What is E-Filing?

Nowadays, every department in the governmental or private sector boasts a digital nervous system. Our current topic of discussion is electronic tax filing or E-Filing. E-Filing makes use of the digital nervous system of the Internal Revenue Service, and in simple terms, it is the World Wide Web's way of filing your tax returns.

In a way, the internet has revolutionized the way people have access to information. It virtually eliminated the unending delay that previously associated with the process of getting services done from governmental bodies in a big way. In the present context, long gone are the days of unending queues and folders full of paperwork. The electronic filing has made the submission of tax returns a customer friendly exercise. Let us have a look at the advantages of electronic filing as opposed to the conventional way of filing returns and study what sizeable change it has made in the whole process.

  • The first reform electronic filing has brought, is that it virtually eliminated the need for going through the exhaustive steps of filling the forms and rushing to the nearest post office to get it posted before the due date.
  • Not only the paperwork, electronic filing in fact has eliminated all sorts of physical movement required in completing the filing of returns. No more office hopping. The only thing you needs is a PC and a reliable Internet connection.
  • In electronic filing, any mistake that has invariably crept in is corrected in less time.
  • Electronic filing has also reduced the time lag in receiving your tax refunds. Also, with the online submission, it is possible to take a printout of the filed return at the time of submission to keep it as a record. No more requests or visiting offices for the same.

For example: 

Freewaytax.com offers you the ability to electronically prepare and E-file your Form 2290. The whole process takes about 15 minutes to file and then another 15 minutes to receive your stamped Schedule 1 back. This allows you to skip going to the IRS office each year to pay your Heavy Highway Vehicle Use Tax and receive your Schedule 1 in pdf format that you can print and take directly to the DMV.

Also, with electronic filing, the back office processing time has reduced by days. For example, even if the customer had waited until the last day before filing his/her returns, it is possible to get the filing processed within hours of submission as opposed to the 10 plus day delay that used to occur during the days of paper returns. As a result, it has become possible to complete the refunds within a couple weeks of filing.

Here is the process of filing returns electronically

The customer first should prepare his tax returns (by oneself or through a tax professional). Once the tax returns are in place, then the filing can be done through an authorized IRS e-file provider. Filing can be done online as well, but if you are not sure about the technicalities, it is better to seek professional help. Generally, most tax professionals will be IRS e-file providers. Sign all relevant documents and get a customer copy as a record or for future reference. The IRS e-file provider will then file the returns electronically. Within 48 hours of filing the returns, the IRS will send the customer/IRS e-file provider an acknowledgment specifying the current status (acceptance or rejection as it may apply). If it is a rejection, remedial steps should be taken immediately.

The Bottom Line

Online tax filing is the easiest way to file your taxes and offers the best way to pay your taxes and receive your refund check. If you want a hassle-free, easy way to file your taxes, give online tax filing programs a try.

Freewaytax.com is an IRS authorized e-file provider for the form 2290. Our app will guide you through the process to prepare and file your 2290 and within minutes we will receive an acknowledgment back. If there are no errors, you’ll receive your IRS watermarked Schedule 1 that you can take to the DMV to register your vehicle.


Begin E-Filing Your Form 2290 Today