When people look for Online Tax Preparer software, they need to consider various factors. Choosing the right tax software option is vital to maximizing a tax refund after all. Therefore, individuals must focus and search for their best tax preparation solution. Each person is going to require something slightly different from their online tax prep service.
Safety Concerns with Online Tax Preparer Software
TurboTax 2013 from last year provided ample safety measures. Unfortunately, not all preparation services take safety seriously enough. The last thing a person wants to do is lose their personal information. Others have become victims of identity theft and lost their returns. The best tax prep options implement strict safety protocols today.
Tax refund theft continues to grow at an alarming pace. More taxpayers find themselves victims each tax filing year. While tax prep companies try to combat this fraud, cases will slip through the cracks. By choosing the safest option, taxpayers can minimize their risk of becoming a victim.
These days, people tend to prize convenience and efficiency over other factors. It’s important to check out a tax service’s extra features. Turbo Tax 2013 was prized for its variety of useful features. Typically, such features aren’t core to the tax filing experience. They do, however, provide certain taxpayers with extra tools that can be used for various purposes.
In the end, consumers must consider price and a handful of other factors, too. TurboTax is often considered the best Online Tax Preparer Software available today. Anecdotal and usage figures seem to support the validity of this idea. Still, each taxpayer needs to find the tax preparation service that’s right for themselves.
A number of tax credits which reduce your tax bill dollar for dollar that you might not have known about or might not have qualified for before are now worth taking a look at.
Income Tax Sappy (Photo credit: Wikipedia)
Recovery Rebate Credit
If the rebate checks that were sent out last tax season didn’t find their way to you because you made too much on your 2007 1040 tax return, you have a second opportunity to receive the credit for the 2008 tax season. Therefore, if you income has decreased for any reason during 2008, make sure to double check your qualifications this year so you can now claim the $600 per taxpayer credit.
First-Time Homeowner Credit
This is an interest free loan to anyone that purchased a house for the first time between April 9th of 2008 and June 30th of 2009. Loans are equal to 10% of the value of the home or a maximum of $7,500. You’ll have to pay back the loan over the next 15 years but a no interest loan from the government cannot be beat.
If you are looking to prepare, print, and file your tax return electronically this tax season all for free, TaxAct Online 2013 is the software you will want to use for both a complex and a simple return. And TaxAct will guarantee that your refund is the maximum refund allowed.
Supports All 1040 Tax Forms
Weather you are looking to file the 1040EZ, the 1040A, or the full length 1040 tax return, TaxAct Online supports all three forms and allows you to electronically file (eFile) each form for maximum speed and efficiency. With TaxAct Online you can get your return in as few as 8 days.
Least Expensive State Returns
TaxAct Online provides one of the least expensive state return options you will find. For $13.95, TaxAct Online will prepare, print, and eFile your state return directly with your state. Your federal tax information will be imported for you making the state return simple and accurate. And when you eFile your state return, you will receive confirmation from the state as proof that you have filed your taxes.