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Thursday, January 22, 2009

Preparing Your Taxes Online Removes Some Of The Worry From April

By Steve Collins

Did you decide to prepare your taxes online last April 15th or were you among the sleep-deprived, anxious in line at the Post Office? Were you annoyed by the amount you had to pay for having your taxes filed by the tax service in the mall? Were you dismayed by the slips of paper and forms that may as well have been written in medieval Flemish?

You could have been happy, smug in the knowledge that you had chosen the option of preparing and submitting your taxes online and your refund had already been in the bank for weeks.

If you are disinclined to do your taxes online. possibly because you are not 100% confident in using your computer, dont let that stop you. Online tax preparation is not difficult. Most users agree that the process is easy and straightforward. The number of people doing online tax preparation has grown by leaps and bounds in the past three or four years.

Doing your taxes online is a time saving and reasonably priced option, especially if issues like proving hard-to-justify expenses do not complicate your return. Often, state tax forms can be prepared at the same time using the information obtained from the federal forms, (with the exception of state-specific items of course).

Typically, forms completed online show fewer mistakes. Whats even better is that preparing your taxes online speeds up the process, so your refund is in your grip much quicker.

So when tax time rolls around next year, why not go online and try online tax preparation? You will be relieved when April 15th rolls around and you are not among the masses in line at the post office.

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