Our top pick is H&R Block’s At Home Tax Preparation Service.  H&R Block is a household name, but this year they are making a big push to bring the same level of service and quality to preparing your taxes that you would get from an in store visit, online.  What we really like about H&R blocks service is that if you get stuck and have any questions you can give them a call or visit your local office for help.

Here’s a run down of what you get for free from H&R Block

• Free to Prepare, Free to Print, & Free to Efile
• Free expert advice from tax specialist
• Free Audit support
• 100% Accuracy Guarantee & Maximum Refund Guarantee

We highly recommend your sign up for a free account with H&R Block.  You can create your free account now and return to their website at any time in the future to finish, which is really nice.  So if you don’t have everything ready right now that’s OK, you can create your account and come back when your ready.

Click Here To Create Your Free H&R Block Account

 
(you will see a sign up form like this, just fill it out and you’ll have your free account)

Tax Act is a great choice for filing your taxes this year.

Pros:  Good and easy to follow service that finds all possible deductions and credits accurately

Cons:  Telephone support cost a onetime fee

Final Verdict:  TaxAct is a very good choice, its accurate, easy to use, and offers free federal e-filing. Definitely worth a try.

Very similar to other services TaxAct is set up as an interview style format.  Its asks you a series of questions that guide you through the processes.   We recommend this service, the only thing is that if you need customer support be prepared to pay a onetime fee for the convince of talking to someone.

Click Here To Visit Tax Act

Service #2 Turbo Tax Free Edition

Our second choice and a great alternative to H&R Block is Turbo Tax.  Turbo Tax has also been a household name in tax perparation but mostly for their software.  Now they have online editions which are just as easy to use.

Here is what you get for free from Turbo Tax Online

• Free Federal File, & E-file
• Free live online tax advice

Click Here To Create Your Free Turbo Tax Account

 
(From the home page click on the “start for free” button)

(click “create an account” button)

The time is quickly approaching where you’re going to have to file your taxes. For many people, tax season is a time to be dreaded. They have to pull out all their paperwork, find their receipt, pull out their business expenses (if applicable), and so on. However, not everyone has to go through such trouble at tax time. If you’re someone who can take advantage of the Free Online Tax Preparation, then it’s doubtful that you’ll have to do more than look at your W-2 or 1099 to find the information you need.

In order to qualify for the Free Online Tax Preparation software you have to meet minimal requirements. One of the first requirements is that your adjusted gross income, which is your income after your tax deductions are applied, has to be less than $57,000. In addition, you cannot have business deductions or business expenses in order to qualify for this option. This, of course, applies to the free online tax preparation software offered by the IRS. However, many other companies that offer tax filing software are following suit. If you meet certain qualifications you can file for free.

The good news is that you can try the program first, and if you don’t qualify then you’ll be offered an upgrade for the program that best suit your particular needs. You do have to be careful here because some companies will try to sell you a product you don’t need. For example, if you’re a freelance photographer, but only do that part time, you might be offered in the premium business software as an option. It is doubtful that any part-time contractual business would require you to use anything more than a basic program that is only one step above the Free Online Tax Preparation software.

The good news for anyone who needs to file their taxes, whether they’re an individual who qualifies for the Free Online Tax Preparation software or is a business owner with multiple investment, returns and losses, filing your taxes is easier today than ever before with tax-preparation software designed to make the process go smoothly. With the right tax preparation software you can file your taxes in far less time than it would take you to drive to a tax preparation office.

Don’t you know it? The time of the year most people hate the most is upon us. Cold winter descends upon us and it is time to consider doing our taxes. For most there is nothing we hate more than tax season, partly because be have not amply prepared for it. We have not kept adequate records. We never know for sure by what process we will file our taxes. Should we take advantage of the Free Online Tax Preparation sites this year? What if I mess something up, will Uncle Sam be forgiving?

Let’s take a serious look at Free Online Tax Preparation and whether it is the right option for you. First of all, how complicated are your taxes? If your’s is fairly simple and you have kept good records and you have that available, then you are headed in the right direction. Second, be cautious about which “free” website you decide to use. Some claim to be free, and they are to a certain point, but then they may all of a sudden charge a fee when it comes to clicking on “file”. Then you may have to back to the beginning. If this is your first time for online filing, check with some friends, family or co-workers to see who they use. Do not wait until April 14, start in plenty of time.

So mathematics has never been your strong suit and you are concerned about doing your calculations. The beauty of the Free Online Tax Preparation is that the program does all of the calculations for you. They ask you the questions, you fill in the answers correctly, it figures it out, submits your return, and if you have a refund coming, you should be able to have it in your hands within a couple of weeks.

Even if you must file a more complicated tax form, it is possible to go online and download the forms you need. There is no more driving on slippery roads to the library for the copy of the correct tax forms or making a trip to the IRS. Many are not old enough to remember those times. Just be thankful that you have the opportunity in most cases to do your taxes for free online. For those of us that remain who must file a complicated return, even ours is getting better!

For many Americans, the thought of doing taxes causes stress. Doing taxes can be overwhelming and that is why many people opt to have someone else prepare their taxes. Before you consider paying someone in the upwards of $500+ consider that there exist Free Online Tax Preparation. Why pay when you can get your taxes done free? If you have never heard of this, you are not alone. In fact, many people do not know or for some reason think that there must be a catch.

The IRS seems to like the idea of Free Online Tax Preparation since they have collaborated with several reputable tax software companies. Most people have heard of Turbo Tax, H&R Block and TaxAct. You might be prepared to spend money to use their program when you can get a free version online via the irs.gov website.

The benefits to a Free Online Tax Preparation

Cost is the obvious benefit. What’s more important is the knowledge and reputation behind these companies. Additionally, many offer a guaranteed that if anything should come back in error, they will absorb the cost if any. Peace a mind goes along way when it comes to filing taxes. Often, your information is stored for next year making filing that much easier the coming years. Filling your taxes in the convenience of your own home is another advantage but ease of use is at the top of the list. If you can read and answer simple questions (many of which provide examples) you can file your own taxes on the internet–Free.

If there were a catch, it would be by way of advertising. Each Free Online Tax Preparation offers their software free with the hopes that you will upgrade to a paid version if you are filing a more complicated return than a 1040ez. In addition, some offer to file your federal tax form free and charge for your state tax return. Either way, it is cheaper than forking out 1/3 of your return to an agent set up in Wal-Mart using one of the same programs that would cost you less than $25 to buy.