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TaxBrain.com® Only Tax Service to Offer Free Online City Tax Preparation for Cincinnati, Cleveland, New York, Philadelphia, Pittsburgh Taxpayers

Tracy, CA, and New York City--(Business Wire)--January 12, 2007-- TaxBrain.com® (http://www.taxbrain.com), the fastest growing, and now third largest independent online tax service in the U.S. is the only online service offering free city tax preparation, which is a mandatory filing in several major metropolitan areas. The service is included free when taxpayers use TaxBrain.com to prepare their state taxes.

According to Charles Petz, Vice President, Product Development of Petz Enterprises, Inc. (http://www.petzent.com) "Unlike industry giants Intuit (http://www.intuit.com) and H&R Block (http://www.hrblock.com), TaxBrain.com is the only online service covering city taxes.

For the 2007 tax season," he continued, "TaxBrain.com will electronically prepare city taxes for Cincinnati, Cleveland, New York City, Philadelphia and Pittsburgh. All Michigan taxpayers including those residing in Battle Creek, Grand Rapids, Lansing and Jackson are able to prepare their city returns via TaxBrain.com. For city taxpayers in Pennsylvania and Ohio, TaxBrain.com provides the Generic Municipalities Form or City Income Tax forms, as well."

Mr. Petz added, "Preparation of the city tax return is required in these cities, however the city tax form itself must be printed out an mailed. Electronic filing Of city tax returns is not yet available. We look forward to a time when all of a taxpayer's compliance requirements can be met with electronic filing."

TaxBrain.com® New FREE Estimator Is Quick, Easy Way to Know How Much IRS Refund Is Coming To You

TaxBrain.com announces a new, easy to use refund estimator (http://www.taxbrain.com/taxcalculator/) that quickly tells the taxpayer how much to expect from the IRS. It is absolutely free and requires no knowledge of tax procedures.

Eric Hayes, TaxBrain.com Online Tax Specialist explains, "In several easy steps, the online taxpayer now can accurately predict how much the refund will be.

"TaxBrain.com's new free Tax Estimator is completely secure and designed for the taxpayer, rather than an accounting expert, "continued Mr. Hayes. "Simply fill in the blanks as prompted, and in a matter if minutes, the taxpayer knows exactly how much the refund will be. If the taxpayer expects to owe the IRS, the Estimator is an extremely helpful tool for planning payments."

About TaxBrain.com® the Online Tax Service

TaxBrain.com is the only web-based tax solution delivering online preparation, filing, professional assistance and representation in all 50 states. TaxBrain.com is a full-service online tax center providing tax advice, tools, and resources all year to help taxpayers manage their tax burden with greater confidence and ease. For more information visit www.taxbrain.com/press.

About Petz Enterprises, Inc.

Petz Enterprises, Inc. (a closely-held California corporation) is a software development company and a leading provider of tax preparation and filing solutions for the professional and consumer markets, helping to automate and simplify federal, state and local tax compliance. PEI's Crosslink® line of professional tax software products enable tax practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. Founded in 1974, Tracy, CA-based PEI is dedicated to serving the needs of the professional tax community and individual taxpayers worldwide. For more information, visit http://www.petzent.com.

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