Browsing Category: "Financial Press Release"

New Tax Software Information and Comparison

Wednesday, May 28th, 2008 | Financial Press Release

Zilker Ventures, LLC announces the launch of Tax-Compare.com, a comparison and review website for online tax services.

Austin, TX (PRWEB) May 19, 2008 -- Online tax services and electronic tax filing (e-filing) have tremendously changed the way we do our taxes. Gone are the days of hunkering down in a mess of file folders and paper receipts, of scrambling to the post office late and stressed.

According to the IRS, in 2007 a record-breaking 76.7 million individual tax filers--22.5 million filing from home--delivered their forms electronically. Numbering 2.5 million more than last year, these tax e-filers have effectively overshadowed the few of those still living in the old world of filing.

We have tax preparation software to thank. The Urban Institute reports that only 13% of self-prepared tax returns were prepared without tax software in 2003. Since 2003, more and more people have discovered tax software products, which simplify and accelerate the process of preparing taxes. Convenient and easy to use, tax software products provide step-by-step navigation through the often daunting tax preparation process.

Offering to pay penalties from the IRS for a faulty return, tax software providers assure people that they have nothing to lose by trying the service. And yet, 13% of individual taxpayers have not used tax software, according to the IRS. maybe this group consists of CPAs, rare math whizzes or those plainly unaware of the advantages and specifications of the differing tax software services.

Now, those who have not tried tax software, as well as those who have, will no longer have to spend time researching information on tax software and its benefits. Tax-compare.com is a site that gives them all of the necessary information. A self-proclaimed "apples to apples" comparison of tax software, the website offers a detailed list of product specifications and advantages, along with reviews that will assist buyers in choosing the product that is right for them.

The reviews are based on key characteristics of tax preparation software, which include:

  • Accuracy: All tax software products should check for errors. Accuracy is essential because mistakes cost time (require an audit) and are expensive money (IRS fee) and generally delay the tax payer's refund.
  • Help with deductions: Tax software provides tax payers with tools for maximizing deductions. More deductions equal more savings.
  • Affordability: Standard plans can be as low as $15-$20 for the most basic services.

Market leaders such as TurboTax, TaxCut, TaxBrain, and TaxAct (all IRS authorized e-file providers) excel at providing the features listed above. They also include free trial versions and free e-filing and compatibility with other personal accounting software

Even with new resources like Tax-compare.com and tax software tools some people will choose to hire an accountant But hiring an accountant can often be more expensive than self-preparation and is generally not recommended.

For the rest of us, however, using tax software and E-file is an easy choice. We will save time, money, and even trees by doing it ourselves.

For additional information regarding online tax services, visit
www.Tax-Compare.com.

Zilker Ventures, LLC is a web publisher that consolidates information and reviews various business and financial products.


Contact:

Jen Udan
Zilker Ventures, LLC
pr@zilkerventures.com
http://www.zilkerventures.com

Gaines Kilpatrick, CEO
Zilker Ventures, LLC
(512) 448-9031

Source

AmeriPrep Solutions Helps Remove Financial Illiteracy from America

Wednesday, May 28th, 2008 | Financial Press Release

AmeriPrep Solutions ® LLC, announced today that its computer software, Financial GPS ® 2.1, is available for sale to the general public.

Grand Rapids, MI (PRWEB) May 19, 2008 -- AmeriPrep Solutions ® LLC, announced today that its computer software, Financial GPS ® 2.1, is available for sale to the general public.

Financial GPS is available at www.ameriprepsolutions.com
Financial GPS is available at www.ameriprepsolutions.com

Since its inception in 2007, Financial GPS ® has provided users the ability to identify financial objectives in the privacy of their own homes. With the help of educational video tutorials, Financial GPS ® allows users to plan for retirement, identify debt pay-off tactics, and track spending and saving habits. It focuses on fiscal responsibility and promotes proper budgeting and saving to help users reach specific goals. "Will I outlive my money? Will I have to change my lifestyle upon retirement? These are questions many Americans ask themselves and this software provides them with the answers," stated director of sales, Brian Bartholomew.

AmeriPrep Solutions ® believes people need to be educated and shown how things like credit card debt can be dangerous to their long-term financial goals. "There are too many people that are accustomed to asking what the 'monthly payment' is as opposed to how much a product actually costs," quoted vice president of sales and marketing, Chris Yonker. "Offering a tool that teaches financial literacy has been our objective since day one. Financial GPS ® is the perfect tool," said Steve Eilers, vice president of information systems. The AmeriPrep Solutions ® founders believe Financial GPS ® is the tool to promote financial literacy and is hitting the market at the right time and in the right place.

