main

TurboTax readies to accept online tax returns.

me101   on 14 January 2002 - 18:13 · no comments & 164 views

Advertisement (Why?)
In the US, it's that time of year, Tax Return season, and this year filing electronically is to be come a little bit easier with Intuit broadening it's tax preparation system to a new Premium 1040 service, which promises extra tools and helpful advice with all the new laws, to get the most from your tax return.

Last year, taxpayers prepared some 2.5 million returns via the online version of TurboTax; this year Intuit expects taxpayers to prepare about 3.5 million returns through its online software. With features like stop and start preperation from any web browser, and with direct deposit of your return, TurboTax really holds up to it's name, Turbo by name, Turbo by nature.

For those who have low income, Intuit/Quicken have the "Quicken Tax Freedom Project", for those who have an adjusted gross income of $25,000 or less. Last year over 1.5 million taxpayers filed their tax returns for FREE using the Quicken Tax Freedom Project. The Quicken Tax Freedom Project applies to both the preparation and filing of your federal and one state individual income tax return, including filing your return electronically. You must follow the Freedom link in order for Intuit to be able to determine if you are eligible, when you go to file your taxes.

News source: CNet News
Tax Preperation: Quicken TurboTax for the web - Prepare your taxes online
Tax Preperation: Quicken Tax Freedom Project - Prepare and File your taxes for FREE


These capabilities are crucial underpinnings that will provide the foundation for Sun's push into distributed grid computing, he said. A core premise of this developing computing model is that servers will automatically come online to provide additional capacity as needed. But that process cannot happen until servers can dynamically discover and replicate new environments.

Ingram said that these and other capabilities inherent in Solaris will provide the foundation that will allow Sun and its allies to counter the vision put forth by Microsoft in its .Net architecture, which ultimately envisions a world where applications automatically discover and integrate with one another using Web services.

In contrast, Sun will use Web services to link loosely coupled applications, while relying on Java to link tightly coupled applications.

"In Microsoft's view of the world, everything is based on XML and loosely coupled applications. We see a need for loosely coupled applications and tightly coupled applications using Java," Ingram said.

Industry analysts said the war over the next generation of distributed computing between Microsoft and Sun is far from over.

Rikki Kirzner, research director at IDC in Mountain View, Calif., said the battle will not be won on the basis of one or two tools. Market penetration, cost-effectiveness of implementation, and ease of use will be the critical customer drivers, she said. "The companies have to make the solutions real," Kirzner said, commenting that vendors need to do more than simply adopt standards such as SOAP (Simple Object Access Protocol).

Microsoft, IBM, and Computer Associates are also working on technology to control and manage distributed computing environments to deliver Web services. But Sun may beat its rivals to the punch. Sun's hardware and OS components are stand-alone and proprietary, making the groundwork for development specific and more efficient, said Gordon Haff, a senior analyst at Illuminata, in Nashua, N.H.

Post a comment · Send to friend Comments · There are no additional comments

Commenting has either been disabled on this article or you are not logged in. Click here to login or register, its free!

Note: Anonymous commenting is disabled in order to keep the quality of responses to a high standard.

Advertisement (Why?)