E-Filing Tax Returns (#TaxPledge with H&R Block!)

Taxes! Well, when we hear this word, we almost make faces. Paying a part of our hard earned salary to the government is something nobody wants but has to do it. July 31st is near and all the salaried citizens are busy filing their income tax returns.

Income tax filing is a process by which every salaried professional or businessman have to declare to the government , the total tax he has paid in the previous financial year, any other undeclared income, fixed deposit interests and anything else important.

Personal and financial benefits aside, filing IT returns also makes you a better citizen. The taxes you pay help the government to run the country. With the help of the income received from the taxes, the government develops and builds and maintains new roads, bridges, transportation facilities, etc. The tax money is also used to fund the defence unit of the country and to pay back any deficit loans. The tax money is also very helpful when disaster strikes the nation. It helps to rebuild and cope up with the losses occurred due to disasters.

In this busy work life, many people don’t find the time to file income tax returns or forget to do so. Some are confused as to how to do it. For such times, the best way to file your income tax return is through the internet. Everything is possible with the help of technology and so is filing your income tax returns.

But why should you file your income tax returns through the internet? Lets have a look at some of the benefits of e-filing income tax returns:

1) Convenient

E-filing income tax returns are not only easy but also time saving. You don’t need to stand in a queue for hours. Everything can be easily done from the comfort of your home with few simple clicks. You also save paper when you e-file your income tax returns.

2) Security

When it comes to money, everyone is worried about security. Even before doing any transactions or payments online, we think at least once. Online e-filing websites are safe and secure to use. You can receive help from experts to do your transaction.

3) Money back

E-Filing also helps you get a refund in case of excess deductions. So, you not only save money but also get a refund.

4) Tracking and Other help

You can track your E-Filing process by logging into your account. You also get a notification for the same on your email address and mobile phone.

5) Visa’s and Loans

E-Filing helps you a lot when you apply for loans or visas. With clear and proper records, it is easier to get clearance for loans and visas.