I just checked out your blog and followed you on twitter, there’s another site that is similar to yours called “Income Diary”. Maybe we can hang out there too!

TurboTax is really the leader in the online tax software world and because of that it charges a premium for the service. It offers user forum and live chat, which could be useful for netizens like us.

TaxACT is cheaper and it does the job as well, although as far as I remember the user interface was not as friendly as TurboTax, but good enough for most people.

In terms of whether they’re good at spotting tax deductions, I’d say TaxACT fared a little bit better for me last year. But then again things change and there’s no guarantee it will be the same.

Really, I gotta admit that even I had the urge to spend the tax refunds I got last year, but somehow managed to hold it off most likely as a result of learning more about money. There’s this book called “Why Smart People Make Big Money Mistakes” that talks about it. And it’s so true why we often make irrational decisions when it comes to money.

Take care!

April 15th is creeping around the corner. I definitely need to prepare my taxes ASAP to get it over with. What is the difference between tax act and turbo tax? I personally never used any tax software; usually I just give it to my local tax preparer.

I agree that taxes are not extra money, but money from your gross salary. It puzzles me that people get excited when their tax refund comes in.

Cheers,

-Brian