Did you know that Taxes are to be filed for 2015 tax year by Monday, April 18th, rather than the traditional April 15th. Here is the reason:
Emancipation Day is an official public holiday in the District of Columbia. It usually falls on April 16, but when April 16 is a Saturday – which it is in 2016 – then Emancipation Day moves to the previous day (Friday). (Source: IRS.gov )
It used to be that you had two options – use a tax preparer OR use tax software. Before that you either used a tax preparer OR you wrote down your taxes on forms you picked up from the library or post office.
Now you have all kinds of options! You can still use a tax preparer (a CPA, an accountant, H&R Block, Jackson Hewett, Liberty Tax Service, etc.) OR you can…
- Download software or install software from a CD. Examples: TurboTax, TaxAct, H&R Block, Jackson Hewett, TaxSlayer, etc. Here is a review of software by PC Mag.com
- Use online ‘software’ such as TurboTax online, H&R Block online, TaxAct online, TaxSlayeronline, etc.
- The IRS is even offering options – ‘Free File‘
- NOW, you can even use APPS on your iPad or even your smartphone. Here are some reviews of these from Digital Trends:
I’ve used H&R Block Tax preparation service and have been pleased with the service. For one thing, it helps to have someone working with you rather than you feel all alone in the process. The price for a service can be steep though.
I’ve also used both online and software versions (mostly TurboTax). Each year they seem to get better and better and easier and easier. I’ve actually used the software the same year that I’ve used a service and the results of both were very similar.
I have not used APPS and probably won’t but if someone has very easy taxes, it might work out great.
Security, of course, is an issue with any of the choices but what are you going to do. It seems to me the risk is about the same with all the choices, although the risk in each is different.
Good luck on those taxes! YOU CAN DO IT!