TaxACT®, America’s #1 Value Leader in Tax Preparation Software Products and Services, Soothes the Sting of Preparing Tax Returns

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TaxACT 2004 Offers Consumers Fast, Accurate, and free Tax Preparation via the Web

2nd Story Software®, Inc., developers of America’s most trusted value-priced tax preparation software, announces the release of TaxACT® Standard and Deluxe Editions for the 2004 tax season.

Simplify and Streamline! TaxACT Deluxe Gets Recognized and Offers Improved Navigation, Expanded Advice and Additional Calculators Denoted recently by PC Magazine as having a “sleek and fast design”, TaxACT 2004 Editions are designated as being the Editor’s preferred choice for “finance-savvy” taxpayers. TaxACT’s 2004 Deluxe Edition continues to simplify tax preparation and provide its users with an exceptional experience by improving its link integration to expert tax advice and help features. At the same time, TaxACT has expanded the number of its interactive calculators within the Life Events QnA process, which are provided in partnership with J.K Lasser’s™ Your Income Tax 2005 by John Wiley & Sons, Inc. – America’s all-time best-selling tax guide. More than ever, TaxACT Deluxe’s robust content safeguards do-it-yourself preparers by providing the step-by-step guidance that is inherently needed when attempting to interpret complex tax codes, while alerting them to potential pitfalls that relate to last minute tax law changes.

TaxACT’s continued commitment to provide American taxpayers with quality Web-based products at unbeatable prices and superior support, has facilitated special distinction for 2nd Story by earning BizRate.com’s “Circle of Excellence” Platinum award. The Circle of Excellence recognizes the BizRate.com e-tailers who demonstrated outstanding performance throughout the year. Over 3000 quality, consumer-rated online merchants from the BizRate Shopping Search Engine were considered for the awards. The awards are based on the direct feedback, collected at the point-of-sale and after delivery of goods, from customers concerning seven key satisfaction metrics including: Overall Satisfaction, Product Selection, Ease of Finding Products, Repurchase Intent, Product Met Expectations, On-time Delivery, and Customer Support.

“We are delighted to have received this recognition. It is based on customer feedback, which we judge as being the most important indicator of TaxACT’s ability to exceed consumer expectations,” says Lance Dunn, President of 2nd Story Software. “Moreover, a merit such as this does well to reinforce that consumers appreciate our effort to produce a quality product that consistently provides relevant enhancements. Indeed, it’s thrilling to know that it is customer input and loyalty that has helped to position TaxACT’s brand name so that it is, in every aspect, synonymous with ‘value’.”

TaxACT Platforms and Pricing

TaxACT Online Standard and Standard Software for Windows contain the most common forms, schedules, and worksheets and enables users to prepare and print a paper return for FREE – no gimmicks, stipulations, or rebate checks to mail. Users have the option to electronically file for the nominal fee of just $7.95 per return.

For the do-it-yourself tax preparer wanting extra advice or who has a more complicated tax situation, TaxACT is available in a Deluxe Edition and includes one (1) free federal e-file – a $7.95 value in itself. The cost to use Deluxe Online is just $9.95; or, for those that prefer to the software version of TaxACT Deluxe Edition for Windows, the cost is just $12.95 and includes the ability to prepare and print an unlimited number of returns, plus one (1) free federal e-file. TaxACT’s best value, is the TaxACT Ultimate Bundle, combining TaxaCT Deluxe and one State Edition for one low price. The Ultimate Bundle for desktop customers is $19.95, and for Online customers is $15.95.

About TaxACT

Now in its 7th tax season, TaxACT is America’s #1 value-leader in tax preparation software and consumer tax services. Continuing its mission to play a leadership role in the financial planning software industry by providing consumers with a reliable vehicle to develop tax-savings strategies, TaxACT enables consumers the ability to confidently prepare and file tax returns with utmost ease – without having to invest a great deal of time or money.

According to an independent audience measurement study conducted by Nielsen//NetRatings between the 2001 and 2002 tax seasons, TaxACT’s Web-based products demonstrated a 75% growth rate – distinguishing TaxACT as the fastest growing online tax service. Accordingly, Hitwise's month-end report, which monitored 113 sites within the Web’s Business and Finance – Accountancy category, established that TaxACTOnline.com received the 2nd highest number of visits, overall, during the month of April 2004.

To ensure ease-of use, TaxACT’s software and Web-based service options features an interface that allows its users two distinct methods of entering their information: the interview format or the forms-based entry method. TaxACT also contains a highly reliable and robust alerts system to help prevent costly mistakes that are most often caused by omissions or missed opportunities to maximize deductions. Regardless of the TaxACT version and / or platform, all forms are IRS and State approved.

About 2nd Story Software, Inc.

2nd Story Software is a privately held company founded in 1998 and is the foremost leader in developing and marketing affordable tax preparation software and Web-based services direct to end consumers. Via the Web, TaxACT includes the flexibility of online tax preparation services as well as the availability of downloadable desktop software. To date, the comprehensive suite of TaxACT’s products have enabled over 13 million consumer returns to be filed and continues to empower its users to make well-informed decisions with ease, while looking out for the cost-conscious.

More information regarding 2nd Story and the TaxACT product line may be found by visiting http://www.TaxACT.com. Those interested in accessing TaxACT’s online services may visit http://www.TaxACTOnline.com. For more information about Nielsen//NetRatings and Hitwise™ may be found by visiting their respective site at http://www.nielsen-netratings.com/ and http://www.hitwise.com/.

2nd Story Software, Inc., the company and product logos, TaxACT, and TaxACT Online, among others, are registered trademarks and / or service marks of 2nd Story Software. Other parties’ trademarks or service marks are the property of their respective owners and should be treated as such.

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Stephanie Behrends
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