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Law & Legal
  1. How to Qualify for a Medicaid Waiver
  2. Six Reasons Someone May Be Placed Under a Guardianship
  3. What Can Be Included in a Will?
  4. How Much Should You Put as a Down Payment on a House?
  5. 3 Assets That Can Fund a Trust
  6. Why You Should Have a Life Insurance Policy
  7. Is Real Estate a Good Financial Investment?
  8. S-Corp vs. C-Corp
  9. 5 Reasons Someone Might Disinherit a Child
  10. Benefits of a Testamentary Trust
  11. Steps on How to Sign Up for Life Insurance
  12. What is the Estate Administration Process?
  13. What Types of Government Benefits are Available for the Elderly?
  14. What is the Job of an Executor?
  15. What is a Simple Estate Plan?
  16. Why You Should Have a Will
  17. 3 Things You Need to Prepare Your Taxes
  18. Tips for Planning an Estate
  19. What is Electronic Notarization?
  20. Are There Requirements to Qualify for Medicaid Home Care?
  21. 3 Benefits of Tax Planning
  22. 3 Things to Know About Retirement Planning
  23. How Does Mental Illness Impact Your Estate Planning Process?
  24. What is a Lawsuit for Wrongful Death?
  25. What is The Tax Code?
  26. Guide to Become a Tax Advisor
  27. Does My Parents' Divorcing Impact My Inheritance?
  28. Guide to Understand When You Should and Shouldn't Buy a Home
  29. 3 Things a CPA Can Help With
  30. Tips to Maximize Your Tax Refund
  31. 3 Reasons You Should Have a Tax Accountant on Retainer
  32. Do Self-Employed Individuals Get Taxed Differently?
  33. What are Unclaimed Funds?
  34. 4 Things to Know About Surrogate's Court
  35. 3 Reasons Having Advance Directives is Important
  36. What are Estate Taxes?
  37. What is The Estate-Tax Exemption?
  38. Who Has to File Taxes?
  39. 3 Reasons You Should Have a Trust Protector
  40. Understanding Spousal Impoverishment
  41. Who Files Taxes For Businesses?
  42. Should I File My Taxes Using Turbo Tax?
  43. 3 Ways to Protect Against Financial Exploitation
  44. Who Qualifies for a Special Needs Trust?
  45. Guide on How to Write Off Business Expenses When Doing Your Taxes
  46. 3 Things Every Small Business Should Know
  47. Why Updating Your Will is Important
  48. What is the Probate Journey?
  49. What Happens if I Don't File My Taxes?
  50. Tax Accountant vs CPA
Should I File My Taxes Using Turbo Tax? {{ currentPage ? currentPage.title : "" }}

Filing taxes may not be the most enjoyable thing to do on the planet, but it is necessary. The Internal Revenue Service (IRS) can be relentless in its collection activities, and a tax audit by the IRS can be a real headache.

Some people turn to tax services to get their annual tax returns prepared and filed, but others use DIY tax software like Turbo Tax. This is a software solution that lets you input your tax information and prepare and file taxes on your own – but is Turbo Tax a good choice for filing your taxes?

The Pros of Turbo Tax

One of the biggest selling points of Turbo Tax is that it handles a lot of the complex math for you. When preparing your taxes, all you have to do is enter the information from the tax forms provided by your employer and the software calculates everything according to the correct year’s tax rules.

Also, Turbo Tax offers free preparation and filing in some cases. Federal filings are usually free with Turbo Tax, but you may also be able to file your state taxes for free.

The Cons of Turbo Tax

The downside to using Turbo Tax is that complex returns are often made no simpler using this software. Turbo Tax can handle complex returns in most cases, but the software doesn’t remove the challenge of preparing a complex return. This means that you may still make errors and possibly end up penalized by the IRS when filing your return through Turbo Tax.

Working With a Local Tax Service

If you want to ensure your taxes are done by a professional who knows the tax laws for your state, consider looking for a local tax service. In NYC, you could look for a tax service New York residents trust for expert preparation. A tax service New York residents turn to for guidance will have a keen understanding of tax laws that apply to NYC, and you can also be assured that you’ll have a real human to turn to if you have questions about your return.

Author Resource:-

Mark writes often about tax and estate planning. His articles may include topics like tax planning, estate planning, business accounting or any other tax service to help the people in needs. You can find his thoughts at tax planning blog.

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