Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Sunday, 09.14.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1  2  3
 4  5  6  7  8  9  10
 11  12  13  14  15  16  17
 18  19  20  21  22  23  24
 25  26  27  28  29  30  31
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Mar 26,2007
Online tax filing up, internet security fears are down
by Bend Weekly News Sources

NEW YORK - More consumers are filing their taxes online, and fewer are concerned about Internet security, The Conference Board and TNS report today.

This year, 39 percent of consumers intend to file their 2006 federal taxes online, up from 28 percent just three years ago. Online tax filing is a growing trend. Close to two-thirds of consumers report having filed online for three or more consecutive years, of which nearly half have been filing online for more than five years.

"Speed, convenience and choice are compelling an increasing number of consumers to toss their pencils and papers and file their federal taxes electronically," says Lynn Franco, Director of The Conference Board Consumer Research Center. "Whether using professional tax services or do-it-yourself software, electronic filing continues to grow year after year. And, by far, direct deposit is the preferred refund method. This year's ability to split refunds among up to three accounts is yet another choice that should broaden the appeal of electronic filing."

The Consumer Internet Barometer - produced by The Conference Board, the global business research and membership organization, and TNS, a global market insight and information group - surveys 10,000 households across the country and tracks who's doing what on the Internet.

Among consumers intending to file their federal taxes online, nearly 40 percent intend to use a professional tax service, with women more likely than men to seek assistance. Do-it-yourself tax software is more popular among male filers than female filers. The number of online filers using IRS e-file has declined since 2004, as the pool of eligible filers has likely shrunk due to increased complexity in returns and as more alternatives become available. Slightly more women than men (20 percent versus 19 percent) will use IRS E- file.

Consumers are less concerned about security when filing taxes online. Today only 43 percent of Internet users are "extremely" concerned about filing taxes online, down from 52 percent in 2004.

Last year, more than 70 percent of online tax filers chose to receive their refund by direct deposit while 18 percent requested a check. The ease and convenience of direct deposit clearly makes it the preferred choice of online tax filers.

Among those who do not file online, the leading reason cited is that the consumer does not do his/her own taxes (34 percent). Coming in second (23 percent) are concerns about personal information on the Internet.

1207 times read

Related news
Money and You: Taking some extra credit by Carrie_Schwab_Pomerantz posted on Apr 04,2008

Advertisers Embrace 'Rich Media' Format by NewsUSA posted on Feb 09,2006

IRS offers free online federal tax preparation by G. Patrick Kelley posted on Mar 02,2007

Get a bigger tax refund this year by Bend Weekly News Sources posted on Feb 02,2007

Eroding expectations cause downturn in consumer confidence index by Bend_Weekly_News_Sources posted on Mar 28,2007

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 11 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?