It’s that time of the year again! The filing deadline for most taxpayers to submit their 2022 tax returns or an extension to file and pay any tax owed is Tuesday, April 18. But there’s no need to worry; tax preparation software can make the process simpler and faster.
These providers offer easy-to-use interfaces, automated calculations and step-by-step guidance. Tax preparation software can also help you stay organized, optimize deductions and save time and money.
Doing your own taxes can be a smart move to maximize your tax savings, but it is important to choose the right software for your needs.
Cash App Taxes
Formerly Credit Karma Taxes, Cash App Taxes is 100% free with no hidden fees and even includes free audit defense with every return. You can use it on your computer or phone and file in minutes!
They offer a Max Refund Guarantee, and if you deposit your refund into your Cash App account, you can get your money up to six days early. Pay $0 to file your federal and state returns with confidence. Download the app to get started today!
TurboTax offers free, deluxe, premier and self-employed versions of their easy-to-use software, depending on your specific needs. It can search 350+ tax deductions and credits, auto-import crypto and stock activity and cover rental property income and expenses.
TurboTax can also provide guidance for freelancers and small-business owners. Click and see if TurboTax is right for you.
TaxSlayer is an online-only tax preparation software that includes all the forms, calculations and resources you need to file your federal and state taxes electronically.
They also have various products to choose from based on your tax situation and offer the option to deduct the cost of services from your federal refund. You can even download their app and file on the go!
Another option is H&R Block. You can prepare your return on any device, with unlimited, on-demand help from a tax professional. Are you a ride-share or food delivery driver? H&R Block Self-Employed makes sure you claim every deduction and get back every dollar you deserve!
For your piece of mind, the online product will store your returns for six years, and for those of us who prefer using our desktop computer, they even offer a software download version. Check out H&R Block now!
TaxAct also offers various versions of their software to meet everyone’s needs. You can import prior year’s returns from previous online tax providers and choose to have your fees deducted directly from your refund.
They even offer audit assistance, so you can rest easy knowing a dedicated tax professional will handle interactions with the IRS on the off chance you get audited over the next three years after you file your return. Try it today and get 25% off federal and state filing.
The bottom line
There are many tax preparation services and apps available that cater to taxpayers with more complex tax situations. Whether you’re a small-business owner, self-employed or have investment income, there’s an option that can help you file your taxes accurately and with confidence.
These companies typically provide more advanced features and support, as well as access to tax professionals, making them a great choice for those who need additional help and guidance when filing their return.