tax preparation software

April 15 looms on the horizon. There may be any number of reasons that you are not prepared to file a tax return, from not having your dividend statements back, to waiting to get a home buyer tax credit, to straightforward procrastination. No matter your reasons, you can actually file for an extension. Any taxpayer [...]

To help you make the most of your 2009 taxes, here are some tax tips to help you organize, prepare, and take advantage of the available tax deductions and tax credits for 2009 tax year. Instead of trying to compile my own list, I reached out to a few personal finance bloggers to share their [...]

It’s a great feeling to be your own boss and make money at it. At least, until you discover that you are now responsible for paying self-employment tax and may be required to make estimated tax payments. I have been paying self-employment tax over the last few years; however, I have not made an estimated [...]

I am finally done with my tax returns, and my parents too, but haven’t send them in yet because I like to print them out and go over everything one more time. There’s something about computer screen that doesn’t lend itself to careful error checking.
As per my earlier review of TurboTax, I decided to prepare [...]

In my TurboTax Online Review, I mentioned that I owe some federal income tax and is thinking about opening a SEP IRA, or a Simplified Employee Pension Plan. Aside from reducing my tax liabilities, I want to maintain my safe harbor from having to pay quarterly income taxes in 2009.
Since I am already doing my [...]

The other day I was wondering if I owe any income tax this year, so I decided to give Intuit TurboTax Online Federal Free software a try.  In general, I was impressed at how far online software industry has evolved over the years (not just Intuit’s).  For this 2008 tax year software, you could hardly [...]