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TaxAct Business has been a reliable tool for small business owners to handle various types of tax returns. With tools and guidance, …
Starting at $94.95 one-time fee
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What is TaxAct Business?
TaxAct Business is a versatile tax preparation tool designed to make preparing and filing business returns fast, easy, and accurate. The software supports both cloud-based and on-premise solutions for businesses of all sizes with automatic tax calculation and e-filing capabilities. The free version...
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Sole Proprietor
$94.95
Cloud
one-time fee
Sole Proprietor
$119.95
On Premise
one-time fee
Partnership
$124.95
Cloud
one-time fee
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.taxact.com/business-returns
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $94.95 one-time fee
Product Details
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- Competitors
- Tech Details
- FAQs
What is TaxAct Business?
TaxAct Business is a versatile tax preparation tool designed to make preparing and filing business returns fast, easy, and accurate. The software supports both cloud-based and on-premise solutions for businesses of all sizes with automatic tax calculation and e-filing capabilities. The free version includes all e-fileable IRS forms for 1040, 1040A, and 1040EZ filings along with an extensive Credit, Deduction, and Income Examiner feature that helps find the most credits and deductions for the biggest refund while saving users time.
In addition to its core features, TaxAct Business also offers a Deluxe version that comes with added functionality such as Donation Assistant which tracks charitable donations and provides audit-backed values. It also has TaxAct Life Events that gives personalized life tips aimed at maximizing income tax deductions possible. Furthermore, the software's multiple import options save time by reducing errors caused by manual data entry when importing W-2s or Schedule K-1 Information; they include TaxACT Import, Stock Import, W-2 Import, and Schedule K-1 Import.
TaxAct Business guarantees maximum refunds using its Maximum Refund Pledge feature which displays how changes affect refunds after every step in the interview process. Help & Support are available through email or phone support via their enhanced Answer Center service packages starting from $7.99 throughout the year. The inclusion of state taxes in this package ensures federal information can be transferred automatically without repetition during state return preparation - taking up less time than traditional systems would require - you can then proceed to file your taxes quickly via free state e-file services provided by TaxAct Business platform altogether aiming to give businesses high-quality tools needed during tax season.
TaxAct Business Competitors
TaxAct Business Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows, Mac |
| Mobile Application | No |
Frequently Asked Questions
TaxAct offers online and downloadable tax preparation and filing software, available to private individuals, as well as businesses and entrepreneurs.
TaxAct Business starts at $94.95.
Intuit TurboTax, TaxSlayer Self-Employed, and FreeTaxUSA Small Business and Self-Employed Tax Filing are common alternatives for TaxAct Business.
The most common users of TaxAct Business are from Small Businesses (1-50 employees).
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TaxAct Business has been a reliable tool for small business owners to handle various types of tax returns. With tools and guidance, several users have reported receiving maximum refunds. The software offers a step-by-step approach to help users achieve their desired results with ease.
Users find TaxAct Business to be easy to use and straightforward, guiding them through every question while autofilling their taxes. Before, some users had to use multiple software programs or outsource their taxes; however, with TaxAct Business, they can do it themselves with ease. This affordable solution provides a comprehensive approach on all platforms, including web, desktop, and mobile.
The software saves users time and money by keeping track of previous year taxes, deductions, moving expenses, and more. Additionally, users appreciate the ability to compare their tax returns year on year and opt for professional tax advice if needed. TaxAct Business also reduces business costs by allowing users to claim tax returns without any hassle. With years of successful use for both personal and business use, several users recommend TaxAct Business as an effective solution during tax time.
Ease of Use: Many reviewers found TaxAct Business easy to use and efficient, allowing them to quickly enter information from previous years. The software's ability to guide users through the transfer and bringing in of their business charge data was also appreciated by some, making the process smoother and easier.
Affordability: Several users thought that TaxAct Business was a relatively inexpensive way to do their taxes, with a free federal option available for filers depending on the difficulty of the filing situation. The availability of both a free version and paid version at a good price was also liked by some.
Accuracy: A number of reviewers praised TaxAct Business's accuracy in performing calculations related to tax filing and offering explanations for various forms if needed. Users appreciated quality control reviews for federal and state taxes, ensuring accuracy and avoiding errors. Additionally, many found that TaxAct Business could file the most accurate return possible with more options to choose from when it comes to deductions resulting in larger refunds.
Unhelpful Customer Support: Some users have found TaxAct Business's customer support to be unhelpful and slow to respond. This can cause frustration for users who need assistance with their tax filings.
Confusing User Interface: The user interface of TaxAct Business can be confusing and difficult to navigate, leading to frustration during tax season. Some users have reported difficulties finding the information they need and understanding certain terms.
High Cost for Complicated Filings: The cost of the software can be high for users with complicated tax filings, and some users feel that the price could still be lower. This may deter potential customers from using TaxAct Business as their preferred tax software option.