I've talked before about how technology makes it easy to invest. Well, the same goes for taxes. Software platforms like TurboTax make it fast, easy, and cheap to file. I have used TurboTax for the last four years and can honestly say it's a game changer.
I use TurboTax for three reasons. First, it makes filing quick, easy, and inexpensive. Second, TurboTax searches the nooks and crannies of the tax code to ensure that I receive every tax break I deserve. Third, TurboTax is like a crash course in taxes—except actually engaging and interesting! My taxes used to feel like a daunting black box that I would never understand. Should I choose the standard or itemized deduction? How will my donations to charity impact my returns? How about my student loan interest payments? What's the difference between a deduction and a credit? TurboTax answers all of these questions in a simple, user-friendly way. The software walks through each step and teaches you exactly how your taxes work. If anything, it's a great learning exercise.
I encourage you to check out the TurboTax platform and user interface this year. I think you'll be impressed at its simplicity and appeal. While I'm partial to TurboTax because it has worked so well for me, other electronic filing options include H&R Block and TaxAct.