Monday, January 26, 2009

Turbo Tax - Why You Should and Why You Should Not

Why you should use Turbo Tax
  1. You want to save time.
    I have used Turbo Tax for a number of years and it only takes me about 15 minutes put my taxes behing me.

  2. You want to save money.
    Turbo Tax does not cost you anything on a per hour basis, this can save you a lot of money over using an accountant.

  3. You ARE NOT in a complex tax situation.
    If there is nothing out of the ordinary about your taxes then you will find using Turbo Tax is a breeze.

  4. You are anti-social.
    For you introverted types Turbo Tax is just one more method you can use to avoid human contact (by the way I am an introvert myself).

  5. You are a do-it-yourself kind of person.
    Do it yourselfers and control freaks will love Turbo Tax because it puts you in the driver seat.

  6. You love simplicity.
    It is a VERY easy program to use, it walks you through each step of the process.

  7. You want to get your refund back FAST.
    Turbo Tax makes filing fast and you can immediately upload your taxes to your state and federal government. Faster filing means a faster return if you are due a refund.
Why you should not use Turbo Tax

  1. You run a business.
    Businesses are complex. I know because I run one. Businesses are also put to a higher degree of scrutiny so getting a second pair of professional human eyes reviewing your tax filing is probably a good idea.

  2. Your taxes ARE complex.
    Similar to my point about businesses if you feel that you are in a unique, strange or downright complex tax situation in your personal life you should really seek the advice of a professional. The last thing you want is an audit.

  3. You have legal questions about your taxes.
    It’s hard to get a program to answer complex legal questions.

  4. You do not trust technology.
    Scared of technology? Then you will probably be scared of using Turbo Tax.

  5. You have a lot of general questions.
    See point number three. Software does not (usually) talk back.

  6. You think you are in danger of an audit.
    If you are in danger of an audit you do not want to use Turbo Tax, immediately call a professional and I do not mean H&R Block, they are ok for basic tax purposes but if you are in a risky situation you want to hire the best.

  7. You are computer illiterate.
    If you can’t use a computer you probably are not reading this, so I don’t need to elaborate on this point.

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