USA Today selects TurboTax as top online tax preparation service

Posted by Joe on March 1st, 2008

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National newspaper USA Today published a head to head review of two of our top rated online tax preparation services in their Friday edition this week.  Their testing gave TurboTax a slight edge over H&R Block’s TaxCut, while they also gave honorable mention to TaxAct.

All three of the services mentioned in the USA Today article achieved five star rankings in our online tax preparation guide which launched in January 2008.

One important TurboTax feature discussed in the USA Today article which hadn’t been available when we completed our original reviews of online tax preparation services was a detailed introduction and FAQ to the economic stimulus package recently passed into law by President Bush.  While most tax payers won’t have to do anything to earn their stimulus rebate it is helpful that TurboTax has added this feature since many consumers have questions about the program.

We are glad to see a national publication like USA Today focus on the many great options available to consumers who want to take advantage of the simplicity of preparing and filing their taxes online.

For more info check out our guide to online tax preparation services and our top ten reasons to preparing and efile your taxes in 2008.

• Save time, money and hassle with online tax preparation
• Economic stimulus and your 2007 tax return
• Top ten reasons to prepare your taxes online and efile in 2008
• $800 million in tax benefits go unclaimed
• IRS says early filers prefer e-file