Canada Income Tax Software – Web Version

Read Canada Tax Preparation Software 2008 Windows Version Review Here

Each year, I review Canadian income tax preparation software programs. However, you will never find me reviewing brand name and # 1 best-selling software programs. Fancy software programs have fancy price tags, and I don’t see any reason to use those. A low-cost, regular software program should do the job fine and my objective is to show you a few of those. In this article, I will review a few web based software programs. To read my review on Windows version tax programs, read - Canada Tax Preparation Software 2008 Windows Version Review

Canada Tax Software – Canada Personal Finance Website’s Top Picks

After researching all online based software programs, the following programs are my picks for this year. I have not picked too many to keep things simple. Go through each of these I mentioned and choose the one you think most suitable for your needs.

ACE Tax

• Has the ability to copy your tax information from past years.
• Once you are done with your return, you can delete all your information from Ace Tax servers.
• One user ID lets you file up to 20 returns.
• Price: $8.99 for first time user. Returning user pays $6.99

MBO Tax

• Two filing to choose from. One for experienced users and one for new users.
• Friendly user interface provides flexible and easy data entry options.
• Easy explicit links take you to related forms and worksheets
• Price: $9.95

Two other software programs worth mentioning:

Cute Tax and Each Tax.

Remember, these software programs are totally free if your total income (line 150) is less than $25,000.

Quick Fact

• Deadline for 2008 Tax Returns: April 30, 2009
• Penalty for late filing: 5% of your 2008 balance owing, plus 1% of your balance owing for each full month that your return is late, to a maximum of 12 months. For more info, visit Interest and the late-filing penalty
• EFILE: Don’t mix up EFILE with NETFILE. EFILE is a service that lets authorized and professional service providers send individual income tax return information to CRA by Internet. Tax professional cannot use NETFILE. They must use EFILE. Therefore, when you submit your own tax return = you use NETFILE and when tax professionals submit your tax return = they use EFILE.

Quick Fact Source: Canada Revenue Agency

 

Some hand-picked posts you may want to read:

Windows Version Canada Tax Software Review

2009 Federal Budget Highlights

Important Tax Dates For 2009

30 Free Canadian Financial Tools and Calculators

13 Free Canadian Personal Finance eBooks

This entry was posted on Sunday, February 8th, 2009 at 5:23 pm and is filed under Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.