Maintain Security When Filing Taxes Electronically

How to maintain security when filing taxes electronically

Millions of U.S. taxpayers have used electronic software applications like TuboTax.com to e-file their taxes, many doing so from the home desktops. Roughly six percent more consumers are using this method of submitting tax forms, than the numbers who did so in 2012.

Though e-filing is convenient and easy, it can create a risk to the taxpayer, with the filing of fraudulent tax forms and and identity theft. These undetected thieves were able to get away with over three and a half billion dollars in 2011, according to the Inspector General.

The following tips for protecting your information and identity are offered by experts in internet security

Don’t assume all emails genuinely originated from the Internal Revenue Service!

One method of committing fraud is to send an email to the taxpayer, pretending to be the IRS. This form of gaining access, … Read the rest about Filing Taxes

Turbo Tax Released to Solve Your Tax Return Troubles

TurboTax 2014 will enable you to get a tax refund that will make you a richer man. It is of significant advantage to you, because it has the capability to find loopholes in the contemporary tax code.

Additionally, TurboTax can also track any changes in the tax code for you only, over several years.

The tax return software guides you through any bureaucratic obstacles in the process of filing the relevant forms. It takes you systematically through each step, while offering you value for your tax return.

This software comes with an instruction manual, that originates straight from the IRS. The process is very straightforward and simple to follow, with no stone left unturned. In regards to the filing taxes, these tax programmers are more advanced that most laymen.

Most persons procrastinate when it comes to the filing of their taxes, but TurboTax ensures that you get the … Read the rest about Filing Taxes

Filing Your Taxes With TurboTax

Tax time can be stressful for many reasons, but if you use TurboTax 2014 may be the year that filing taxes becomes as easy as possible. TurboTax software can help you get the tax advantages that you are entitled to, and the following list highlights why millions of people file their taxes with TurboTax.

Easy to Navigate

The best software is easy to follow and easy to use, and this is the hallmark of TurboTax software. The steps take you through detailed questions that verify your information. You will end up with a complete picture of where you are in terms of your tax status and deductions.

TurboTax keeps you from duplicating work since the information from your federal income tax return can be efficiently transferred to your state tax return. This helps keep tax preparation time to a minimum, and the transfer feature helps to maximize the accuracy … Read the rest about Filing Taxes

How To Choose The Right Filing Status For Your Taxes

When filing taxes, it is crucial to indicate your current status. This is because this status actually determines the amount of money you should pay in taxes. It may also be important in deciding whether to file tax returns or not. How do find the right filing status for your taxes?

English: Map showing the status of same sex ma...
English: Map showing the status of same sex marriage in the USA. Same-sex marriage recognized Unions granting rights similar to marriage Unions granting limited / enumerated rights Foreign same-sex marriages recognized Same-sex marriage banned by statute Same-sex marriage banned by constitution Same-sex marriage and similar unions banned by constitution (Photo credit: Wikipedia)

Whenever you have to indicate your status, it is vital that you consider the last status you had as at 31 Dec. However, when you are in a situation where more than one status is applicable, it is safe to go with one that will require you … Read the rest about Filing Taxes

How To Use The IRS To Get Free Tax Help

A lot of people require help when filing taxes. Deciding on the forms to fill, number of dependents and how to claim your tax refund are some of the prevalent concerns that taxpayers face. How do you get free tax help?

However, there exists numerous methods that can be helpful during the process. Below are some of the best techniques and practices that you can employ on top of using TurboTax 2014.

Get Free Tax Help

The IRS website (www.irs.gov) is a one stop shop for tax payers. “1040 Central” is especially beneficial to those who are experiencing difficulties with filing their taxes. It will give you tips, guidelines and a lot of useful information. Moreover, the page has links to other important webpages such as the latest news and FAQs.

Online tools such as the Interactive Tax Assistant and IRS Tax Map can also be useful in giving you solutions to some … Read the rest about Filing Taxes

Free File Makes Tax Filing Easy

Filing taxes is easy if you take advantage of the arrangement between the IRS and the Free File Alliance, a group of private sector companies producing tax filing software. These companies allow their products to be used for no cost, and over 40 million taxpayers have safely and easily electronically filed their tax return for free using the software. Filing your return electronically and requesting direct deposit when filing taxes is the fastest way to get your tax refund.

Free file
FILED Rubber Stamp (Photo credit: Enokson)

You must go to the IRS website (www.IRS.gov) to use the Free File program and you can prepare, print and then file your tax return once you have chosen a company to work with.

You may be able to find useful tax breaks that you can claim, by using the question and answer format of the Free File software, and the software will do all … Read the rest about Filing Taxes

The New TurboTax – A Better Way To Accomplish (and Understand) Your Tax Returns

If you are looking into using TurboTax to help you manage, organize and file your taxes, then you are on the right track.

In the past few years, TurboTax’s user interface has under gone many changes and updates. After a while, it just became exhaustingly confusing for users. Some buttons are moved, removed and some just stayed where there were, but it cannot be denied that the changes can be overwhelming.

Even though the creators of TurboTax have their hearts in a good place, the continuous makeovers can be quite too much for the average user, especially the crunch time for filing taxes.

The good news is, Intuit, the developer of TurboTax, showed that they do care for their customers. This has become apparent in the most recent redesign of their user interface (UI). TurboTax 2014 makes the process of filing taxes faster and easier.

The newest version … Read the rest about Filing Taxes