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The company will be cutting its e-filing prices in order to promote wider customer usage.
To lure customers into exploring the benefits of online tax preparation, TaxSimple this season will be providing such a service at a hefty price break.
Browser-based access to all federal and state individual forms, along with 17 e-filing and Refund Anticipation Loan packages, is $599, versus $2,265 for comparable desktop software. An expanded online version that includes business forms (1040, 1120, 1120S, 1065, 1041, 706, 709, and 990) is $799, versus $3,265 for its PC-based counterpart.
However, users wanting to go this online route will need DSL, cable, or other broadband Internet access to get comparable desktop performance. President John Vora acknowledges, "It will take approximately three to five years for [this technology] to become the norm in the industry." The "main reason" for this delay, according to Vora, is a combination of security and privacy concerns.
To assuage those concerns, tax preparers will still be able to store their clients' confidential data on their own hard drives, rather than on TaxSimple's server, notes...