About TaxAct Business
TaxAct Business is a tax preparation software from TaxAct, Inc. designed for businesses. It provides features like federal and state tax return preparation, real-time calculations, and customer support so users can efficiently manage their business tax obligations. The platform supports various business structures, including LLCs, corporations, and partnerships, ensuring compliance with tax regulations. Additionally, it allows users to import financial data directly from QuickBooks, simplifying the data entry process. Key capabilities: federal tax return preparation state tax return preparation real-time calculations customer support data import from QuickBooks Best for: business owners and accountants that need accurate and compliant tax return filing solutions.
TaxAct Business is a corporate tax software designed to streamline tax preparation for businesses. It offers a comprehensive suite of tools that assist users in filing federal and state taxes efficiently. The software is particularly beneficial for small and medium-sized enterprises, providing an affordable solution with a user-friendly interface and robust features. TaxAct Business simplifies the tax filing process by guiding users through each step, ensuring compliance with tax regulations while maximizing deductions. The user interface of TaxAct Business is intuitive and straightforward, making it accessible even for those with limited tax knowledge. The software employs a clean design with well-organized menus and navigation options, allowing users to move seamlessly between different sections. The step-by-step guidance ensures that users do not miss any critical details, and the built-in calculators help in accurate tax computations. Additionally, the software provides clear explanations for various tax terms and forms, reducing confusion and enhancing usability. TaxAct Business boasts a range of functionalities that cater to corporate tax needs. It supports multiple tax forms, including those required for partnerships, corporations, and sole proprietorships.
Pros & Cons
- +1. The navigation is phenomenal for sole proprietors.
- +2. The software helps in not missing deductions and expenses.
- +3. Customer/technical support is always available.
- −1. Backroom reporting could be a little more flexible.
- −2. Sometimes, the wording in the software can be confusing.
Features
Key features
- 1. Support for Various Business Structures
- The software caters to multiple business types including S-Corp, Partnership, Sole Proprietor, C Corporation, Estates & Trusts, and Tax-Exempt Organizations, offering tailored solutions for each. This broad coverage is a significant benefit for diverse business owners.
- 2. Audit Defense Add-on
- An optional service providing professional representation and support in case of an IRS or State audit for select business forms, offering peace of mind and expert handling of the audit process.
- 3. Xpert Assist Unlimited Help
- An add-on service offering unlimited access to speak with credentialed tax experts for personalized advice, questions, and even a quick review before filing for certain forms. This provides a direct line to professional guidance.
- 4. 100% Accuracy Guarantee
- The software guarantees the accuracy of its calculations, offering reassurance and potentially covering financial differences if an error occurs due to the software.
- 5. Tax Preparation Checklists
- Provides helpful checklists for various tax forms to assist users in organizing their information before starting the filing process, making preparation easier.
- 6. Bundling Options
- Allows users to bundle their business tax filing with an Individual 1040 return, offering a potentially convenient and cost-effective solution for combined personal and business tax needs.
Additional features
- 1. Trusted by over 650k business tax returns since 2003
- Highlights the software's experience and user base.
- 2. S-Corp & Partnership filing
- Provides guidance and forms for S-Corporations and Partnerships (Form 1065 and 1120-S).
- 3. Sole Proprietor filing
- Caters to single-owner businesses filing Form 1040, Schedule C/F.
- 4. C Corporations filing
- Supports the filing of Form 1120 for C Corporations and helps maximize deductions.
- 5. Estates & Trusts filing
- Offers an easy way to prepare and e-file Form 1041 for Estates & Trusts.
- 6. Tax-Exempt Orgs. filing
- Facilitates the preparation and e-filing of Form 990 for tax-exempt organizations.
- 7. Download Available
- Indicates that the software for these business types can be downloaded.
- 8. Add unlimited expert help
- Option to purchase additional unlimited assistance from tax experts.
- 9. Forms 1040, 1065, and 1120-S Only (for unlimited expert help)
- Specifies the forms covered by the unlimited expert help add-on.
- 10. Speak with a real tax expert over the phone
- Provides direct phone access to tax professionals.
- 11. Unlimited questions, personalized advice
- Allows users to ask any number of questions and receive tailored guidance.
- 12. Request a quick return review before filing
- Offers the option to have a tax expert quickly review the return before submission.
- 13. Audit Defense add on
- An optional service for protection and expert support during an audit.
- 14. For forms 1065, 1120S and 1120 (for Audit Defense)
- Specifies the forms covered by the Audit Defense add-on.
- 15. Bundle any of our products with Individual 1040
- Allows combining business and individual tax filings.
Pricing
Monthly plans
Sole Proprietor
USD 109.99
Partnerships
USD 149.99
S Corporations
USD 164.99
Countries & Languages
Interface languages
Billing currencies
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About TaxAct Business
TaxAct Business is a tax preparation software from TaxAct, Inc. designed for businesses. It provides features like federal and state tax return preparation, real-time calculations, and customer support so users can efficiently manage their business tax obligations. The platform supports various business structures, including LLCs, corporations, and partnerships, ensuring compliance with tax regulations. Additionally, it allows users to import financial data directly from QuickBooks, simplifying the data entry process. Key capabilities: federal tax return preparation state tax return preparation real-time calculations customer support data import from QuickBooks Best for: business owners and accountants that need accurate and compliant tax return filing solutions.
TaxAct Business Details
TaxAct Business's In-App Market Place
Does TaxAct Business have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Sole Proprietor
USD 109.99
Partnerships
USD 149.99
S Corporations
USD 164.99
Accepted Payment Currencies
USD ($)
Pros & Cons
- 1. The navigation is phenomenal for sole proprietors.
- 2. The software helps in not missing deductions and expenses.
- 3. Customer/technical support is always available.
- 1. Backroom reporting could be a little more flexible.
- 2. Sometimes, the wording in the software can be confusing.
TaxAct Business's Support Options
Contact
(319) 373-3600Chatbot
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