3 Tax Prep Companies to Use for the Upcoming Tax Day (April 17th)
March 28, 2018 | By Mason Roberts
In 1789, Ben Franklin penned a quote, which in part read, "But in this world, nothing can be said to be certain, except death and taxes." That kind of doom and gloom isn't too farfetched since people to this day still dread doing their taxes.
However, since you have to do them anyway, you might as well get the help you need. Rest assured, there are plenty of great resources out there to help you get your taxes done by the filing deadline, which is April 17th this year.
Top 3 Tax Prep Services
Using the help of one of these three tax preparation companies, you should be able to easily get past the stress and headaches associated with doing your taxes:
Related: Both Easter and April Fool's Day fall on April 1 this year. Don't want to spend much money? Here's how to have a great Easter without blowing your budget.
File Online with Intuit TurboTax
TurboTax has been around since the mid-1980s, when the tax preparation software package was developed by Michael Chipman. In 1993, Intuit acquired it and it has become the top online tax preparation software for filing state and federal taxes.
There are many reasons so many people trust their tax-filing needs to Intuit TurboTax:
- Intuit is the maker of TurboTax, as well as the accounting software QuickBooks.
- It gives you an easy, step-by-step way to do your taxes.
- You can input the information from your W-2 by taking a photo of it.
- TurboTax is free for those filing a with a 1040EZ/1040A.
While people may be attracted to the free aspect of TurboTax, there are also numerous paid options that can help with a range of tax situations (e.g. rental income, investments, business expenses). They've also added a new paid feature for the 2017 tax year: TurboTax Live, which lets you work with a CPA or enrolled agent in real time.
File Taxes with H&R Block
Whether you want to file in person, online, or download tax software, H&R Block could be the right option for you. Popularly known as a company you can find in nearly every town in America, it isn't surprising that they have about 12,000 retail tax offices all over the world.
As for this company's success, here is a little background on this business that's been around for more than 60 years: In 1946, Henry Bloch returned from WW2 and saw a pamphlet that suggested there was a bright future for small business owners. He borrowed $5,000 and opened a small bookkeeping business in Kansas City, working side by side with his brother Richard.
As part of their accounting business, they did some income tax work for clients. Since doing taxes was so time-consuming, they soon stopped offering that service. However, one of their clients convinced there was money to be made from opening a tax prep business. Their client was right, and by 1955 their new venture was a huge success. It was also around this time they decided to change the company name to H&R Block instead of H&R Bloch, as people tended to mispronounce it as "blotch."
Since then, H&R Block has grown and innovated the industry in several ways. In 1986, they worked with the IRS to introduce electronic filing, and today they are one of the top players in online tax preparation services and software. As a company that has proven its longevity and reliability, they are a solid and convenient option for filing your taxes this year on April 17th.
File Your Taxes with Jackson Hewitt
If you've ever been inside Wal-Mart during the tax season, you've likely seen a Jackson Hewitt cubicle. (Almost half of their 60,000 locations are located at the superstores.) However, like the two previously mentioned tax prep services, Jackson Hewitt also offers an online option for your convenience.
The company was founded in 1982 by John Hewitt and was later acquired by Mel Jackson's Tax Service, who renamed it Jackson Hewitt. As the second-largest tax-prep service in the country, this company is responsible for preparing more than 2 million returns each year.
Another Helpful Service You Can Use
Whether Tax Day is near or not, money can be a stressful topic. If that is your situation, there is a way to confidently and proactively deal with your financial difficulties and pressures? Getting a payday loan.
If you're currently wondering how to pay your bills or handle an unexpected expense, a Utah payday loan could help you make ends meet. Amounts are available from $100 to $500, which is enough to handle your expenses and buy you the breathing room you need until your tax refund comes in.