Best Online Tax Preparation Sites
Every working person in the United States all have one thing in common, we all must file taxes. It is almost that time again! Many people are terrified of filing their own taxes, and because of this tax preparation companies are making a killing. People do not realize how much money they would be saving if they filed their own taxes. I believe that many more people would file their own taxes if they knew how easy it is to do on their own.
I have been filing my own taxes for many years. Prior to that, I used to have agencies such as H & R Block file my taxes for me. The amount of money that they used to charge for the filing fees were ridiculous, that is why I was determined to learn how to file my own taxes. Thankfully, it was much easier than I had anticipated. Preparing my own taxes was one of the best financial decisions I’ve ever made. It feels great to save the hundreds of dollars that I used to pay to the tax preparation agencies. For those of you that are considering filing your own taxes for 2017 but do not know where to start, I have a few options for you.
Turbotax is an easy-to-use platform with a great user interface that you can use to prepare and file your own federal and state taxes. Tax forms are available for different types of tax filers; individuals and business owners. There are four different products; Federal Free, Deluxe, Premier, and Self-Employed. The prices range from $0-$114.99. There is a side-by-side comparison chart for each tax filing product. In addition, there are tons of support given by licensed tax professionals to answer any questions you may have. Personally, I prefer Turbotax over any other tax software. Check Out My TurboTax Review Here.
Turbotax Canada is like the original Turbotax except that it is for Canadian residents. They have four products; Free, Standard, Premier and Home & Business. Their prices range from $0-$49. It seems that their Canadian products have a lower price point than their US counterpart. Turbotax Canada does have a 60-day money back guarantee.
E-Smart is backed by Liberty Tax and is another user-friendly option to file your federal and state tax forms. There are four different products; Free, Basic, Deluxe and Premium. The prices range is from $0-$59.95 so their packages have a great price. There is 24/7 support and the new tax code laws are available. There is a 100% accuracy guarantee. For 50% off of all online tax filing solutions go here.
E-File.com is an authorized IRS e-file provider and was one of the first platforms which allowed for the electronic filing of your taxes. There are three products; Free Basic, Deluxe and Premium. The prices range from $0-$39.95 for federal filings; state tax filings are an additional cost. E-File.com has a meet ‘n beat price match guarantee and tax calculators.
TaxAct has online and downloadable products to choose from. They have three products; Free, Plus and Premium. The prices range from $0-$47. TaxAct has a price lock guarantee in addition to a personalized financial assessment. Their platform is also very user-friendly. They do save your prior year taxes.
Personally, I use Turbotax every year. It’s very user-friendly and walks you through all the necessary forms that you need for a complete tax filing. After your tax file is complete you have the option to e-file or you can print it off and send it in. It is much quicker to e-file; I usually get my refund direct deposited in my checking account within 9 days of the e-file.
I hope this has been helpful. If you have any further questions, please don’t hesitate to ask.