Advice on Faster Tax Refunds

The best and fastest way to get a tax refund is to have it electronically deposited for free into a financial account. The IRS program is called direct deposit. Taxpayers can use it to deposit their  tax refunds.

Eight out of 10 taxpayers get their refunds by using Direct Deposit. It is simple, safe and secure. This is the same electronic transfer system used to deposit nearly 98 percent of all Social Security and Veterans Affairs benefits into millions of accounts.

Combining direct deposit with IRS e-File is the fastest way to receive a tax refund. IRS issues more than 9 out of 10 refunds in less than 21 days.

Direct deposit is easy to use. Just select it as a refund method on ExpressTaxRefund.com and type in the account number and routing number.

Direct deposit also saves taxpayers money. It costs the nation’s taxpayers more than $1 for every paper refund check issued, but only a dime for each direct deposit made.

The federal tax refund is often the largest single check many people receive. It’s an opportune time to start or add funds to savings.

A tax refund should only be deposited directly into account that is in taxpayer’s own name; spouse’s name or both if it’s a joint account.

When taxpayers file electronically, direct deposit gives them access to your refund faster than a paper check.

Direct deposit also avoids the possibility that a check could be lost or stolen or returned to IRS as undeliverable.

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