Importance of E-file Confirmations

Reasons why it is important to get a confirmation of electronic acceptance of your tax return from your CPA.

• You will receive your refund within 21 days of the return being accepted if there are no issues with the tax return.

• The IRS will apply estimated tax payments received towards your tax liability reported on the tax return which could result in a refund if you over paid.

• There could be late filing/payment penalties if your return was not accepted on time and estimated payments were not made.

• Partnership and S-corporation returns will get penalized per shareholder/partner for each month it’s late up to 12 months.

• You will have peace of mind knowing that the IRS has accepted your submission.

Disclaimer: The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Jeffrey Kurtz CPA LLC to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact Jeffrey Kurtz CPA LLC prior to taking any action based upon this information. Jeffrey Kurtz CPA LLC assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.