It's time for our annual look at
high-tech tax help. This year, we will do it in two parts.
Today, tax software. Tomorrow, tax Web sites and some dos
and don'ts.
If
you decide that your tax situation is simple enough not to
require an accountant, then getting a software package is
a good idea.
There
are more than 90 software packages dealing with various tax
issues and problems, but two best ones - by a wide margin
- are Tax Cut, which is made by H&R Block and Turbo Tax,
which is made by Intuit, the makers of Quicken, the bestselling
financial software.
Both
these have similar features and provides easy-to-fill-in forms
and guidelines. They even have people standing by to answer
questions -- for an extra fee. Each comes in various permutations
- Federal only, state only or both - you need to pick whichever
one works best for you, read all the features described on
the respective Web sites. The TaxCut prices are generally
less, with prices ranging from $25 to $60, which TurboTax
prices start at $30.
So
collect your paperwork and try one of these out. But be sure
to double check your computer's math!
Resources:
TaxCut: http://www.TaxCut.com
TurboTax.com: http://www.TurboTax.com