Ok, yes I do exaggerate in the title but the H&R Block Tax software is indeed a great little solution to filing your income tax and it includes an Instant Cash Back feature in its Premium Encore version HR Block 2008.
This software is designed for Canadians offering the program in both English and French and with the option to prepare up to 16 returns. It easily allows you to import your financial data from QuickTax or other such tax software products, offers NetFile (the ability to file your income tax return online), guarantees accuracy and satisfaction and also includes an offer to obtain something called Audit Assistance.
The types of tax returns it can accomodate is lengthy including returns for individuals dealing with things such as Alimony and child support, Medical attendant care expenses, Child tax benefits and child care expenses, Disability, Donations, Employment income, Government repayments, GST and QST rebates, Immigrant and emigrant claims, losses that are carried forward/backward, medical and/or moving expenses, Non-resident filing, Political contributions, Rental income reporting, Retirement income, RRSP's, self-employed income, tax shelters, school tuition and union dues.
The filing is completed in three easy steps which are relatively painless but one caveat is that the program doesn't provide as much information as it could. There are those times when you would like a bit more explanation about those items that are claimable and H & R Block developers could have spent a bit more time in this particular area.
The NetFile process is fairly intuitive and the return on a Tax filing done in this manner was very quick - less than 2 weeks turn around time - however, the filing under this took place in March which is about a month in advance of the final filing deadline, end of April. Therefore, the later you file the longer you may possibly wait for your return.
Supported system requirements include Windows 98, NT4, ME, 2000, XP and Vista with 25 MB free disk space. A video card and monitor capable of the minimum resolution of 800x600 and equipped with a CDRom drive and printer if you wish to print off your completed return. The minimum system requirements make this program one that will easily work with almost every PC system.
Software updates are available on line as is support from [email protected] The company who developed the software is located in Calgary, Alberta, Canada.
Tax time this year was a quick process overall and we'll use the updated version of this software again when we file next year.