Online Tax Preparation

Why choose Online Tax Preparation

As a taxpayer you have many choices when it comes time to file your taxes.

  • You can buy software, install it and file your taxes yourself.
  • Hire an Accountant or a Tax Preparer to file your taxes for you.
  • Use an Online Tax Preparation website and do it yourself.

Let’s take a look at each one of these.

Tax Preparation Software

If you opt for this method you will have to purchase new software every year plus pay any applicable fees for filing your return using their software.

Accountant or Tax Preparer

Choosing this method you will usually have a large fee for the filling out of your tax return and in many cases fees from whatever program or website they use.

I will let you in on a little secret about this method.

Most tax preparers who work out of their home or small business that do this, use the same type of website or software that you could be using yourself.

Quite a few years ago we hired an accountant to do our taxes, he had to leave the room for a few minutes and so I peaked at his computer, guess what I saw?…. He was on the leading tax website; _____tax using their website to do our taxes! He charged us $100 to do our taxes plus we had another $40 or so taken out of our return for him using the website! I wanted to leave right then and there, but the ex-wife…, well we stayed.. enough said. I have been doing my own taxes ever since.

The tax preparer takes your information from your paperwork and just fills in the blanks, just like YOU would be doing yourself in the next type of preparation.

The only people that would require this type of service is people who have a large amount of deductions, combined small business and personal deductions or similar situations.

The vast majority of people filing taxes can do it themselves with very little difficulty. The tax system does all the work, checks the return for errors and efiles the return for the preparer, be it you or a tax professional.

If you are dead set at using a tax preparer do yourself a favor. Try us out for FREE and see what results you get. Then write down your refund amount or what you owe before you visit your tax preparer. When they are done compare what you came up with from our service and what they did. In most cases they will be the same, they might come up with a little more, but remember, you will also be out their fees!

Online Tax Preparation

Online Tax Preparation websites like FileYourtaxesNow.com allows you to file your taxes yourself using the same type of system that tax professionals use. You just gather your w-2s and any other information required and fill in the blanks.

At FileYourTaxesNow.com our system was developed by the makers of one of the number one softwares used by tax professionals and accountants in the USA. You can rest assured that our system will do the best job of filing your taxes correctly while givng you the maximum refund possible.

What if I make a mistake?

Our system will show you any errors on your return and it won’t let you file your return with errors on it.
The key here is to double check your entries to make sure there are NO mistakes in the numbers you entered from your W-2s or other paperwork you have.

Try us for Free!

You don’t have to pay until you officially file your return by efile or you print your return out to file it by mail. Try our easy to use system, see what results you get ~ we believe you will be pleased.

e-Filing

eFile Your 2007 Income Tax Return Electronically

  • Nearly 80 million tax returns were e-filed in 2006! (22.6 million were filed from home computers).
  • Ask us about filing and paying electronically. Filing taxes online and paying electronically gets taxes done more accurately, quickly and efficiently.
  • Electronic tax filing and paying ensures that your tax information arrives and that your history is safe and secure.
  • Direct Deposit of your tax refund will ensure you recieve your refund safely. 115,478 taxpayers did not recieve their refund checks (worth about $110 million) because the checks were returned as undeliverable.

Since 2001, the number of e-filed returns has almost doubled and over the past decade the number of e-filers has increased four-fold.

  Year 

Returns

  Total e-file 

 Percent e-file

1997

 121.5 million

19.2 million

15.8%

1998

123.8 million

24.6 million

19.9%

1999

125.9 million

29.3 million

23.3%

2000

128.4 million

35.4 million

27.6%

2001

131.0 million

40.2 million

30.7%

2002

131.7 million

46.9 million

35.6%

2003

131.6 million

52.9 million

40.2%

2004

132.2 million

61.5 million

46.5%

2005

134.0 million

68.5 million

51.1%

2006

136.1 million

73.3 million

53.8%

More than 22.6 million returns have been e-filed by taxpayers doing their own returns, up from 20.3 million from the same period last year. More than 57.4 million returns were e-filed by tax professionals, up from nearly 52.9 million last year.

Begin Preparing Your Tax Return Now