The year is just about over, and smart taxpayers are already contemplating how they can get their refunds as quickly as possible. But in looking for information on how to file taxes in 2014, many people aren't aware of a little-known strategy that gives many taxpayers access to tax preparation help and electronic filing at little or no charge.
In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at the Free File Alliance program as one answer for how to file taxes in 2014. Dan notes that for those making income under a certain level -- $58,000 last year -- assistance is available at no cost. Moreover, even those earning above those limits can still use Free-File forms to prepare their own returns. Dan points out that a wide variety of preparation services participate in the program, including Intuit's (NASDAQ:INTU) TurboTax, H&R Block (NYSE:HRB), Blucora's (NASDAQ:BCOR) TaxAct, and the Liberty Tax service from JTH Holding (NASDAQ:TAX). Dan concludes that using the Free File Alliance can make it a lot easier for taxpayers deciding how to file taxes next year and in the future as well.
Get tax-smart for 2014
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Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Intuit. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.