Company Overview

About TaxAct

TaxAct Details

Founded

1998

Revenue

$220M

Team Size

400

What SIA Thinks

TaxAct is a user-friendly tax preparation software designed to simplify the process of filing taxes for individuals, families, and small businesses. With a focus on ease of use, TaxAct offers a range of tools and resources to help users accurately complete their tax returns. The software guides users through each step of the tax filing process, ensuring that they don’t miss any critical details or potential deductions.

One of the key benefits of TaxAct is its affordability. It provides comprehensive tax preparation services at a fraction of the cost of hiring a professional accountant. Whether you're filing a simple return or a more complex one with multiple forms, TaxAct has various packages to suit different needs and budgets. Each package is tailored to meet specific tax situations, making it easier for users to choose the right one for their circumstances.

TaxAct also offers support for electronic filing, which means users can submit their tax returns directly to the IRS through the software. This helps to expedite the refund process and reduces the likelihood of errors compared to paper filing. Additionally, TaxAct's accuracy guarantee ensures that the calculations in your tax return are correct, providing peace of mind.

For small business owners, TaxAct offers tools to handle business expenses, depreciation, and other complexities with ease. The software's user interface is intuitive, so even if you're not well-versed in tax laws, you can still navigate the system without feeling overwhelmed.

TaxAct also provides dependable customer support through live chat, email, or phone, helping users resolve their questions or concerns promptly. With detailed FAQs and a comprehensive help section, most users can find answers to common questions quickly.

In short, TaxAct is a reliable and budget-friendly solution for anyone looking to streamline their tax filing process without sacrificing accuracy or support.

Pros and Cons

Pros

  • Cost effective
  • Easy navigation
  • Simple interface
  • Extra support options
  • Tax guidance

Cons

  • Extra fees
  • State fees
  • Limited free version
  • Upgrade prompts
  • Ads in free version

Reviews

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