Should You Use Tax Software or an Accountant?

We want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.

Filing taxes is never easy. And for many Americans, it’s even more complicated this year.

Between mid-season changes to the tax code, multiple stimulus packages, and filing extensions, there are plenty of big-picture challenges. And if you had weeks of pandemic-related unemployment benefits to account for or you bought a house or refinanced in 2020 amid historic low rates, your individual return may be more difficult than usual, too. 

Whatever the circumstances, choosing the right filing method can make taxes a little easier to navigate. For some, do-it-yourself online tax software offers a quick, easy, and inexpensive way to get the job done with little complication.

Read More

The 4 Best Free Tax Software Options To Use Right Now



a woman sitting at a table using a laptop: Young woman using computer at home.


© AleksandarNakic / Getty Images
Young woman using computer at home.

In 2020, nearly 170 million individual tax returns were filed by Americans — and 153 million of those were filed electronically. Although all taxpayers must file a return and pay what they owe, there’s no reason to navigate those complicated forms and confusing tax laws alone.

Read: Most Popular Things To Do With Your Tax Refund — and How To Do It Smarter

Below are the four best free tax software options online that you can use right now to help you achieve the best outcome possible.

  • IRS Free File
  • TurboTax Free Edition
  • H&R Block Free Online
  • Credit Karma Tax
  • Which Is the Best Free Tax Software for You?

IRS Free File

When choosing free tax software, why not go right to the source? The IRS Free File program provides taxpayers with state-of-the-art tax preparation software through an

Read More

Best free tax software in 2021

Due to the COVID-19 pandemic, tax filings and payments for individuals were extended to May 17, 2021 by the IRS. But that day is quickly approaching, and tax preparation takes time and careful attention. Understanding the tools available to you is important, too. 

Using a tax preparation service or a professional tax preparer is great if you can afford it. But many people are unaware that there are free tax software options available. 

No matter how you file taxes, there is free tax software on the market that can help you get it done quickly and efficiently. Here is a look at some of the free tax software options that could help you during tax season. 


Its goal is accuracy and max refund for tax filers

credit-karma.jpg

Credit Karma

It may seem odd at first to list Credit Karma as one of the best free tax software since most folks associate

Read More

Best professional tax software for tax preparers in 2021

Whether you are an independent tax professional or a CPA working in a large firm, you want to make sure you are using the best professional tax software available. You want software that meets your needs and, above all else, the needs of your clients. As a dedicated tax preparer taking the administrative and logistical burden off of taxpayers who simply don’t have the time or means to carry it themselves, you want to have tax software that provides a high security and efficiency level.
 
Tax preparation requires constantly keeping abreast of changing tax laws, which became more difficult in the past year with the effects of COVID-19. The federal and state governments have extended filing deadlines, mailed stimulus checks and other forms of aid, and allowed for deferred employer payroll taxes. The tax landscape has changed drastically, but the best tax software will always hold high value under

Read More