Taxes
12 articles
Anyone who’s filed a tax return knows the U.S. tax system is complex and difficult to understand. Many say corporations, wealthy individuals, and special interest groups use loopholes to avoid paying their fair share. One idea for fixing the system is called FairTax. But would it really work?
Contrary to popular belief, offshore banking isn’t limited to the rich and unethical. It’s sometimes necessary for people — even ordinary Americans — to have offshore accounts for legitimate financial reasons. Curious what offshore banking can do for you?
Minor efficiency upgrades are a fast, easy, and effective way to save money on utilities. But they don’t permanently improve your home’s ability to retain warm or cool air. Fortunately, these government tax credits and incentives can offset the cost of residential green energy projects.
Does your current bookkeeping system involve a spreadsheet you never remember to update? If so, there’s a better way for freelancers and the self-employed to track write-offs and more. If you’re looking for a hands-off bookkeeping app you can also use to file your taxes, check out Keeper Tax.
Jackson Hewitt’s tax service helps millions of Americans prepare and file their taxes each year. It offers one DIY plan and one tax professional-prepared plan. Both are competitively priced compared to other online tax software. But is Jackson Hewitt Online right for you?
Cash App Taxes combines totally free prep for most tax situations and impressive user-friendliness, making it one of the top free online tax options for U.S. filers. Learn more about it here.
Inexpensive tax service eFile has value-added features other bargain tax prep providers don’t offer, but it’s not in the same league as full-service online providers. Before you jump on board for the attractive pricing, learn more about its pros and cons.
DIY tax prep service eSmart Tax is similar to better-known online filing options but cheaper. Unfortunately, there are several disadvantages that may be a deal-breaker for some tax filers, so it’s best to understand exactly how it works before you dive in.
TaxHawk is one of the few online tax preparation platforms with free federal filing for the vast majority of filers. But there’s a catch — it’s an entirely DIY process. But that doesn’t mean it’s not an excellent deal for those who can handle it.
Low-cost online tax prep provider 1040.com has a user-friendly interface and a single price point that’s appropriate for tax situations of any complexity. But with limited professional support, it pays to understand its plans, features, advantages, and drawbacks before using it.
Taxhub blends the user-friendly interface of online DIY services with the expertise of in-person tax preparation services. But it may be better for some filers than others. Find out whether it’s the right service for you, whether you file individually or as a business.
E-file.com is cheaper than full-service competitors, but it isn’t right for everyone. Before you sign up, carefully review its features, pros, and cons to ensure E-file.com is the right tax preparation software for your needs.
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