DIYing Your Taxes

Getting an appointment with a CPA two weeks before tax deadline is as tough as getting into a Diane Von Furstenberg sample sale. You may end up spending of lot of money just to get “wrapped up”. [I made a funny, no?]

Yes, you can do your taxes yourself. If you are organized, then it’s easy! Here are some links for tax software.

Turbo Tax I have used Turbo Tax before I am a fan. One thing I suggest is to read questions slowly. Don’t answer questions too quickly like you are trying to speed through a survey. This keeps you from having to go back and correct mistakes.

H&R Block’s Tax Cut. This gives you the option of downloading the tax software, getting a CD mailed to you or doing your taxes online. I recommend checking out the advice on Digits, H & R Block’s community site on taxes.

IRS E-File. If your adjusted gross income was $54,000 or less in 2007, you can use Free File to prepare and e-file your taxes online. This is good if you are the hardcore type, coded your own website before, and are really thrifty since filing is FREE.

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