For many Americans, the 2005 tax season will tax the nerves, take a lot of time and maybe cost a bundle, too.
Happily, there are ways to make doing taxes a lot faster, stress free and, possibly, cost free.
This is all possible because a tax industry maverick has broken down the barrier to free tax preparation. Customers can now e-file their returns without charge through www.TaxACT.com as well as prepare and print them for free.
A number of good reasons exist for filing your taxes online, including these:
1. It’s faster. The software is designed in an easy-to-understand Q&A format. It asks intelligent questions in plain English and sorts out the tax code so that you don’t have to.
2. It’s easier than preparing your taxes by hand. There’s no more erasing or whiting out. TaxACT asks smart questions based on previous answers. Users can also start their return and then save it to pick up again days or weeks later. How convenient.
3. You’ll make fewer mistakes. Many programs flag mistakes and incomplete information (including TaxACT).
4. It’s less costly. Filing returns online is less...