Get Help with Personal Tax Returns, Learn How Professional Tax Services Save Money

FOR IMMEDIATE RELEASE
Kaysville, Utah, United States of America (Free-Press-Release.com) February 23, 2012 -- Kaysville, Utah, February 22, 2012—RedGear Technologies is releasing agroundbreakingalternativetotraditional methods of tax preparation—MyTaxAuction.com, a new website where consumers have their taxes done professionally, from anywhere—auction style. The new book “5 ½ Reasons you LOSE MONEY preparing your own taxes” outlines several financial benefits of using professional tax services to help consumers eliminate needless stress and save time and money during tax season.

Saving money by paying for tax preparation seems counterintuitive. After all, many people do their own taxes and receive generous refunds as a result. But oftentimes, a refund is only as good as the person preparing the return.

“A lot of tax payers don’t make the connection that spending money for a good tax preparer can actually save money in the end,” said Barry J. Safeer, a CPA from East Brunswick, New Jersey. Safeer says many of his new clients did their own taxes in the past mainly because it was free.

“In their eyes it seems best, from a money standpoint, to go with the free tax software that’s out there or the free tax preparation offers from tax chains. These free options work, but there’s really no telling how much money you’re actually losing by trying to save money upfront.”

Those trying to save money doing their own taxes should consider what the IRS calls the “taxpayer burden.” The IRS reports that taxpayers using forms 1040, 1040A or 1040EZ spend an average of 18 hours on tax preparation. Besides the time drain, people often leave money on the table when they do their own taxes, according to Staci Kinshella, MyTaxAuction Product Manager.

“Atax professional has the know-how to get the most out of your return,” said Kinshella. “They save you time, but they also save you money through special deductions and refunds you might miss on your own.”

The goal behind MyTaxAuction.com is to promote taxpayerempowerment. The website allows customers tomake choices before, during and after the auction process. Customers get personalized, professional tax service without leaving the comfort of their home and they are able to set their own price for the entire process. Furthermore, the website gathers a congregation of authorized tax professionals whoreview tax profiles submitted by the consumer. Theyplace bids on returns and assist consumers throughout the process. The consumerhas complete control of their tax destiny by determining their own price and choosing their preferred preparer.

Consumers can complete a tax profile in 5 to 15 clicks, depending on their tax situation, and start their auction in 2 minutes or less. You no longer need to visit the big-box tax preparation chain in person. Hiring a tax professional is as simple as visiting MyTaxAuction.com where professionals review the tax profiles and place their bids. Once the auction timeframe expires, consumers review the tax pros’ bids, credentials and ratings, and then choose a professional. Consumers upload their tax documents digitally through a PDF, scanned document or even a photograph.

“The entire process can literally be done from your iPhone while you’re on the beach,” Kinshella added. “No one else is doing this.”MyTaxAuction.com allows for secure data transfer and communication during the entire transaction. The consumer and tax professional always stay in touch.

Consumers only pay for services after tax preparation is complete and they have had a chance to review a summary of their tax preparation results. Once satisfied, they pay for the services through PayPal. The tax preparer then electronically files the return(s).

Visit MyTaxAuction.com, or connect with us on facebook, https://www.facebook.com/MyTaxAuction, for more information.

About RedGear Technologies

RedGear has developed professional income tax software for 39 years, serving thousands of tax professionals who prepare and electronically file millions of individual and business returns nationwide.

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