The Frugal Canadian

A frugal spender seeks to find new ways to save money and increase her net worth.

Tuesday, March 07, 2006

More Tax Software Reviews

There is an interesting article by Rob Carrick at the Globe and Mail discussing some additional tax software programs that are available.

It discusses that the number of returns filed via Netfile has increased 14.3% in 2004, to a total of 3.5 million the number of returns and a 50% increase from 2001.

Not surprisingly, it highlights QuickTax, TaxWiz and Ufile as one of the 3 products to buy.

It does however list some newer cheaper programs such as

- Studiotax(Free! Financial donation suggested)
- myTaxExpress at $6.08,
- CuteTax at $8.98
- My personal favourite TaxFreeway at $9.95,
- T1Filer at $8.99
- EachTax at $5.99.
- GenuTax $34.99 BUT free updates every year after

Awhile ago, a reader inquired about a Mac version. The article suggests TaxTron which is $12.99

While I haven't tried any of the above programs other than TaxFreeway, they are all Netfile certified by CRA which means that they should produce accurate returns. As the article indicates, the probably are not as "slick" as QuickTax but I think they are worth a shot. Most programs allow you to download for free and try them out. Purchase is only required for printing or Netfile purposes.


At 4:20 PM, Anonymous Anonymous said...

Bah I did not see this when I posted on your other review thread.

The free one is not bad. On the T4 completion form with the wizard, there were two scroll bars which caused me at first to miss the entry spot for pension amount. Having to estimate spouses income then correct it afterward on the wizard was another problem I had (no biggy either).

It is very nice to see a free option for regular people.

At 3:45 PM, Anonymous Barry said...

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At 3:46 PM, Anonymous Barry said...

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At 7:22 PM, Anonymous Anonymous said...

The Taxman is a completely free software tax program made available by an accountant in Victoria B.C. It has been on the internet for something like seven years. This is my third year using it. You can not electronic file with it, but it is great for doing your taxes on your computer and printing a copy off and mailing it in. It does the math for you and is readily accepted by CRA in my experience.


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