TaxACT 2006 Helps Taxpayers Navigate New and Newly Extended Tax Law Changes

From Price to Performance - TaxACT Delivers Fast, Easy and Free Tax Solutions for Everyone.

January 10, 2007

Cedar Rapids, Iowa — 2nd Story Software, Inc., developers of what a number of critics and users alike denote as being America's #1 value-priced income tax preparation software, announces the release of TaxACT® Standard and Deluxe Editions for the 2006 tax season.

What's New for the 2006 Tax Season?

This tax season, TaxACT fashions a revamped, crisp interface, enhanced Site Maps, a new Q&A search feature, and program tutorial — making the navigation of TaxACT even more easy to use.

Guaranteed 100% accurate, TaxACT Standard continues to lead the way in affordability by allowing all American taxpayers to prepare, print, and e-file a federal return completely free-of-charge at www.TaxACT.com. TaxACT Standard includes the forms, schedules and worksheets filers need to prepare IRS forms 1040, 1040A and 1040 EZ Individual Income Tax Returns. With its user-friendly, interview format, TaxACT is designed to make tax preparation fast, easy and reliable by providing extensive reference tools and automatic alerts that meticulously inspect returns for errors, incomplete information and omissions.

The TaxACT 2006 Deluxe Edition provides access to more in-depth help and convenience features, advanced calculators, reports, additional tax advice and more. Some new features exclusively available in 2006 Deluxe include:

All TaxACT Editions are completely up-to-date and include the latest tax law changes — helping you capture every deduction and tax break you deserve. Both Standard and Deluxe Editions include complex forms, such as forms for Business Income, Capital Gains, Rental Property, itemized deductions, depreciation, and much more. TaxACT Online Editions include free e-file.

TaxACT Platforms and Pricing

TaxACT Online Standard and Desktop Standard Software for Windows contain the most common forms, schedules, and worksheets and enable users to prepare, print and e-file an Individual Federal Tax Return free-of-charge - no gimmicks, no restrictions, no fine print, or rebate checks to mail.

TaxACT Deluxe provides do-it-yourself preparers in-depth advice and tax tips. Deluxe users benefit from features such as J.K. Lasser's Your Income Tax, advanced calculators, a more robust help / alert system, and extra convenience features ( prior-year TaxACT return data import, advanced reporting and Fast-Form import). Best of all, Deluxe platforms include one (1) free federal e-file. Deluxe Online is just $9.95; or, for those who prefer to download the software version, the Deluxe Desktop Edition is $12.95 and includes the ability to prepare and print an unlimited number of returns.

TaxACT's best value, the Ultimate Bundle, combines TaxACT Deluxe and one State Edition for one low price. The Ultimate Bundle for desktop customers is $19.95, and for Online customers the cost is just $15.95.

TaxACT State Editions are available for all states that assess a state income tax.

About TaxACT

TaxACT is the pioneer and No. 1 provider of completely free tax-preparation software and online services. After nearly a decade, TaxACTOnline.com has emerged as the second most visited online destination for tax preparation services. (1) Designed to make preparing taxes electronically possible for everyone for little to no-cost, TaxACT was the first to offer free electronic tax preparation, printing and electronic filing services directly to all American taxpayers.

About 2nd Story Software, Inc.

2nd Story Software, a privately held company founded in 1998, is critically acclaimed as being a leader in developing and marketing affordable tax-preparation software and Web-based services directly to consumers. To date, the comprehensive suite of TaxACT products have enabled more than 23 million consumer returns to be filed; and, continues to empower its users to devise well-informed tax strategies with ease, while looking out for the cost-conscious.

More information regarding 2nd Story and the TaxACT product line may be found by visiting at www.TaxACT.com.

Source: TaxAct.com

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