Two Types Of Tax Preparation Services
Wednesday, September 1st, 2010From what I’ve seen, most online tax preparation services fall into one of two categories: full-service or self-service. With the first kind, you basically submit all of your relevant financial records electronically, and a professional will prepare your return for you. This is just like taking your paperwork to a local CPA, except for the fact that you never have to leave your home.
With the second kind of online tax preparation service, you do the entire return yourself with the help of specialized software. The software simplifies everything, and utilizes various prompts and calculators so that you know exactly what to enter on every line of the return. While this is definitely a lot easier than trying to work through the traditional paper forms, it can still be a bit confusing for some people and is not 100 percent foolproof.
