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Many tax services advertise online tax preparation, but they do not necessarily offer online tax preparation services. For instance, some tax preparation companies offer the same tax software online that is also sold at retail outlets and call this on-line tax preparation. Two examples of “true” online tax return preparation offering very similar products (89tax.com […]
The IRS has posted its annual Dirty Dozen list of tax scams for 2022., The annual Dirty Dozen list is a way of alerting taxpayers and tax preparers of schemes and abusive arrangements. Below is a listing of the schemes that the IRS is highlighting this year. Bogus Tax Avoidance StrategiesThe IRS is warning taxpayers […]
Is TurboTax Free? (From a March 2021 Pro Publica Article) It’s the time of year when people open search engines and ask: “Is TurboTax free?” TurboTax is no longer participating in the IRS Free File program, a public-private partnership that it helped construct. In 2019 and earlier years, TurboTax and H&R Block together accounted for around two-thirds […]