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PostHeaderIcon E-Filing Starts Today

The IRS launched electronic filing for the 2011 tax year today.  The IRS is touting that if you efile and have a refund and elect direct deposit, you’ll get your money in about ten days.  If you have to pay, you can efile now and pay later (by April 17).

Of course the big problem right now is that most employees don’t have their W-2s yet.  Employers have until the end of the month to mail out their forms so you probably have a lot of people chomping at the bit to file but can’t quite yet.  Of course this is better then last year when efiling was delayed because Congress took so long to pass their tax reforms.