There are lots of advantages to using tax software, possibly along with a tax accountant as well, compared with doing your taxes the old fashioned way (with an expensive tax preparation specialist and/or by yourself with a calculator and pile of paperwork).
Some of the advantages are making fewer mistakes on your taxes, getting your tax returns done much faster and with greater efficiency than with traditional paperwork, avoiding expensive tax attorneys except for unusual or complex cases, getting your tax returns faster, taking advantage of laws and regulations that are new, complex and possibly otherwise confusing for most tax payers, and avoiding costly inconsistencies and inaccuracies with error checking.
Is tax software the right option for you? It may be. It was certainly the first choice for most taxpayers in the United States in 2007. Some of the leading tax preparation software in the United States includes TaxACT, H&R Block at Home (formerly TaxCut), and TurboTax. Although there are things to have to be careful of when using it, at the same time it is likely that you will save both time and money, enabling you to avoid missing valuable tax benefits, and getting your money back faster than ever and with greater accuracy.