Webmasters are always way too busy to do additional tasks and they can leverage their time for better things rather than individually filing taxes. And with most of the world coming online, filing online taxes can save one a lot of time.
Returning your tax files online does makes you vulnerable to making mistakes and hence one has to be really careful when filing your taxes online. But neglecting any such issues, online filing makes your returns a lot more faster and easier and hence will save you from a lot of time and hassle.
TurboTax
TurboTax is one of the best online tax preparation and filing apps available on the internet. They offer the most extensible and flexible online tax filing application and if you are a regular user then your information will be inherited from the information that you entered last time of usage.
The application also offers audit protection and hence adds to your security. TurboTax is being awarded as the best application in it’s kind, based on user experience.
H&R Block
H&R Block is very similar to TurboTax and offers a great deal of similar options to prepare and file your taxes.
You can choose from a variety of options from the cheapest one being free and best for personal use to a paid option of 99.95$ for professionals.
Apart from offering online services, H&R Block also offer a desktop application ranging from $19.95-$59.95 depending on the plan you choose from basic to professional.
TaxACT
TaxACT offers a lot of package options which are customized according to one’s requirements. This application is a bit cheaper when compared to other applications of its kind.
The desktop version of the application is a bit more flexible. According to the user reviews, the site has got some great support to help you in case you face any technical issues with their application.
CompleteTax
CompleteTax can be taken up as an alternative to TurboTax and other mentioned applications, incase for whatever reason you are not able to use the one’s already stated.
CompleteTax is very similar to TurboTax and H&R Block, offers limited features and lack of good design just adds to its cons. But still it made on our list as it is still an application good enough to do your job.
It doesn’t offer a desktop software and neither an audit protection. 🙁
OnePriceTaxes
Being the cheapest of all 5 applications discussed today, OnePriceTaxes forms a great option while considering online tax filing.
It doesn’t offer documentations good enough and if you’re seeking for some support then this application might not be the best one for you.
It doesn’t offers an impressive design but has some great features to offer and thus could make a great choice. It offers desktop applications for both Mac and PC but doesn’t provide audit defense, in case you are looking for one.
I guess all these applications will make Tax filing a lot more easier, but do keep in mind the vulnerabilities that may follow while using them.