Ostroff, Fair and Company
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Which tax preparation software should I use.?



Which tax preparation software should I use.?

All your choices can be found here.

http://ca.geocities.com/barry123@rogers....

Studiotax is my pref because I am cheap, know what income to report, what deductions I can claim and which credits I am entitled to apply for.
turbo tax
None of them have worked for me but I have a couple situations that are not everyday.

If you simply have income and deductions it may work for you. If you have rental property, alimony, depreciation schedules, anything you deduct mileage for, etc, they may not do the job.
free and better -- www.taxact.com
First of all, I own my own accounting firm and prepare tax returns for clients and have used many different tax softwares in my career. Intuit's TurboTax and H&R Block's TaxCut software are both high quality products for self tax preparation. Both can handle fairly difficult returns, but add-ons can push the price of a federal-state return anywhere from $50-90.

TaxACT and TaxSlayer are also used frequently by people going through the IRS Free File Program (see a list of tax software companies in this program here: http://www.irs.gov/app/freefile/jsp/inde...
and I have only once had a problem with either of them, and that was with TaxSlayer miscalculating the general sales tax for a Schedule A.

However, the best of all is probably CompleteTax. It is a product of CCH Tax & Accounting, and can handle even the most difficult of returns. The backbone for CompleteTax is Prosystem FX Tax, which is the most respected and most used software by large CPA firms in the U.S.

All of that said, I generally charge $75 for a "normal" return, and I have 5 years of increasing experience and responsibilities. Most accountants I know would probably charge between $70-200 for a return, based on their qualifications. I hope that helps.
5 years of tax prep experience through http://www.refundaccounting.co...
TaxAct.com, totally free, unless you have a very difficult return. If you're in Canada, though, I don't know.
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