Four Distinct Advantages Of Using The FreeTaxUsa Software

FreeTaxUSA.com

FreeTaxUSA

FreeTaxUsa is an incredible tax filing service that is starting to get great reviews from many leading tax filing experts.  Anyone can use FreeTaxUsa2011 without any difficulty.  There are many advantages to using the tax preparation software.  Let’s take a close look at four of them.

Endorsed by The IRS

One important note is that Free Tax USA 2011 is endorsed by The Internal Revenue Service.  This is great for anyone who may have concerns about using a tax service that may lead to a potential audit.

Accurate

The creators of FreeTaxUsa understand the importance of helping individuals avoid making a mistake on their returns.  That is why this incredible service is 100% accurate.

Fast Return

It can take weeks for you to get your return if you decide to file your taxes in the traditional manner.  You may be able to get your return within a week after using FreeTaxUsa.  This is great for anyone who needs money to cover sudden bills.

Free Support

The staff at FreeTaxUsa2011 is trained to address any concerns you may have with the software.

FreeTaxUsa is ideal for anyone who wants to use a reliable electronic tax filing service that will provide positive results.  It is free and accurate.  It is also endorsed by The IRS.

The IRS is Making Immense High-Tech Strides

Electronic Filing Services Are Taxpayers’ First Choice!

This tax season, the IRS has devised a plethora of useful virtual features to facilitate the taxpaying process greatly.  Tara Lynn Wagner of NY1 reports as follows:

“Once again, it’s that time of year when people’s thoughts turn toward taxes. The good news is that help has arrived for all those persistent procrastinators, however.

In 2012, taxes will not be officially overdue until after April 17 – two days later than the traditional filing deadline. This is per IRS spokeswoman Dianne Besunder.

Ms. Besunder further advised that prompt filing yields correspondingly faster refund receipt – especially for electronic filers.  According to Besunder, a whopping 79 percent of US taxpayers filed via electronic means last tax season.

Using electronic filing services also offers taxpayers the advantage of enhanced accuracy in addition to much speedier returns. Besunder stated that overall error incidence of e-filed returns is only one percent – as opposed to traditional paper-based filings’ cumulative inaccuracies of 20 percent.

The best news is that  taxpayers whose gross annual income falls below $57,000 may utilize IRS electronic filing software for free. Registration via the official IRS website at IRS.gov is the only requirement.

Virtual Service (“VS”) is an innovative IRS pilot program that is currently in the beta testing phase. VS permits taxpayers to talk with IRS reps via video conferencing from 10 major IRS locations throughout the US.

For further details about VS, various IRS YouTube videos, and social media networking resources, call 1-800-829-1040 or visit IRS.gov.

Top 10 Tax Tips for the Year

Tax filing season has started and the documents you need should be in the mailbox soon. While the return is not due until April 17 this year, here are 10 tax tips to ensure you are ready to file.

1. Start gathering records now. This includes receipts, canceled checks and other supporting documents.

2. Watch for W-2s and 1099s. You will need them.

3. For answers to questions, look at the IRS website.

4. Use Free File. If your income was $57,000 or less you qualify for free file. You must access this service trough www.irs.gov. The IRS has collaborated with many companies that offer software to make all the calculations and file your taxes at no cost. There are also online forms that look like the standard forms that can be completed and filed online.

5. Use IRS e-file. This is a safe and easy way to file your return. It was used by 106 million people last year and is now require of many tax preparers. If you owe money, you can pay immediately or by the deadline. If you are due a refund, it can be directly deposited to you ban within 10-14 days.

6. Consider all options. Prepare it yourself or have a preparer file it for you.

7. Use direct deposit. It will save several weeks over the time to send a paper check.

8. Find all you need at the website www.irs.gov. Publications, forms and tips are all available.

9. Read IRS Publication 17. This comprehensive resource highlights all you need to know to file a return.

10. Take time to review. Do not rush. A mistake will slow down your return’s processing. Ensure all SSNs and math are correct. If you need help, ask. There are volunteer sites as well as help through www.irs.gov for all your tax questions and tax tips.

TurboTax iPad App Allows You Tap Your Way to a Tax Refund

If you own an iPad and still need to file your taxes here is some great news. TurboTax announced today that we now have a new app for the iPad- combining the unmatched simplicity and precision of TurboTax with the ease and portability of the iPad. It is the first and only app that allows taxpayers to prepare and e-file their state and federal tax returns with Turbo-tax using only an iPad. Now you can tap your way to a refund.

The app is optimized for iPad and allows users choose whether to work in portrait or landscape and they have the freedom to prepare their taxes (for 2010) anywhere and at anytime they are on the go.

Turbo-tax on iPad, like all TurboTax products guides people gradually through their returns to their maximum refund. Their returns can also be e-filed from the iPad and can receive their refund with direct deposit, in as little as eight days.

