First Federal Tax Returns App for iPad Now Available from Taxsoftware.com

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January 10, 2011
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First Federal Tax Returns App for iPad Now Available from Taxsoftware.com

BETHESDA, Md., Jan. 10, 2011 /PRNewswire/ -- Taxsoftware.com today announced that an application for six of the most often used 2010 federal tax returns is now available for a flat fee of $9.99 on the Apple iPad. The forms can be completed entirely on iPads and transferred to PCs or Macs.

This is the first federal tax returns application to be available for the millions of iPads sold since their introduction last year.

Taxsoftware.com was the first to provide both personal and business tax preparation services online, which are used today by hundreds of thousands of accountants and companies.

"We led the pack in the 1990s in providing online tax services.  We are proud to take the lead again with the launch of the one application people need so they can use iPads to prepare and file a variety of federal tax returns," said spokesperson Mickey Macedo.

The app for the 2010 tax year version of Form 1040 return includes most forms and schedules needed to prepare tax returns.  Paid preparers must be registered with IRS and have an EFIN, a PTIN and an IRS E-services account.  They must also be registered with a Taxsoftware.com Eservices account and have a digital ID.

The app includes the following additional business tax returns:

    --  Simplified tax year 2010 version of Form 1065 (Partnership Return),
        which includes two Schedule K-1s.

    --  Simplified tax year 2010 version of Form 1120 (Corporation Return),
        which includes all basic schedules.

    --  Simplified tax year 2010 version of Form 1120S (S Corporation Return),
        which includes one Schedule K-1.

    --  Simplified 1041 Form (Estates and Trusts), which includes one Schedule
        K-1.

    --  1099-MISC.

All business forms include depreciation of up to ten assets and the use of one vehicle for business. The app includes unlimited tax preparation and printing. There is an e-filing charge of $4 for an iPad 1040 and a $15 fee for any iPad business return (1041, 1065, 1120, 1120S and 1099-MISC.)

For more information, go to

http://itunes.apple.com/us/app/taxsoftware-com-for-ipad-2010/id399912222?mt=8.

    Media Contact:
    Edward Segal
    301-320-7080
    edward@edwardsegal.com

SOURCE  Taxsoftware.com

Taxsoftware.com

CONTACT: Edward Segal, +1-301-320-7080, edward@edwardsegal.com

Web Site: http://www.taxsoftware.com

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