Do Your Own Taxes With Income Tax Software
If your like me you end up paying in to the government every year once your taxes are done. Why would you pay someone to tell you how much tax you owe. When you do your own taxes, you save the preparation fee.
Today's tax software makes doing your own taxes easy, even if
you run a small business.
Now, my taxes are not easy. I have a good personal
income, and I run a small business along with doing a lot of
investing. This means my tax software must do the standard 1044 plus
schedule C, Schedule D and Schedule A. No way could I do this tax
preparation myself without software that makes it quick and easy.
A tax accountant would likely charge me several hundred dollars
to do my taxes with all these forms and schedules. TurboTax
makes it easy for me to prepare my taxes in
advance, and get an outlook on my next years tax obligation.
If you have Stock Options that are part of your income you'll need to step up to TurboTax Premier which is a great program for more complicated returns. Even though for tax payers like myself with more detailed filing needs, it is still WAY cheaper and easier than working with an accountant.
For those that are hesitant to do
their own taxes I'd recommend doing what my parents did. They
tried Turbo Tax and then compared the end result to what their
accountant came up with. They found that TurboTax actually
found legal deductions their accountant wasn't using. When they
pointed this out the accountant admitted he overlooked the
Top Brand Income Tax Software really makes doing your own taxes a great way to easily save money. There are other tax software brands out there that can work for you but, now with mature titles like these here you'd be wise to stick with these proven products that please their customers every year.
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