The mobile app can be downloaded from the Apple App store for free to try it out and can be purchased when they are finished. TurboTax Deluxe cost $29.99 and is where customers begin and depending on their tax situation, they can select Turbo-tax Home & Business or TurboTax Premier for an added cost. Preparation of state tax is an additional cost. All prices include e-filing at no extra charge.

Once they have filed their taxes, taxpayers can verify they’re federal tax refund status based on IRS projections with the MyTaxRefund iPad app for free, experience iPad TurboTax tax.

Volunteer Tax Assistance

Much to everyone’s chagrin the 2010 tax season is almost upon us. If you are looking for 2010 income tax preparation that won’t cost a dime,you may qualify for a sponsored community based  IRS program.

These are a few facts you may want to know about the Volunteer Tax Assistance programs.

1. The Volunteer Tax Assistance and 2010 Tax Council program for senior citizens are sponsored by the IRS.

2. The Volunteer Tax Assistance service gives 2010 tax assistance free of charge for those who earned less than $49,000. Some locations have free filing services.

3. The Tax Counseling for the Elderly service gives tax assistance to those age 60 and older.

4. If you don’t speak good English, several sites provide free translation services.

5. The program volunteers get raining from the IRS to assist qualified taxpayers with tax credits and deductions like the Earned income Credit, elderly tax benefit, and child tax benefit.

6. As many as 12,000 free locations are open for the 2010 tax year across the country as the IRS proceeds to establish more business relationships with community and nonprofit centers carrying out these important services.

7. AARP has more than 6000 Volunteer Tax Assistance locations providing the free tax help program during tax season. The full licensed and trained volunteer AARP staff give aide to taxpayers who earn low to average wages with special attention given those over 60.

8. The IRS also collaborates with the military to provide 2010 tax service free to members of the military and their household. The Armed Forces Tax program is made up of tax program counselors for the Air Force, navy, Marines, Coast Guard and Army who are trained thoroughly and prepared to handle any detailed like combat zone benefits.

9. The hours and locations vary by city and details can be found through local community centers and hot line information.

10. You can find out about local Volunteer Tax Assistance locations from the IRS site or by calling their toll-free number at 1-800-906-9887. For the AARP Tax Aide Program closest to you, call 1-888-227-7669 or go to their website at AARP.org.

Filing Taxes Online Now Stress Free As Well As Cost Free

Filing Taxes Online Now Stress Free As Well As Cost Free

For a lot of US citizens, the 2009 tax season proves to be taxing the nerves, too expensive, and severely time-consuming.

Fortunately, many ways are available to make tax filing easier, faster, effectively cost free, as well as stress free.

This possibility has come out as a result of a system that facilitates free tax preparation. Through the web site www.TaxACT.com anybody can e-file tax returns now with little to no charge. They can also prepare and print them for free.

There are many good reasons why you … Read the rest

Filing Taxes Online Now Stress Free As Well As Cost Free

For a lot of US citizens, the 2009 tax season proves to be taxing the nerves, too expensive, and severely time-consuming.

Fortunately, many ways are available to make tax filing easier, faster, effectively cost free, as well as stress free.

This possibility has come out as a result of a system that facilitates free tax preparation. Through the web site www.TaxACT.com anybody can e-file tax returns now with little to no charge. They can also prepare and print them for free.

There are many good reasons why you should file your taxes online.

(i) e-filing is faster. It is easy to understand the software which is designed in a question-answer pattern. Intelligent questions are asked in simple English and the tax codes also get sorted out automatically.

(ii) Compared to hand preparation, this method is easier. You no longer need to erase or white out your mistakes. Smart questions are asked by the software on the basis of the previous answers. It also offers the users the possibility of saving their unfinished work and coming back again to resume their work after many days. It’s really so convenient!

(iii) The possibility of making mistake is low. Incomplete information and mistakes are flagged.

(iv) Its cheap. E-filing is cheaper than hiring an accountant. It is affordable and is even free for TaxACT Standard. E-filing your federal tax return is absolutely free at TaxACT.com and some of the taxpayers can even file returns freely at the IRS website.

(v) It makes your refunds faster. In manual approach, it takes months, whereas the e-filers enjoy an average return time of less than even two weeks.

This way of e-filing helps to eliminate costs in the process of filing and completing your tax returns. It also contains the forms, worksheets, and schedules necessary for preparing your federal tax return easily and quickly.

For making the process fast, reliable, and convenient, the TaxACT Standard Federal’s latest edition features a 7-step process that offers automatic flags for incorrect information and trustworthy reference tools. TaxACT can also collect information on its own for state returns, making state return preparations just as simple and fast.

There is also a TaxACT Deluxe edition which provides some additional forms and other supports relevant for a complicated tax scenario.