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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Leibnitz who wrote (37173)	3/31/2010 11:26:50 AM
From: Tapcon	Read Replies (2) \| Respond to of 78714

FWIW, there was an article in the Chicago Tribune last week chicagotribune.com indicating a strong trend away from traditional tax prep services in favor of online preparation services. The gorilla in that space is TurboTax, which showed a big bump in market share. The article mentioned that tax prep at H&R Block was down 9% while Jackson Hewitt was down 18% (confirming what you cite as Jackson Hewitt being in disarray.) My own experience with TurboTax the last 3 years is that it is pretty impressive, the way you can download your 1099s from your online broker directly to the program. Not too impressed with the live community responses to unusual situations, but if you fork over a fee to talk with a tax expert, in my experience it made me think of investing in Intuit...unfortunately, I see that Intuit has already had a good run since mid Feb.