Podcast 2028 – Summertime and the Taxes are Easy

Uncle Sam is ready to get his share this coming week. Join Gary, Ed, and Cal as we discuss tech tips for preparing your taxes this year. Get em done right! Also, Mike Brennan with MI Tech News and the I.A. Listener mailbag.

https://soundcloud.com/internet-advisor-755109612/ia-7112020-2028podcast-summertime-and-the-taxes-are-easy

Tax Software Choices

File Federal return Free online with the IRS

https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free

File State 1040 for Free – Check your individual state

https://www.michigan.gov/taxes/0,4676,7-238-44070_46640-288774–,00.html

According to Forbes Magazine

The 6 Best Tax Preparation Software Companies of 2020

  • H&R Block:Best Free Option
  • TurboTax:Best Expert Help
  • TaxAct:Best Free Option, Runner-Up
  • TaxSlayer:Best Budget Option
  • Liberty Tax:Best Value for the Self-Employed
  • Jackson Hewitt: Best Virtual Tax Prep from Home

Recommendations from Nerdwallet

https://www.nerdwallet.com/blog/taxes/best-tax-software/

Tax Record Electronic Backup

Encrypt it with a password you can remember.

To media – Flash Drive, CD

To Cloud – 

Make multiple copies

Most cases you have to only retain for 7 years

Make sure you keep copy of software for each year as well for retrieval purposes

Take a look at the new line of wireless chargers for cellphones and alike from Belkin

https://www.belkin.com/us/products/mobile-accessories/Chargers-&-Cables/Chargers/c/wireless-chargers/?irgwc=1&clickid=xp6Ua0TP3190SDSVksU372-EUkiU-d2JL0n4So0&utm_campaign=Online%20Tracking%20Link&utm_medium=affiliate&utm_source=impactradius&utm_content=ONLINE_TRACKING_LINK_214281

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