Receiving a refund electronically allows the IRS access to my bank account
Although electronic filing is one of the fastest ways to get your refund, many people shy away from it due to unfounded myths. They think it's a ploy for the IRS to track them down or to investigate their bank accounts.
This is all nonsense. The IRS can find you with or without the electronic filing. And it's not a way for them to snoop through your checking or savings account. The only access the IRS has to your account is to process your refund. Electronic filing is simply a way to save time, eliminate paper cost and speed up the refund process to about 10 days. In fact, the error rate for filing electronically is just 1 percent compared with 20 percent for paper filing [source: CalCPA Foundation]. The IRS estimates that about 70 percent of taxpayers filed electronically in 2010.