediately following the period of our nations highest spending spree, Christmas, more and more people are looking for that refund the fastest way they can get it. Once a person has tried Efile, they will return year after year instead of filing a paper return.
ELECTRONIC TAX FILING |