January 22, 2009
Why is Turbo tax offering free federal tax filing?
You might wonder that why Government & TurboTax is tax allowing you to file Federal & even some state Income tax returns for free. One of many reasons behind this is that it saves money to them & even you. Here’s how. When the government receives the return online, instead of paper, it saves a lot of time for the government to process the return, which in turn leads to cost savings in terms of labor & other resources.
Sources reveal that since introduction of Free Filing program in 2003, IRS has received more than 15 million tax returns in & has lead to a cost saving of almost like $ 32 million as compared to tax returns in paper. Another advantage for the government is that when IRS processes the return fast, the refund cases do not need to be paid interest which also saves them money.
The alliance between 19 tax software companies & Government has provided a big saving to millions of low to medium income Americans to save their hard earned money & still getting a 100% safety guarantee from companies like Turbo tax.


