If you don’t have time to do your taxes yourself or you want to make sure they’re done correctly the first time, enlisting the help of one of the national tax help firms is always a good idea. While some might require you to come in for a consultation, it’s also possible you’ll just be able to leave your financial information with the expert and they will take care of all the proper forms and filing. You’ll just have come back to sign everything. Other firms also offer online or downloadable tax programs that make doing your taxes yourself as easy as pie. Here are some of the most popular national firms for tax help. We don’t particularly recommend one firm over the other, but here is some general information to help you decide which firm is best for you and your small business.
H&R Block is one of the most popular tax help firms. You can meet with someone at your local tax office, but they also provide software so you can do your taxes yourself. They have a range of guarantees, including on that insures that their work provides the maximum refund. Basic software starts at $19.95, with advanced software (the kind needed for small business owners) starting at $79.95. For in-person tax preparation, fees are paid out of returns, not out of your pocket, which makes them a pretty good deal.
TurboTax really lives up to its name. While it lacks an in-person preparation service, it has a wide variety of programs to help every person with their taxes. Best of all, to file 1040EZ or 1040A form is completely free, so if you have simple taxes, you don’t have to pay anything, even out of your return, in order to get your taxes filed quickly and easily. If you own a small business, however, you will have to pay, but at $74.99, it’s less expensive than other services.
IRS Free File
Yes, the IRS has it’s own tax filing software now. The webpage is also rife with information that you need to know in order to pay your taxes honestly and completely. It’s not as fun as H&R Block or TurboTax, but it will get the job done.
This is the most inexpensive service on our list, but it also has fewer features in the deluxe and ultimate bundle ranges. If you have a simple return, filing the federal return will be free. If you have investments, rental properties, etc. you may have to pay as much as $19.99 to get your forms done. Still a good deal if you want them done correctly and quickly!
These are the most popular firms that are widely known and acclaimed. Of course, there are other local firms that can help you out as well. Simply do your research to make sure you are choosing the best option for you.