Larry Magid: Making taxes less taxing and tracking finances
Briefly

After years of using a CPA for tax returns, the author found TurboTax to be a viable alternative for handling complex filings independently. The software not only provides guidance through the tax preparation process but also retains prior financial data, making subsequent filings easier. Users have the option of choosing between online and desktop versions, each designed for specific tax circumstances and pricing structures. While online versions start as free, they can escalate based on the intricacies involved in the user's financial situation, depending on choices such as business ownership or investment sales.
The ease of using TurboTax for complex tax returns simplifies the filing process, especially as it retains prior financial information for returning users.
TurboTax offers various versions tailored to different tax situations, whether online or desktop, with prices that vary based on specific needs.
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