It’s tax time, which is the most stressful time of the year, second to the holiday season. This is where filing taxes online comes in handy. Online tax services make the filing experience easier to handle, so you can get more money back. Before check out some of the online services, you should check out these online tax software packages.
H&R Block allows the option for filing taxes online for free. However, its tiered models start from $29.99 per month to $49.99 per month. There’s an online service for independent contractors, small businesses, and the self-employed that costs $74.99. While state tax returns are free, some paid services start at $39.99, depending on the tax preparation form you use.
H&R Block promises that customers will receive a maximum tax refund – guaranteed. There’s also an interest-free loan for federal tax refunds up to $3,000. The reason why H&R Block is one of the best tax services in Salt Lake City is because of their customer support. They have tax specialists who are readily available to answer customers’ calls. This includes their trained online and phone tax experts and specialists at their 12,000 locations throughout the U.S.
Turbo Tax gives users the option to prepare their taxes online for free. This is only available for basic and easy-to-file tax returns. The tiered models start at $39.99 for the deluxe package and $5.99 for the online tax preparation toolkit. They charge $89.99 for their online tax service for the self-employed.
They also provide their customers with support from professional tax specialists. They can give your tax forms a second look. Or, you can talk to a public accountant online, on an “on demand” basis. Turbo Tax wants to make its online tax services easy to use for its customers.
Their tax return model includes questions about users’ annual income and takes them through the entire process. Users also have the ability to scan or take a photo of their W-2 via their smartphone. They verify their information and let Turbo Tax enter the W-2 information exactly where it needs to go. This makes the entire income tax process quick and painless.
Taxact also offers a free online service, only for simple tax returns. There are no hidden costs or fees for filing easy-to-use state tax returns. For tax forms that are more complicated, the fees will go up. The Basic option starts at $9.95, with an added cost of $19.95 for the state tax return.
The Deluxe option starts at $29.95, which is for homeowners and miscellaneous tax filers who have a long list of adjustments and deductions. The state tax return will go up at this level, costing users upwards of $39.95. TaxAct also offers a $100 refund if you include a portion of your tax refund on the gift card from the list of available retailers. They make it easy for important information from last year’s tax returns.
This software service is cheaper than the competitors on the list. It includes a free online tax return service for basic tax filers. There’s also a Classic edition that starts at $17.00. There’s also a Premium edition for $37.00, and a self-employed tax preparation package that starts at $47.00.
Tax Slayer gives its customers the option to deduct their preparation fees from their federal tax refund. This gives them the option to pay by check, credit card, or debit card. Customers can also get up to a $1,000 automatic advance within 24 hours of filing their taxes. What makes Tax Slayer so attractive is that customers can file their taxes on their desktop computer, laptop, mobile phone, or tablet.
Liberty Tax is one of the few online tax services that offers its easy-to-file tax service for $19.95. The Basic service starts at $29.95, while the Deluxe and Premium packages are priced at $49.95 and $74.95, respectively. Keep in mind that their state tax returns for the residents of Salt Lake City are higher than the other services on this list, starting at $39.95 per return.
The great thing about Liberty Tax is that it has plenty of features. Customers can take out loans from their federal tax refunds, from $5,000 to $6,250, allowing them instant access to their refund. However, this service comes with finance charges starting at $63.70 and up. They can go as high as $108.33 if you take out a $6,250 loan.
This site also includes a tax law changes calculator, so you can keep up with the new federal tax statutes without having to do some research. It also has a W-4 withholding calculator, which allows you to determine how much you should withhold from your paychecks for your tax liability.
Each of these tax software services has its own advantages and disadvantages. It’s important to you do your own due diligence when checking out each of these services. For Salt Lake City residents who are uncertain about filing their taxes, there are plenty of online options to choose from.
When it comes to financial certifications, two of the most recognized and respected designations are…
Bookkeeping is an essential aspect of any business, big or small. It involves keeping track…
As a resident of Utah, you may wonder what income is taxable in your state.…