/24-7PressRelease/ - SANTA ROSA, CA, December 30, 2005 - In concert with the IRS e-file program, whose goal it is to receive 80% of all tax returns electronically by 2007, http://www.Taxhead.com is encouraging low-income and first-time tax filers to try eFile in 2006 (filing 2005 tax returns).
An executive from Taxhead.com said, "We are trying to reach those persons that qualify for the earned income tax credit. This is a tax credit that helps working persons receive financial incentives through their income tax return. We also want new, first-time tax filers to experience the speed and ease of preparing and filing their taxes online. Our tax software has always been free to use. In other words you can prepare your taxes for free and mail them to the IRS. But if you want to gain the benefits of eFile, or electronic filing, we charge a small fee. Actually one of the lowest eFile fees in the industry. Now we want to make eFile even more affordable to more people. There are still a lot of people out there mailing paper tax returns. We think eFile should be affordable and within the reach of all Americans, no matter their income. With the discounts announced today, you can get the benefits of our easy tax software and eFile for less than ten dollars."
He noted that many military families qualify for the EITC since supplemental payments and combat pay are exempt from the EITC income calculations.
http://www.Taxhead.com tax software prepares short form taxes (1040A and EZ), which are most applicable to low-income persons, working families, students and the like - almost anyone who earns less than $100,000 a year and does not itemize their tax return.
The benefits of eFile include greater accuracy, secure personal information, faster tax refunds and a truly paperless experience if you use the self-select PIN program (an easy-to-use system offered by the Taxhead.com and the IRS to make tax returns paperless).
Most Taxhead.com customers finish their tax return in under 30 minutes. The Taxhead.com tax software takes users through a simple interview process. Step, by step, the tax software has the user enter tax return data, offers answers to common questions, and helps determine if they qualify for the earned income tax credit (as well as a host of other tax credits). The software is offered through Taxhead.com's secure servers, online, and does not need to be downloaded.
To take advantage of these special offers, visit http://www.Taxhead.com. Links to the offers are available from the home page.
http://www.taxhead.com is an online income tax software and e-file service operated by Energy Matters LLC. The Company is an authorized IRS software developer, efile tax return provider, and IRS e-File Partner.
The Company creates secure, easy, accurate and low-cost ways for most individuals to prepare and efile their own "short form" (1040A, 1040EZ) income tax return. This covers about 70% of all tax returns in the United States.
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