Friday, March 29, 2013

Expect many happy returns with these tax Android apps

The days of tax paperwork are nearly over, as more and more people are filing online or with their mobile devices. Even the Internal Revenue Service endorsed electronic systems, which is a major step forward. Below is a quick list of five applications that can help with filing reports, monitoring your expenses and investments, and hopefully in making it rain (dollar bills) during tax season.

While Pageonce isn?t specifically geared toward filing or filling out tax forms, you can be better prepared for tax season by auditing this free mobile app. Once logged in, the Overview page provides a snapshot of all your assets, bills, investments, loans, and credit cards. Such a resource is crucial for the times of year when we take stock of expenses for W-2 and 1040EZ forms, and a great application for staying on top of financial obligations throughout the year.

A perennial service favored by practically everyone who files online, the TurboTax mobile app from Intuit Inc. is also towers over the competition. Upon booting up the app, you can either log in (as a returning user) or get started without signing up. In many ways, the TurboTax is a trendsetter for document uploading through photographs, as you can take a picture of your tax form, their app scans your tax document in seconds then sends you to a review screen. From this point, double and triple-check for any errors, add personal information, preview your form, and file your taxes. You could also check out H&R Block?s apps for?Android, if you prefer the competition. The process has never been this stress free!


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Another solid mobile app from the Intuit gang can be found in MyTaxRefund. Sure, it is a very barebones application, but its great for those who want to constantly check the status of their 2013 tax refund. It provides statuses for both federal and state tax refunds, and estimates on when you can expect compensation. All that is required of you is to indicate whether you filed with TurboTax or not, enter your social security number and zip code (both required by the IRS),

Bloomberg BNA?s free financial guide fills you in on the minutiae of filing your taxes in 2013. For example, it provides Standard Deductions based on your household (Married, Heads of Household, Single, etc.), Personal Exemptions, Estate and Gift Tax Rates, which comes with a built-in sliding scale that automatically calculates percentages owed based on the dollar amount (up to $2 million). Quick Tax Reference is a wonderfully simple tool for people who are using services such as TurboTax, ezTaxReturn, or H&R Block, and especially for those who itemize their deductions.

The final app in this taxing article is SigFig, another secure mobile app that is hyperfocused on financial planning and stock market investing. The app connects your brokerages, investments, and portfolios then automatically analyzes to provide investors with sound advice. Its crisp charts track performance, risk, and other analytics. The key with this app is to use it year round, so that come tax season you can quickly reference any investments you?ve made that are applicable. Also, a person that invests smartly should have less trouble figuring out tax forms.

Source: http://www.androidapps.com/finance/articles/13345-expect-many-happy-returns-with-these-tax-android-apps

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