Word: turbotax
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...Simmons, one of America's foremost arbiters of cool, has dabbled in records and clothing, comedy and cell phones. So, what's next for rap's first large-scale entrepreneur? Taxes, naturally. Simmons, ceo of the sprawling Rush Communications hip-hop empire, has partnered with Intuit, owner of the TurboTax software program, to launch TTrefund.com a website geared toward tax filers ages 18 to 24. The TurboTax system guides young e-filers through the intimidating tax terrain and lets them deposit any refund directly into a checking account or Rush Card, a Simmons-branded prepaid Visa debit card designed...
...Should you get stuck, there are a wealth of sites to help. While the sites in the IRS's list all offer FAQs and e-mail contacts, more general tax help can be found at other sites. TurboTax, part of Quicken offers software and tax planning guides for taxpayers, and 1040.com has news, more software and efile guides. If you're looking for a more general overview of tax-preparation sites, try PC World's Financial Sites page. Once you're finished with the return, if you're getting a refund and chose direct deposit, you can receive the case...
...started a pilot program in January that permits you to charge 1998 federal taxes (and only 1998) on MasterCard, American Express or Discover. You simply phone 1-888-2PAY-TAX or, if you are a Discover-card holder, pay over the Internet via Intuit's TurboTax software...
Filing income taxes via PC isn't a seamless transaction; after slaving away at the keyboard, you still have to sign the old-fashioned way. But in a pilot program this year, a few million e-filers who have software like TurboTax, as well as those who use a preparer like H&R Block, can zap their 1040--paper free--with a code substituting for their signature. E-filers can also pay their balance due by phone with a credit card--for a fee, of course...
...they have plenty of time to do after they lose their jobs to ATMs. And the Website where I just bought some running shoes looks nothing at all like a salesperson at the Athlete's Foot. Similarly, if given the choice between lunch with an accountant and lunch with Turbotax, who among us would opt for Turbotax? (O.K., maybe a few people would.) But lunchtime conversation isn't what we want from an accountant anyway...