Learn which of these mobile apps suits you best for filing your income tax return and tracking your tax refund.
Tax is defined as an fee charged by government on a product, income or activity. If the tax is charged directly on personal or corporate income, then it is called direct tax. If Tax is charged on the price of a good or service then it is called an indirect Tax. The purpose of taxation is to finance government expenditure.
The term application is a shorter form of application program. An application program is a program designed to perform a specific function directly for the user or in some cases for another application program.
In today’s world of modern technology the Indian Government had introduce an mobile app for the payment of the tax. In modern world the people are so fast in earning their money that they forget to paying their tax. So by this app they can give their tax at last minute. A smartphone has become a must have gizmo for most professionals. There is little today’s smartphone are not able to undertake it only fair then that they can be now helping individuals manage their financial purchase too.
These are the 5 best tax preparation mobile apps that will allow you file taxes online using a mobile device.
1. TurboTax, Intuit
TurboTax fans will be happy to know they can complete their entire tax returns using the TurboTax tax preparation mobile app. You can even start your taxes on your desktop web browser using the online tax software and later, seamlessly switch to the app on a mobile device — which means you can get your taxes done anytime, anywhere. Be aware that even though it’s free to download the app, this is not a free tax filing app and you will still have to pay the normal fees to file your return.
2. TaxSlayer GO, Tax Slayer
TaxSlayer GO allows users with simple tax situations to file their taxes quickly and easily. Simply enter your personal information, answer some tax questions, upload pictures of your W-2 or 1099-G, and you can file. The app can only handle simple tax returns, though — if you have a more complex tax situation, the app will redirect you to the desktop site.
Download: iOS | Android
3. Ask a CPA, CPAdirectory.com
Launched in 2012, Ask a CPA features more than 2,500 tax and accounting questions and answers. Users simply search for their question in the archives and if they are unable to find an answer, they can send their question directly to a local CPA who will answer it for free within 24 hours.
If you are self-employed, have side income or do a lot of business travel, Expensify helps you track your costs year round. Simply take a photo of your receipt and categorize the expense through the app. You can also track your business mileage using your phone’s GPS and use that info when you file your taxes.
5. IRS2Go, IRS.gov
Even the IRS has joined the mobile tax movement! The IRS2Go lets taxpayers check the status of their refund within 24 hours of electronic filing, as wells as connect with the IRS via social media. Users can also get access to mobile-friendly payment options and taxpayers who qualify for free tax help through IRS programs, like Volunteer Income Tax Assistance and Tax Counseling for the Elderly, can use the app to connect with nearby program sites.