H&R Block’s Message To Trump: We Want A Simpler Tax Code Too

It appears that Trump, the Republican front runner in the 2016 presidential election, is going after H&R Block via one of his many campaign rants. H&R Block’s Message To Trump is quite simple. He says that he wants the federal government to change the tax code so much that it puts H&R Block out of business.

The ability to make the federal tax code easier to understand has always prompted public debate. For the last twenty years, Steve Forbes has proposed a flat tax that requires just a one page tax return.

However, the United States tax code is still very hard for the average person to decipher because it has so many types of deductions, credits, exemptions and brackets to understand.

Last year, one out of every seven taxpayers had their taxes prepared by H&R Block. The company had about 17 percent of the physical tax preparation market … Read the rest

Why TurboTax Is So Simple

When you enter you username and password for the TurboTax login, you are going to have the chance to get your taxes done in a record amount time. Studies have shown that the time to prepare your taxes is greatly reduced when using online tax software like TurboTax. You want to have a tax assistant that is going to allow you to finish your taxes without feeling as though you are going to run out of time even if April 15th is approaching. The tax programs of today make your life much easier. And remember that you can use Intuit’s TurboTax program to do any kind of tax return that is needed, from the simple return to the most complicated.

The Simple Return

When you are doing a simple return (like a 1040EZ) on the program, you are going to be able to get it done quickly because you … Read the rest

H&R Block Still Bows To The Expertise Of TurboTax

There is a simple reality that people seek from tax preparation software. You want to be sure you are getting the maximum tax refund with the easiest time doing so, but not having to hire someone or be a tax expert in order to do so. Until only a few years ago people would pay around 250 dollars to have someone prepare their taxes, which would take them less than an hour. I then discovered that these professionals use the same software that I can use online. The days of using tax preparers became numbered in my opinion, as I stopped using them. While you may still need to use a preparer depending on what deductions you have to write off and document, you can usually go without this expense nowadays.

There are many wonderful options on the Internet for people to use if you use a Mac or some … Read the rest

Filing Confusion Faced By U.S. Citizens Living Abroad, June Deadline

Expats wondering about filing and health care requirements, have the opportunity of taking advantage of the expert advice and assistance offered to them by H&R Block, who estimate 1 in 3 expats haven’t filed a 2013 return. They are facing a filing deadline of June 16th this year.

To be of the greatest help to these taxpayers, H&R Block last season launched a remote filing service, and for this tax season, expanding it even more.

Roland Sabates, who is the director of the expat filing services offered by H&R Block has said “U.S. expats may miss many things, but the tax deadline should not be one of them”.

To understand their U.S. tax obligations, there are three questions that expats should be answering:

Are they required to file?
Which foreign assets must they report and how does money in foreign accounts get reported?
What is their responsibility to maintain … Read the rest

Easy And Convenient Tax Prep With TurboTax.com

First time tax filers may be anxious about completing their taxes. Some even wait until the last minute without being aware of it. Filing your 2013 taxes is a necessity. Knowing what mistakes to avoid can make the process easier and allows individuals to submit their taxes right on time.

Those who are preparing their 2013 taxes for the first time may wonder where to begin. They have to think of their tax preparer. Have they even picked one out? Those who haven’t may not know where to turn. Others may already know about TurboTax.com. It offers free federal filing and even offers multiple options for filing state returns. Using the site allows individuals to complete their taxes securely and properly. They will be guided through each step in the tax preparation process to get their 2013 taxes submitted. There is superb customer service to help customers when they want … Read the rest

Comparison between the Cost of TurboTax and other Online Tax Services

It is finally the right period of the year for tax filing, and therefore time for individuals to decide how they want their taxes filed. A person who prefers to prepare their tax return rather than use an accountant or a tax preparation chain like H&R have most likely come across TurboTax 2014. This is among the most desirable online tax services so definitely many users will be using TurboTax2014 software. But how does its prices compare to those of other online tax services?

TurboTax 2014
Whether a customer wants to file a 1040EZ or is interested in something more complex or to file for their little businesses, TurboTax 2014 has a solution. It offers free federal tax preparation for simple returns and three other additional packages. Those other packages are the deluxe, premier and home and business at $29.99, $49.99 and $74.99 respectively. In addition to this, their … Read the rest