Many tax preparation programs are released every year, but none of them is as much awaited as TurboTax online tax filing. TurboTax 2014 is widely considered the finest tax preparation software that is available today. This exceptional software is constantly updated to help taxpayers keep up with changes in tax laws and procedures, as well as other related areas.
The new TurboTax 2014 will be released in the middle of December, 2014, and it comes with many excellent features that make the process of tax preparation more hassle-free and efficient. It is also capable of generating more refunds than any other tax preparation program that is being offered in the market today.
TurboTax online is meticulously designed to provide effective solutions to all the problems that are commonly experienced during the tax preparation process. It does all the hard work, so that you do not have to spend long hours going through your documents, making calculations, and filling in tax return forms.
It is equipped with all the necessary capabilities to help you file your tax returns in the easiest and quickest way possible. One of the reasons why taxpayers favor this software is because it gives explanations, instructions, and questions in plain and simple English.
By doing so, it ensures that you will be able to provide the correct information and make your tax preparation process smoother. After collecting all the required information from you and other sources, TurboTax will automatically complete your tax forms.
Turbo Tax also provides an update of the latest tax laws
Another benefit of using TurboTax 2014 is that you will have the assurance that your tax returns will be error-free. The software has an advanced checking system that will perform thousands of error checks before you submit your tax returns. The company that develops TurboTax offers a 100% accurate calculations guarantee, meaning that it will pay any penalty fee that is charged by the IRS because of calculation errors. Turbo Tax also provides an update of the latest tax laws, so that you will be reminded to use the latest tax forms.
If you experience any problem while using TurboTax, you can use one of several tools to get back on track. The software allows you to get tax answers from experts as well as other users in TurboTax’s live community. You can also find the answers you need by reading the commonly-asked-questions section. If you have trouble answering a tax question, you can use the EasyGuide feature to find the right answer.
Additionally, TurboTax 2014 will produce a summary of your tax returns, which includes information such as tax, income, credits, and payments, and it also offers recommendations to help you get a bigger refund in the future.
The greatest benefit of using TurboTax is that you will get the largest amount of refund possible. It is common for taxpayers to miss certain tax deductions that they are eligible for. This will not happen with TurboTax. The software has information on over 300 different types of tax deductions, and it can use the information you provide to find out which deductions apply to you. TurboTax comes with a free tax refund calculator.