TaxACT Press Release - January 18, 2006
TaxACT Extends Its Free Tax-Preparation and E-File Offer to All Taxpayers Following New IRS Free File Eligibility Rules
All TaxACT Users Can Prepare, Print, File Returns Electronically for Free at www.taxact.com
Cedar Rapids, IA - Jan. 18, 2006 - As new Internal Revenue Service taxpayer-eligibility rules will exclude millions of taxpayers from filing their 2005 tax returns electronically for free, TaxACT -- America's most trusted, value-priced, tax-preparation software -- today extended its free tax-preparation and e-file offer to all taxpayers using www.taxact.com.
With the IRS eligibility changes to its Free File requirements, www.taxact.com is the only place for all taxpayers to find truly free tax-preparation and electronic-filing services.
"While TaxACT is pleased to participate in the IRS Free File program again this year, that program limits the qualified taxpayers who can use TaxACT to prepare, print and e-file for free," said Lance Dunn, president of 2nd Story Software. "We extended our free tax-preparation and e-filing services at taxact.com because we are committed to encouraging all taxpayers to enjoy the vast benefits of online tax preparation and e-filing."
The new IRS Free File offers are now burdened with restrictions and eligibility rules. But, taxpayers can avoid unnecessary confusion by simply visiting www.taxact.com directly to prepare, print and e-file their federal tax return for free.
Users of TaxACT Standard Federal Edition for the 2005 tax season can enjoy the top-quality features at no cost. TaxACT Standard offers a user-friendly, seven-step process with all of the forms necessary to prepare a federal tax return. The straightforward language, extensive reference tools and automatic flags for inaccurate and incomplete information make preparing taxes online fast, easy and reliable.
"TaxACT is dedicated to providing the largest number of consumers with the ability to prepare, print and e-file their federal income taxes at no cost," added Dunn. "With our 'free for everyone' offer at taxact.com and the free file offer on the IRS's www.IRS.gov page, we hope to encourage every consumer to prepare his or her taxes online with TaxACT."
About TaxACT
Approaching its eighth tax season, TaxACT is America's No. 1 value-leader in tax-preparation software and consumer services. TaxACT is the nation's pioneer and most trusted leader of free tax-preparation software and online services, TaxACT is the only product to offer free e-filing services directly to consumers and to provide more free forms, worksheets, and schedules than other tax product. According to Hitwise™, between Feb. 20, 2005 and April 16, 2005, TaxACT Online ranked second in the number of hits among other Web-based tax-preparation services during last year's tax season.
About 2nd Story Software, Inc.
2nd Story Software, a privately held company founded in 1998, is the leader in developing and marketing affordable tax-preparation software and Web-based services directly to consumers. To date, the comprehensive suite of TaxACT products have enabled more than 18 million consumer returns to be filed. It recently completed an $85 million recapitalization with TA Associates, a leading private equity and buyout firm.
