The Canadian tax system has its own features. For example, it has different federal tax rates for taxpayers with different incomes, and different provincial tax rates depending upon the taxpayer's province of residence.
Today many commercial software companies provide fully-featured software solutions for this specific tax system. Such a solution purchased from a retailer can cost up to hundreds of dollars. Sometimes it may be too expensive for a small business owner or a personal user who is looking for a cheaper alternative. In this circumstance, he or she can find a free tax preparation computer system from the Internet.
Best Free Canadian Tax Accounting Software Download for 2010 and 2011 Tax Seasons
There are only a few kinds of free tax software applications available online for Canadian users. Most of these solutions are only free for personal users, and StudioTax is one of them.
StudioTax is a free Canadian income tax preparation software solution. It can be run on Microsoft operating systems such as Windows XP, Windows Vista and Windows 7 and provides English and French versions. StudioTax is free for personal users and regardless of level of income. The new version StudioTax 2010 can help Canadian taxpayers prepare and file income tax returns for the new tax season (due by April 30, 2011). It will be released in the second half of December 2010 or early January 2011. A user can check the Free Tax Software Download Page for updates.
Compare and Download Top Commercial Income Tax Software for Canadian Taxpayers
While free tax preparation software covers basic functions and features for personal tax refund and efiling, commercial tax software usually provides better services. The best commercial software solutions include TurboTax Canadian Tax Software (QuickTax), GenuTax, TaxTron, Cantax, and UFile Canada Tax System. These tax preparation software tools also provide free trials for the users of some of their editions. For example, UFile provides a free trial for its online tax preparation system.
A user can still find free alternatives for some editions of these commercial software programs. For example, a Canadian taxpayer can find free alternatives for three editions of TurboTax products priced at below $70. But TurboTax also provides other three editions priced at from $79.99 to $149.99 for personal users and small business owners. A Canadian taxpayer may have a reason to pay some money for using a commercial income tax system.
Related Articles:
Best Free Tax Software Solutions Download Reviews
Best Free Open Source Tax Preparation Software Download Reviews
Best Free Tax Accounting Software Review: Compare Professional and Personal Tax Calculation Filing Tools
Chen Nanyang - Chen Nanyang's journalist career began in 2002 when he started writing for China's Nanfang City News, Singapore's United Morning Post and ...
Join the Conversation