eFile Income Taxes Online for Free in 2006
In 2006, consumers have many new online ways to prepare and e-file tax returns for free. Several tax software companies offer free tax preparation software.
(PRWEB) December 9, 2005 -- Taxhead.com offers free tax software. And the IRS free file initiative helps low income taxpayers efile their federal tax returns for free. Most states offer free online tax filing.
An executive from www.Taxhead.com stated "Online tax filing has reached a tipping point. Self-prepared online tax filing is growing at 15% a year and last year more than 50% of individual tax returns were electronically filed (e-file). There are real, practical reasons for the growing popularity of online tax software and eFile - easy, fast, secure tax preparation, fewer errors, and faster tax refunds. We offer our tax software free of charge, and link people to state tax sites where they can file their state tax return for free. We only charge a small fee if people want to e-file their federal income tax return. There are no hidden fees or additional services. We make filing taxes easy."
But "free" does not always mean free, he cautioned, "Read the fine print BEFORE you start work on your tax return. Some tax software companies, like www.Taxact.com, do allow you to prepare, print and e-file your federal tax return for free, but charge you extra for tax help and for filing state tax returns. These companies try to suck people into their tax software, knowing that most people will end up paying for tax help and to e-file tax returns. With us our tax help screens are free of charge. Some companies also try to sell you refund anticipation loans. RAL's are loans that usually come with high fees. The IRS does not encourage or endorse the use of RALs, and so we do not offer them. With e-file you can get your tax refund in days, so why pay for a refund loan?"
www.Taxhead.com specializes in short form tax returns (1040A and 1040EZ). Because their tax software is specially made for these tax returns, their tax service is fast and easy to use. People are not asked a lot of questions that do not pertain to their tax situation. He added, "If you file a short tax form, which 70% of all people do, why use tax software designed for more complicated long forms? We think preparing taxes is troubling enough for people. Our goal is to make tax preparation easy and fast. We are an authorized IRS E-File provider, which sets strict security and privacy guidelines. But we also go above an beyond the IRS guidelines for security and privacy."
www.Taxhead.com does not offer state tax filing because many, in fact most, states now offer free tax e-File services. This allows you to file your state income tax return directly through the state Web site.
For example, CalFile is the California Franchise Tax Board's (FTB) free and direct way to file your California income tax return. Over 8 million taxpayers chose to e-file their California income tax return last year because it's a great option for filing. And CalFile is free. No need to pay H&R Block or TurboTax or TaxAct or any other online tax software company to file your tax return -- use Calfile, or other state tax filing sites.
Taxhead.com offers a page that provides links to tax filing agencies in all 50 states. See http://www.taxhead.com?page=states
Taxhead.com, a leader in online tax filing, recommends you use their free tax software to prepare your 1040-A (or EZ) federal tax return. Then use the state e-file services to file your state return, if you need to -- You may not need to file a state income tax return if you are a resident of Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, or Wyoming.
Taxhead.com tax software is free to use. They are an authorized IRS e-file provider and offer e-file for just $12.95. E-file comes with many benefits, making it an excellent value.
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