San Francisco, CA (PRWEB) March 26, 2012
TechBargains.com, a leading deal aggregation website for electronic products, released its Tax Prep survey results revealing that procrastinators (those who file in April or file for an extension) pay nearly double the amount of early filers (those who file in January and February). Procrastinators tend to pay an average of $163 whereas early filers pay an average of $87. Additionally, 89% of early filers feel positive about their tax prep method where only 62% of procrastinators feel positive about their tax prep method. The survey also found that March is the month where most people file taxes (37%) and January is the least likely month for people to file taxes (10%).
The results indicated that while mobile currently gets a lot of hype, when it comes to preparing taxes, traditional devices, including laptops and desktops still rule. The survey found that over 53% of people who file online or use tax preparation software use desktops, 45% use laptops and only 2% of people use smart phones and tablets.
“While the shift to everything online is certainly changing the way we perform daily tasks, people are still not comfortable filing their taxes via smart phones and tablets, especially when it comes to sensitive financial information,” said Yung Trang, President and Editor in Chief of TechBargains.com. “Looking ahead, we believe that consumers will continue to file their taxes via more traditional methods including laptops, desktops or through an accountant as a result of security concerns and a desire for ease of use.”
Money, Money, Money
The survey found that on average, Americans spend $114 on tax preparation. The average cost of tax prep software is $54, a website is $60 and the average price to hire an accountant is $266. The survey respondents who paid an accountant pay an average of 130% more than those who use alternate methods. The majority (66%) of people use tax software and a website for filing taxes.
Devices: Go With What You Know
The survey found that last year 57% of people filed their taxes using a desktop and this year that number declined to 53%. Last year 42% of survey respondents filed their taxes using a laptop and this year that number increased to 45%. The results also found that this year only 2% of respondents used a tablet or smart phone.
2011 vs. 2012 vs. 2013
The survey also revealed the digital methods people used to prepare their taxes this year versus last year, and insight into how people believe they will file next year.
The survey results indicate:
- Last Year: 34% Software, 30% Online, 30% Hired Accountant, 6% Pen and Paper, 0% App
- This Year: 35% Software, 31% Online, 28% Hired Accountant, 5% Pen and Paper, 1% App
- Next Year: 37% Software, 32% Online, 26% Hired Accountant, 4%, Pen and Paper, 1% App
Overall, 77% of people feel positive about their tax preparation method. Only 6% of people say they will choose another tax prep method next year. Of the findings, the most important reasons for choosing the selected method was accuracy (35%) and ease of use (34%). While the least important reason for choosing the selected method was time (40%) and price (25%).
A TechBargains.com infographic illustrating how people are preparing their taxes this year and a complete list of the survey results can be found here. Helpful resources for consumers including product reviews, product deals, gadget giveaways and seasonal shopping tips can be found on Techbargains.com’s YouTube channel.
Founded in 1999, TechBargains.com is a deal aggregation website that combines unbiased expert hand-curation and a real-time price/value discovery algorithm. TechBargains uses this technology to highlight the best laptop deals and coupon-codes on the Internet each day. Over $150 million worth of products were sold via TechBargains.com over the last year. As a Bronze Stevie Award recipient in the e-Commerce and Customer Service category, 80% of the people that visit the site are repeat visitors and give TechBargains.com a 98% customer satisfaction rating. TechBargains.com is actively pursued by manufacturers based on the quality of channel and sales achieved. The company is a top partner to Dell, HP and NewEgg. For more information visit http://www.techbargains.com or join the conversation on Twitter @techbargains or Facebook.