tax

Entry-level tax prep

When it comes down to it, the actual content of rival tax prep apps is nearly identical. So fear not. TaxAct's significantly lower price point doesn't necessarily translate into shoddier tax return calculation. We got virtually the same result using TaxAct, Intuit's TurboTax, and H&R Block At Home (Disclaimer: this result may not apply to every tax scenario.) What you do sacrifice in TaxAct is the glossy graphics, the straightforward help files, and the extensive FAQs and audit support of the other two DIY apps apps.

Because of the striking similarity of the desktop and … Read more

Best of the bunch

Every year, Intuit adds something new to its online and desktop TurboTax tax prep software from the previous year. Since the online and desktop versions of TurboTax Deluxe 2009 are so similar, we're reviewing them together. We'll make a note when referring to just the online or just the desktop product.

Installation and setup

As with most desktop DIY tax software, TurboTax can take from 10 to 15 minutes to install, scan for updates, and download those updates before you can get started. If you're filling out your taxes online, you'll need to only wait for … Read more

A time for taxes

Tax season is nigh. If you've been putting off your taxes, we've got a guide to get you through this annual ordeal. We took a look at both the online and desktop versions of three do-it-yourself tax prep applications: tax giants H&R Block At Home Deluxe (Windows|Mac|online) and TurboTax Deluxe (Windows|Mac|online), and the smaller Tax Act Ultimate Bundle (Windows|online).

Or, if you prefer, we've touched on some of the programs' highlights in pictures.

There are merits and disadvantages to all three apps, but TurboTax surpassed H&R Block's … Read more

Best of the bunch

Every year, Intuit adds something new to its online and desktop TurboTax tax prep software from the previous year. Since the online and desktop versions of TurboTax Deluxe 2009 are so similar, we're reviewing them together. We'll make a note when referring to just the online or just the desktop product.

Installation and setup

As with most desktop DIY tax software, TurboTax can take from 10 to 15 minutes to install, scan for updates, and download those updates before you can get started. If you're filling out your taxes online, you'll need to only wait for … Read more

Big on service

Don't bother looking for H&R Block's TaxCut to prepare your 2009 taxes. You won't find it. Sixteen years after Snapping up TaxCut from Kiplingers, H&R Block is girding its own brand by doing away with TaxCut and renaming the product H&R Block At Home.

As with the rest of its desktop cohort, H&R Block At Home takes a few good minutes to install, scan for updates, and download those too before you can get going on the desktop version. You'll need to only wait for a secure connection … Read more

Big on service

Don't bother looking for H&R Block's TaxCut to prepare your 2009 taxes. You won't find it. Sixteen years after Snapping up TaxCut from Kiplinger, H&R Block is girding its own brand by doing away with TaxCut and renaming the product H&R Block At Home.

As with the rest of its desktop cohort, H&R Block At Home takes a few good minutes to install, scan for updates, and download those too before you can get going on the desktop version. You'll need to only wait for a secure connection … Read more

Big on service

Don't bother looking for H&R Block's TaxCut to prepare your 2009 taxes. You won't find it. Sixteen years after Snapping up TaxCut from Kiplinger's, H&R Block is girding its own brand by doing away with TaxCut and renaming the product H&R Block At Home.

As with the rest of its desktop cohort, H&R Block At Home takes a few good minutes to install, scan for updates, and download those too before you can get going on the desktop version. You'll need to only wait for a secure … Read more

Pointless tax prep

Tax Assistant for Excel is a set of Excel worksheets that assist users in completing their income taxes using forms 1040 or 1040A. We're not sure why a user would want to use Excel for taxes when there are so many programs and Web sites that are better-suited to the job, and functional problems in Tax Assistant for Excel make it even less attractive.

The workbook presents users with Excel versions of IRS forms and workbooks with an introductory page that's supposed to provide instructions. Unfortunately, we kept receiving error messages about macros (although we had enabled macros … Read more

The 404 Podcast 502: Where we give Jill 'three and a half mice' and 'Two and a Half Men'

Jill Schlesinger joins the show today after a few months with her presence. A lot has changed since then, we got stickers, the U.S. Senate has 59 Democrats, and now ABC is doing promos for CNET.com. (The 404 Podcast and CNET are owned by CBS.)

Yep, you read that right. On the ABC show "Modern Family", Phil and Clair Dunphy argue about a new universal remote control, and in the course of talking about being a male cheerleader, Phil mentions that CNET gave the remote a smokin' hot "three and a half mice." Unfortunately, we switched from numbers to stars rather than mice. Jeff and Jill think it's the new "Arrested Development" on Fox plus "The Office" on NBC.

Speaking of NBC, Jill weighs in on the whole Jay Leno and Conan O'Brien debacle. She wishes she could get paid 40 million dollars not to work, but we're glad to see Conan sticking up for his staff.

Finally, Jill offers some good financial advice this year. It's tax season, and she recommends that you readjust your tax withholding because you're essentially giving the government an interest-free loan for a whole year. Otherwise, whip out a 1040EZ, a glass of scotch and just do your taxes. It ain't that hard.

EPISODE 502 Subscribe in iTunes audio | Suscribe to iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS Video

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Obama awards $2.3 billion clean-energy tax credit

Reuters

U.S. President Barack Obama unveiled a $2.3 billion tax credit on Friday to boost jobs by promoting clean energy, as new data showed the country's unemployment rate remained stuck in the double digits.

Obama said the credit, from funds earmarked under a $787 billion stimulus package he signed last February, would create 17,000 U.S. jobs and be matched by an additional $5 billion in private capital.

"Building a robust clean-energy sector is how we will create the jobs of the future, jobs that pay well and can't be outsourced," Obama said.

"… Read more