February 16, 2009 – 6:03 pm
TaxSimple – Online Tax Preparation Software
Prepare your federal tax return for free and only pay a small $9.99 fee if you print of eFile your return. Why not try it before you purchase? And all versions of the software are currently priced at the low $9.99 price including Simple, Deluxe, Premier, and Ultimate. Only pay more if you have a complex business return.
Simple Edition
With the Simple edition from TaxSimple, you can prepare not only your federal tax return but also your state tax return for free. Fees only apply when printing or eFiling your returns. Your … Read more at 2008 Taxes.
February 16, 2009 – 12:58 pm
You probably know about taking deductions to reduce your tax liability. To be clear, deductions are not the same as tax credits – deductions are applied to your earned income before calculating taxes, and thus reduce the amount on which you are taxed. Tax credits are more valuable, and are a direct credit towards the tax that is due.
When you do your taxes each year, you can either take a standard deduction, or you can keep a record of tax deductible expenses and choose to use that if it is greater. For 2008 the standard deduction is … Read more at 2008 Taxes.