The English/Spanish version of the software is available in hard copy or for download via the website www.ameriprepsolutions.com. AmeriPrep Solutions ® is a Grand Rapids, Michigan based corporation. Their flagship product was designed to help bring a conscious awareness to each individual's financial situation.

Source

Economic Stimulus Check Spending: Tips on How to Use your Government Funds Effectively

Wednesday, May 28th, 2008 | Financial Press Release

Providers of CareOne Credit Counseling Services offer some helpful, timely advice on how to effectively spend the money from your Economic Stimulus checks. The article also provides a simple explanation for how the Stimulus Package is intended to help the U.S. economy.

Baltimore, MD (PRWEB) May 19, 2008 -- CareOne Providers Share Free Tips on Getting the Most Out of Economic Stimulus Checks

Economic stimulus checks rolled out in early May to US consumers. Providers of CareOne Credit Counseling Services are offering free advice on spending and using that extra money, showing families and individuals how to get the most value and biggest benefits to them.

Many eligible US consumers have received, or will be receiving, economic stimulus checks from the government for amounts starting at $300. The concept of the economic stimulus checks is simple. Amidst the recent credit crunch, buying on credit has slowed down and less money is being exchanged in the marketplace. By giving money to consumers who will then spend it on various goods and services, the government hopes to increase the country's overall spending and consumption rates. Furthermore, because every dollar handed out by the government will be spent a countless number of times by various consumers, the effect of that one dollar is multiplied and has an even greater impact on economic growth.

For example, if a consumer receives a $1,000 economic stimulus check and spends it on clothing for the family, that $1,000 has now been introduced into the economy. In addition, these funds now represent new revenue for the retailer who sold the clothes. This cycle continues as portions of this money are spent on goods and services for the business itself. The store owner will also use a percentage of this $1,000 to pay his or her employees who, in turn, will spend a portion of their paycheck elsewhere, making further contributions to our economic growth.

CareOne Service providers want to help consumers better understand the economic stimulus package, enabling them to make more informed decisions on how to use their stimulus checks.

"Some consumers will receive their economic stimulus check and be tempted to go on a shopping spree," says CareOne Credit Counseling Services Spokesperson Clarky Davis. "Maybe they've wanted to buy a big screen television, make a down payment towards a new car, or even to take a vacation, but they didn't have the opportunity before receiving their stimulus check. On the surface, any spending would be good for the economy. Consumers should think about what's best for them. There are ways to use that extra money which could save or make them more money overall, help them get out of debt, or better prepare for their future."

CareOne Agencies offer the following ideas for using the funds from economic stimulus checks:
1. Use the money to pay down credit cards or other interest-bearing debts. Paying more now means saving more in interest payments, which can accumulate quickly.
2. Place all, or a portion, of the money into an interest-earning account or tax-saving account. By setting aside funds in this way for things like a child's future education, retirement, a new car or home, consumers can earn extra money on the deposit and save on income-tax payments.
3. Consider setting aside a part of the check exclusively for emergency expenses. This allows credit card spending to be avoided if a sudden need arises (such as car repairs).

"While politicians are hoping the economic stimulus package will improve the economy in the short run, consumers can use that money in whatever way benefits them the most, knowing they can still improve the economy in the long haul," says Davis. "By paying down credit cards or other bills, consumers keep that added interest payment amount in their own pockets to be spent later. By putting money into a retirement account, consumers are ensuring their ability to spend and bolster the economy in the future. By saving for a child's college education, that child has a better chance of securing a higher-paying job by getting their degree, leading to them spending more in the course of their lifetime. These 'little' choices now help the consumers in the moment and have the potential to help the economy on a grander scale."

About CareOne Credit Counseling Services:
CareOne Credit Counseling Services is a service mark of 3C Incorporated and is an industry leader committed to providing consumers with education and debt management services related to improving and maintaining their financial health. CareOne providers have helped over 4.5 million people pay down debts through their solid relationships with over 220,000 creditors. For more information about CareOne Credit Counseling Services, please visit www.CareOneCredit.com, or contact Clarky Davis at (410) 925-9769.

Contact:
Clarky Davis
CareOne Credit Counseling Services
8930 Stanford Blvd.
Columbia, MD 21045
Phone: (410) 925-9769
Web: www.CareOneCredit.com

Source