What is online tax preparation and how does it work?
Online tax preparation services provide web based tax preparation tools that walk you through each step of the tax preparation process. Most will help you identify dedications for which you are eligible, which helps increase your tax return or decrease the size of your tax bill. Online tax preparation services also help you avoid costly errors, and some will reimburse you for any penalties and interest charges that are caused by inaccurate calculations. Some online tax preparation services also offer audit protection.