TaxACT Press Release - January 8, 2009

TaxACT® 2008 Deluxe — Taxes Done Right

TaxACT Deluxe, The best value for your biggest refund.

Cedar Rapids, IA – January 8, 2009 — 2nd Story Software®, Inc., announces the release of TaxACT 2008 Deluxe. TaxACT Deluxe users receive all the benefits of TaxACT Standard with additional features like TaxACT's new Donation Assistant™ and unlimited live support via phone or e-mail. Users who e-file using TaxACT Deluxe and utilize direct deposit can have their tax refund in as few as eight days1.

"We've spent the last decade providing top-of-the-line tax preparation software to our users at low prices. While our competitors have raised their prices and tacked on fees, our focus has been on improving our users’ experience while keeping costs low," says Lance Dunn, CPA and President of 2nd Story Software, Inc.

"We worked very hard this year to make valuable additions to TaxACT Deluxe and we think we've done that with the new Donation Assistant™. This tool will help our users track their charitable donations and provide fair market value for more than 700 items based on the condition. Donation Assistant is just one more way that TaxACT can help our users get their maximum refund. Given the current state of the economy, we want our customers to know they’re getting the biggest refund possible, without spending a lot to get it."

TaxACT Deluxe

TaxACT Deluxe gives customers access to more one-on-one support and several features that provide additional advice and guidance. Some of the features available to Deluxe users include:

  • NEW! Donation Assistant: Turn your charitable contributions into big tax savings. Donation Assistant lets you accurately track your donations and provides you with certified resale values for nearly 700 commonly donated items, eliminating the guesswork and putting more cash in your wallet.
  • NEW! Maximum Refund Pledge: If you receive a larger refund or smaller tax due from another tax preparation method with the same data, we will refund the applicable product price paid for your TaxACT Deluxe federal return.
  • Unlimited Phone Support: No matter how complicated your tax related question is, our dedicated Taxpayer Support team will work with you to resolve it. No time limits, no fees; just a trained specialist waiting to provide you with the help and information you need.

1  In general, the IRS estimates that it will take 8-15 days for taxpayers who e-file their return and direct deposit to receive their federal tax refund from an accepted tax return. IRS processing delays may occur, delaying receipt of the taxpayers refund. The IRS begins accepting e-filed returns on Jan. 16th.