Just a brief post here to remind everyone that a year has gone by and soon, taxes will be due. CNET.com has an article here briefly comparing the two popular tax software products.
Of course, software might not be the way to go if you own a business or have a high number of investments. If that is your case, I'd recommend talking with a CPA or other tax professional.
1 comment:
Don't forget TaxAct. It is a very thorough program that should fill
the needs of almost everyone who doens't need a CPA. It includes
hundreds of forms and is very easy to use. Not only that, the price is
right! The federal program can be downloaded free and the deluxe
version including the state of your choice and free federal electronic
filing is under $20 (about half of what the others list for). There is
also a free Internet option for those with simple taxes. After a quick
interview process, TaxAct displays a blank forms (W2, 1099's etc) on
the screen and you just copy the form you receive from your
bank/employeer/etc onto the screen. Works very well for non-accounting
types.
One of the main things is to choose one package and stay with it over
the years. I've been doing that with TaxAct and it makes subsequent
years much easier. All addresses, SS#'s, employers, dependants, prior
year refunds etc come in automatically eliminating much work.
Basically all you do is fill in the new dollar amounts. Also, if you
use a finance program like Quicken or Money, look for a package that
imports directly from there. That will also save you some time.
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