Getting tax filing software from the best tax filing sites is a trustworthy way for first-time e-filers to ensure that they file accurately and on time. Getting software from the best tax filing website will look different for each e-filer. Some will prefer using cloud-based software while others may prefer the simplicity and security of desktop software. Regardless of your software preferences, accurate reporting and filing are essential parts of making sure that you receive all returns in a timely manner and do not incur any penalties from the Internal Revenue Service.
There is a less than 1% error rate among e-filed returns compared to a 21% error rate for paper returns.
Advanced Micro Solutions’ 1099-etc E-Filer can operate as an add-on module to our W-2/1099 Forms Filer program. Our complete database system will automate your calculations and make sure to flag common errors before you submit forms to any agency.
Should Beginners Get Software from the Best Tax Filing Sites?
Preparing for your first tax season requires first-time filers to take some necessary steps that starts with downloading software from a comprehensive tax filing site. Additionally, you will need to:
- Gather your financial documents
- Determine your tax filing status
- See which filing option is best for you
First-time e-filers may feel compelled to use free software if they have simple tax returns. There are other affordable options, like our 1099-etc E-Filer. We know, as a small business, how other small businesses or individual filers often have more defined budgets. That is why we:
- Are the most affordable solution on the market
- Do not have hidden or extra fees
- Let users add tools as they need them
Once you get software from one of the best tax filing sites, take the following steps:
Prepare Your Financial Documents
Collecting and organizing your essential paperwork from the past year is easier with software from the best tax filing website. Eliminating any missing documents will increase the speed at which you receive refunds. Carefully store your:
- Proof of identity – Social Security number or Individual Tax ID (ITIN)
- Income forms – Employer W-2s or 1099s from banks, stock sales, or freelance work
- Deduction records – Form 1098-E (student loan interest paid), Form 1098-T (tuition payments), itemized donation receipts for charitable contributions
- Form 1095-A (not for filing) with certain healthcare information
Know the Filing Basics
Using software from the best tax filing sites requires you to know your:
- Dependent status: Talk with your parents about whether they claim you as a dependent so it does not adversely affect your filing status and available credits.
- Filing status: Many first-time filers are “single”. Other status options are “married filing jointly”, “married filing separately”, “head of household”, or “qualifying widow/er”.
Understanding standard vs. itemized deductions is also important for first-time filers. Many new filers benefit from selecting the standard deduction.
Familiarize yourself with the ins and outs of tax credits. Credits for beginners may include the:
- American Opportunity Credit (education expenses)
- Earned Income Tax Credit (low-to-moderate-income workers)
- Saver’s Credit (retirement savings contributions)
Choosing how to file your forms using tax filing software from one of the best tax filing sites is the final step. Some individuals with tax software prefer to print out certain forms and mail the documents directly to the Internal Revenue Service. Filing entirely electronically can help you keep your documents organized and make sure that you are on top of any deadlines.
Pros and Cons of E-Filing for Beginners
E-filing as a beginner may feel daunting if you do not have an intuitive, user-friendly program. Understanding your software is just as important as your software being capable of meeting each of your needs.
Pros of E-Filing
- Greater accuracy
- Quicker refunds
- More organized record-keeping
- Immediate electronic confirmation from the IRS
Cons of E-Filing
- No physical copy
- Data security concerns
- Reliance on technology
- Learning curve
Each taxpayer needs to weigh the benefits and drawbacks of e-filing before they get a program from what they view as the best tax filing website. Many disadvantages can be managed with a system that does not rely on an internet connection or offers strong customer support.
Getting Started with AMS’ E-Filer
Affordability and usability are our top priorities when it comes to our 1099-etc E-Filer and any of our other accounting or payroll products. What separates AMS from many of the other best tax filing sites is that we give users a choice based on their needs.
E-File Direct (add-on)
- Flat fee
- Unlimited number of form filings
- Users can verify, view, and print files
E-File Services
- Volume pricing (fee per form)
- Forms are e-filed through a third-party vendor
- Different service levels available
Download our free 1099-etc Demo software today. First-time and experienced tax filers can get started by entering their real information.