H&R Block Premium Tax Software provides a platform for tax filing for individuals, organizations and businesses. You can prepare both your federal and state taxes confidently because the software has audit support and secured data technology. H&R Block Premium enables you to select the correct forms, utilize the correct deductions and calculations, file online, and get a large tax refund.
Employment and income are two factors in tax preparation. Individuals submitting W-2 forms with less than two deductions should use Basic H&R Tax software. The Deluxe version is for persons who own homes, make charitable donations or sell stocks. Premium and the Premium & Business software are for businesses and rental property owners.
The software offers a platform for freelancers, landlords, rental property owners, self-employed and independent contractors. Features include self-income (Schedule C), refund reveal, free import, rental property (Schedule E) and Cost Basis tax calculations.
The benefits include the ability to update the prior year’s return easily, a step-by-step guide, and income verification which reduces the possibility of an audit. Also with H&R Block Premium, tax filers can find more deductions and optimize charitable deductions with the Deduction Pro. The software also makes it easy to file federal and state taxes, and provides guidance on mortgage interests, real estate tax deductions, and rental property expenses and income. The previous year’s W-2 and 1099 are also easily imported.
H&R Block professionals offer free advice to previous and new users, which is accessible after the software is downloaded or via telephone. Audit assistance is also available in the premium and other versions. H&R Block also helps with preparing tax filings, represents the filer if they are audited after using the software and manages any communication.
H&R Tax Premium Discount offers several discounts including free filing for first time users, free advice, free federal e-filing, mobile tax apps, and free gifts and gift cards for signing up.
Simplifying the complicated nature of tax returns:
Undoubtedly, taxes are a complex piece of state and federal paperwork that has to be completed over the course of the year. People who work for themselves, and smaller businesses, often discover nasty surprises, increases and fees that they did not anticipate by the year’s end. These things are a fairly common occurrence, because for those who are unfamiliar with bureaucratic jargon, understanding this constantly changing sea of information is virtually impossible on the first attempt.
Because of the type of Union we have, there are state and federal taxes to pay. Based on the number of staff members you have beneath you, there are mandatory contributions to be levied towards them. If you try to calculate all this in one go, the financial stress is bound to cause you to slip up. Obviously, as an employer, taking care of the people who depend on you is a duty and an obligation. However, you also need to ensure that your tax records are clear, and that you spend them in the most helpful way possible.
State and federal taxes in focus:
H&R Block Tax Software Deluxe + State 2016 is designed to be user friendly. Its’ simple interface is a joy to use. In contrast to other similar products, it is frequently updated, and personalised chat support is included with the package. This is useful if you wish to talk about whether you qualify for federal extensions. In addition, this software tries to help you qualify for refunds, and offers you an easy way of converting any tax return gains into Amazon gift vouchers. These vouchers can be spent on almost any product featured on the Amazon website. Overall, this software will reduce the hassle of filing your taxes considerably.
Coming this April, H & R Block would be commemorating National Financial Literacy Month. It will be awarding scholarships in excess of $1.3 million to the participants of the H and R Block Budget Challenge. The Challenge is a free web-based tool that teachers can avail to introduce teenagers to an adult’s financial pressures. The experience is simulated, similar to a game. The program is conducted throughout the year as a part of Dollar & Sense, the firm’s financial literacy platform.
According to a national survey, 42 percent of teens don’t see themselves as financially fit. And the research conducted by H And R Block denotes close to 58 percent of teens are not sure of properly handling their finances when they get older. Teenagers are keen on learning finance, but such courses are only offered at graduate degree-level.
H And R Block wants to fill in this vacuum through its Budget Challenge that’s being offered across 50 states to 155,000 school students this year. Last year, 100,000 students participated in the program. The scholarships are given to the top performers in April.
Even students who don’t win the scholarship would find the program beneficial. Almost every high school teacher believes participating in the program helps kids learn financial basics. In today’s world of inflation and financial crisis, such financial learning is vital for the youth.
For the person who wants to file their taxes on their own, the whole process is getting easier and easier. The best part is that you can do it via your mobile phone.
Some might think that mobile tax filing is a little scary. But the whole process is easy to follow. You can do it too. TurboTax has apps that allow you to take a picture of your W2 and upload it to your tax return. Do this and follow other easy steps to complete the process.
Per VentureBeat by Sensor Tower, TurboTax made $560,000 in just one day during February,and this was just at the beginning of the tax season. Sensor Tower specializes in providing information about mobile app store data.
The money made with this app has continued to increase over the last three years. If the amount continues to go up, daily revenue could be in the millions by the April deadline.
On the flip side, H&R Block isn’t seeing that much in revenues, per Sensor Tower. When a representative from H&R was asked about this data, he answered by saying that H&R does not report its revenue data. He also claimed that Sensor Tower’s information was wrong. TurboTax did not comment about this data.
When it comes to customer satisfaction, TurboTax has received high ratings over all mobile devices. H&R Block’s ratings are not as high. Also, TurboTax has been reviewed more times.
TurboTax has decided to go mobile first, and this is helping them to gain more revenues. The mobile tax filing app is free to download for both TurboTax and H&R Block.
If you are ready to get your taxes done, then head over to Amazon and look for H&R Block’s software there. There’s just a couple of weeks left to get the job done right, and H&R Block discount tax software can you help you get it done right the first time.
If you are an investor or a homeowner, then the 2015 H&R Block Deluxe package is probably a great fit for you. It will be able to help you through everything you might come up against when completing your taxes. If you happen to be self employed, or if you own some rental property, you will likely want to make the upgrade to the Platinum edition. Both versions are great and can handle state as well as federal returns. With either program, you will only need to purchase one program to complete both.
If you own a small business, you know that completing your taxes can be confusing and time consuming. Fortunately, H&R Block discount software can handle small business taxes as well. The H&R Block Premium software can be used to file business taxes and personal taxes, so it is a fantastic value.
By getting a great discount on tax software, you eliminate the need to pay a hefty price for someone else to prepare your taxes. There are many offers out there on Amazon and other places on the web that will get you the software you need at a reasonable price. H&R Block discount software can help you streamline the process and make sure you get your taxes done on time.
Tax time is here and individuals are weighing their filing options. While accountants and tax services are still quite popular, many Americans choose to file their taxes themselves. If you find yourself in that category, H&R Block Discount software may be a great option.
The H&R Block Deluxe software which includes the state tax program is a user-friendly, efficient option for those who own a home and those who have investments. The Platinum edition is an upgrade for individuals who have a more complex tax situation. This can include real estate owners or those who are self-employed. Each program is designed to help you file your state and federal return which eliminates the need for any additional software.
There is also an H&R Block program designed for small businesses. If you own your own business, tax time may become a bit overwhelming. This software walks you through the process step by step and includes easily accessible assistance when needed. You will also be able to file your personal taxes with the same program, it’s a great all in one design.
Filing your taxes can be an easy and successful process. Private tax software tends to be less expensive than professional services and still offers all the assistance needed.