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Wednesday, January 18, 2012
IRS Passes Milestone
The Internal Revenue Service has passed a milestone. It's processed 1 billion electronic tax returns. The IRS opened the 2012 tax filing season with a reminder that e-filing brings the fastest refunds. Last year, 77 percent of individual returns came in electronically. This year, the IRS is requiring professional filers to go electronic if they handle 10 or more clients.
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Just an FYI for people in Maryland. You do NOT have to pay to file your Maryland taxes online. After you are done your federal go to the Maryland website and you fill out a few questions and waaalaaa you are done. If you select to have it direct deposited I have gotten in as little as 3 days but it has never taken more than 10 days.
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