Tracy, CA--(Business Wire)--January 26, 2006--America's employers are now sending out millions of W-2 forms and taxpayers anxiously anticipating refunds are signing up in record numbers to file their tax returns online. At TaxBrain.com (http://www.taxbrain.com), as well as other industry leaders such as Intuit's Turbo Tax Online (http://www.turbotax.com) and H&R Block's TaxCut Online (http://www.taxcut.com) more taxpayers than ever are taking their annual IRS transaction the Internet.

Eric Hayes, TaxBrain.com Senior Tax Analyst explained, "Employers must distribute withholding forms before the end of January. In fact, online registrations at TaxBrain.com are 80% ahead of this time last year. That's largely because taxpayers have come to expect their refunds in a matter of days when returns are e-filed online."

Smart Computing Magazine's (http://www.smartcomputing.com) just-released PC Novice Reference Series "Taxes and Personal Finance," (published by Sandhills Publishing Company) devotes an entire section to "Taxes and Technology." According to one reviewer, "One of the reasons people like filling out their tax forms online is that is can be so darn easy. That's generally true with TaxBrain, now approaching it's sixth season."

PC Novice illustrates how one of the most common IRS forms, the W-2, is handled by TaxBrain.com: "The screen you see will resemble the W-2 your employer sent you. You simply look at the information on the paper form and type the same data, including employer identification number, wages, and federal income tax withheld, onto the TaxBrain worksheet. Click the save button. When done, click the Calculate button to calculate the refund amount you expect."

Not a Super Bowl fan? Do your taxes instead!

According to Todd Taylor, Director of Affiliate Marketing for Petz Enterprises (http://www.petzent.com), "Over the years we have seen a significant spike in tax preparation during the Super Bowl. While the exact reasons may be hard to pin down, it appears that while the some folks are totally absorbed by the game, it can be a perfect time for the non-fan to quietly, quickly and easily complete the taxes. Best of all, e-filing means receiving the refund in a matter of days."

Of America's 132 million federal taxpayers, more than 100 million will receive a tax refund this year.

About TaxBrain.com® Online Tax & E-file 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.