TAX ACT CAPTCHA SOFTWARE FREE DOWNLOAD PROFESSIONAL
With this service, a tax professional will help you respond to the IRS and possibly represent you in the event of an audit.
TAX ACT CAPTCHA SOFTWARE FREE DOWNLOAD UPDATE
Frequent updates: Tax software should regularly update itself with the latest tax law changes so you don't have to keep up with these yourself.Plus, only a professional can help you plan for future tax years. Can’t maximize your refund: QuickBooks ProAdvisor Elena Bailey says that while tax software will seek to minimize your tax liability and maximize your refund, hiring a tax professional is the best way to ensure you get all the money you're entitled to.
Note that this usually comes with an extra charge. If you need more support than this, such as help filling out a specific form or reporting a certain type of income, be sure to buy software that offers it. Live support can be limited: Some programs offer live support that's limited to noting things in your return that could increase your risk of an audit, leaving you to figure out what to do on your own.While some tax programs can check for missing information and other common errors before you file, relying too heavily on the software without carefully entering your information could backfire. If the return contains an error, this will increase your chances of an audit. Could inspire false confidence: Adam Brewer, owner of Triumph Over Tax and a licensed tax attorney, notes that tax software depends on the data you enter being accurate.Not ideal for complex tax situations: If you’re self-employed, own a small business, earned investment or rental income, or have another complex tax situation, it may be worth the money to have a CPA or enrolled agent prepare your return to make sure you don't pay more in taxes than you owe.Helps uncover tax savings: Tax software will ask you questions you might not have thought of that could entitle you to credits or deductions, such as whether you had children or sold real estate in the previous year, says Robert Gauvreau, CPA and founder of Gauvreau & Associates.Offers instant insight: Riley Adams, CPA and founder of Young and the Invested, notes that tax software can instantly calculate how different filing decisions will affect your tax bill.Provides live support: While you won't see a tax professional in person if you use tax software, some programs provide live, one-on-one customer support over the internet or by phone.Cost-effective: You could easily pay a tax professional $220 or more to prepare an individual tax return, whereas using tax software will cost significantly less.Fast: Tax software can significantly speed up the filing process compared to doing your taxes manually with paper forms, especially if you've stayed organized throughout the year and have all your pertinent information readily available.