The Tax Preparation Wars Have Begun

TurboTax Continues on With Its Own SuperBowl Ad

Intuit is the maker of Turbo Tax, a leading tax-preparation software. During the Superbowl, they aired their advertisement with no mention of the recent squabbles with furious customers over their software.

Rather than address the problem, Intuit chose to simply state the benefits of their program, which was being able to file both state and federal taxes for FREE. Their ad displayed a Boston Tea Party reenactment with a small twist to it. While angry American Patriots were swarming a British Ship, tossing large boxes of tea overboard, the British Redcoats … Read the rest

Consumer Reports Releases Tax Tips

2013 Tax Tips

Consumer Reports is a trusted source in products and services.  They recently released their tips for 2013 taxes, which are about online and computer tax services.  These tips help consumers not get caught up into any questionable tax services and help them save money when filing their 2013 taxes.  Consumer Reports offers the following tips for 2013 taxes:

• Check what the online service has available.  Simple forms like the 1040, 1040EZ, and Schedule A for itemized deductions are provided by most online tax services.  However, if you need a more specific form, schedule, or topic, … Read the rest