How to Maximize Your Tax Return

efileThere are a lot of services that provide tax advice or tax preparation. It’s highly recommended to seek the advice and consultation of a tax advisor, but if you do not have many complicated investments or tax deductions, using an online e-Filing tax software program would be an appropriate and inexpensive way to file your taxes.

Online e-filing software programs will hold your hand and give you step-by-step instructions to complete the process, and there’s no paperwork! Most will give you suggestions on deductions you may not even be aware of, so you can get the biggest tax returns.

If you have used a particular program in the past, filing is even easier. Most programs allow you to login with the same information you used in the past, and it will retrieve last year’s return for you, which means you don’t have to go digging through files trying to find old tax forms.

Here’s a tip: most of these online tax filing programs charge a few extra dollars to file your state taxes. Go through the process of filing your state taxes through the program and print out the paperwork before submitting your state taxes through them. All of the work will be done for you and you can now file your state taxes on your own without being charged the additional fee. Generally you can file your state taxes through the state’s Department of Revenue free eFiling option. Just be sure to print your tax form out before the stage that will charge you for printing your paperwork.

eFiling online is faster too. By using electronic tax filing you will get your refund electronically deposited to your bank account in as few as 8 days. Most also guarantee that you will get the maximum tax return. According to the Turbo Tax policy:

  • If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we’ll pay you the penalty and interest.
  • If you get a larger refund or smaller tax due from another tax preparation method, we’ll refund the applicable TurboTax federal and/or state purchase price paid.
  • Satisfaction Guaranteed-or you don’t pay.

If you file with Turbo Tax now, they are offering efiling and tax preparation for free! You can’t beat that.

Millionaire Money Habit: Visit the site above to get started with filing your tax returns now to take advantage of their free offer while it lasts. The quicker you get your tax return, the faster you can invest that money and put it to work for you.

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