17 years helping Israeli businesses
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What Is TaxAct Business?

Online tax filing tool with a step-by-step guidance that automates and simplifies business return preparing, e-filing, and printing.

Who Uses TaxAct Business?

Cloud-based & on-premise tax preparation solution which helps individual owners & businesses of all sizes with automatic tax calculation & e-filing.

TaxAct Business Software - 1
TaxAct Business Software - 2
TaxAct Business Software - 3

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Reviews of TaxAct Business

Average score

Overall
4.7
Ease of Use
4.6
Customer Service
4.5
Features
4.7
Value for Money
4.6

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
73%
4
20%
3
7%
Shilleah
Shilleah
Sales and Marketing Manager in US
Verified LinkedIn User
Consumer Services, 11–50 Employees
Used the Software for: 1-5 months
Reviewer Source

Alternatives Considered:

Easy Way of Doing Our Small Business Taxes on Our Own!

5.0 5 years ago

Comments: I loved TaxAct when we did use it! It is very affordable for small business owners, and guides you through all the questions in order to autofill our taxes.

Pros:

It walked me through all the uploading and importing of our business tax information, and pretty much held my hand the whole way through our business taxes.

Cons:

We ended up switching our Payroll to Intuit, so was easier for us to use Turbotax this year instead of TaxAct, since it is directly linked with our payroll

Yonatan
Accountant in Ethiopia
Accounting Software, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

"Simple Method of Doing Our Independent company Expenses all alone!"

5.0 3 years ago

Comments: I cherished TaxAct when we utilized it! It is entirely reasonable for entrepreneurs, and guides you through every one of the inquiries to autofill our charges.

Pros:

It strolled me through all the transferring and bringing in of our business charge data, and basically held my hand the entire way through our business charges.

Cons:

We wound up changing our Finance to Intuit, so was simpler for us to utilize Turbotax this year rather than TaxAct, since it is straightforwardly connected with our finance.

Neha
Tax Consultant in India
Verified LinkedIn User
Management Consulting, 10,000+ Employees
Used the Software for: 1+ year
Reviewer Source
Source: GetApp

Affordable but doesn’t offer as many extra features as its competitors

3.0 7 years ago

Pros:

TaxAct software is comparatively easy to use, with pricing that compares well with most of the other available software. Unlike Turbo Tax and H&R Block, it can’t import W-2 automatically due to which it takes time to file the return. Tax Act is relatively less expensive. The interface is simple and navigation is relatively easy. Tax Act allows you to import a previous year’s return, which saves some time as individual do not have to enter all your personal information. It also allows you to pay your filing fee with your refund. Review and alerts are also available in this software before finalizing of returns.

Cons:

The lack of a W-2 import is disappointing. Being able to upload your income information saves time and prevents errors from manual entry. It also lacks good customer support.

John
Managing Partner in US
Accounting Software, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

TaxAct Professional

4.0 3 years ago

Comments: Absolutely love it. It actually is more comprehensive than required.

Pros:

The only thing that would make this software better is a little more ability to customize reporting.

Cons:

Backroom reporting could be a little more flexible. However, it is a minor issue in the overall performance.

TaxAct Response

3 years ago

Hi John - thank you for your feedback. Our team is working to update the software in time for TY21 - I think you will be pleasantly surprised with the changes! If our team can ever provide additional assistance, please do not hesitate to give them a call at 319-536-3571 or [email protected].

Earlie
Musician in US
Music, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

What's Your Business without TaxAct Business

5.0 5 years ago

Comments: I love TaxAct Business and will use it forever!

Pros:

This is definitely the tool for your business if you're a sole proprietor. The navigation of this software is phenomenal resulting in me not missing any of my deductions and expenses that I can write off! The customer/technical support is always available to answer any questions.

Cons:

Sometimes, the wording can be a bit confusing, but customer service comes in to save the day for me!

TaxAct Response

3 years ago

Hi Earlie - thank you so much for your kind words. We love having you as a customer! If our team can ever provide additional assistance, please do not hesitate to give them a call at 319-536-3571 or [email protected].

Hailey
Coordinator in US
Events Services, 2–10 Employees
Used the Software for: Free Trial
Reviewer Source

So easy to use

5.0 5 years ago

Comments: I will use this again and again. If you have any experience doing your own taxes you will breeze through this. If you have never done your own taxes, you may find yourself asking a few questions or needing clarifications but the application has planned for this and you will easily find the answers you need.

Pros:

Taxact provides everything you need in order to do taxes. If there are any confusions or questions, there is usually a button that will clarify what it is asking. Everything is stated clearly.

Cons:

Some things are listed only by their "technical title" and I would have to figure out which is which myself. Minor inconvenience for those not familiar with tax forms.

Verified Reviewer
Verified LinkedIn User
Automotive, 2–10 Employees
Used the Software for: 1+ year
Reviewer Source

TaxAct Business : All your e-filing tax needs in one software

5.0 10 months ago

Pros:

I love that it has step by step instruction for filing your taxes online. It is also very affordable and has great online support.

Cons:

There wasn't anything at all I could complain about!

Sandra
Owner in US
Accounting Software, Self Employed
Used the Software for: 2+ years
Reviewer Source

Tax Act is great

5.0 2 years ago

Comments: It is user friendly

Pros:

It's value and how the interview questions were formatted. Easy to understand.

Cons:

I liked the whole thing. The software was a breeze to use.

Cheryl
Cheryl
Occupational therapist in US
Verified LinkedIn User
Health, Wellness & Fitness, 10,000+ Employees
Used the Software for: 2+ years
Reviewer Source
Source: GetApp

Been using this for years!

5.0 4 years ago

Comments: I’ve had success using it and it’s made doing taxes each year much easier.

Pros:

It is efficient and easy to get my taxes done and submitted.

Cons:

I forget my password after a year, don’t remember where I put it. So I need to usually reset password each year.

TaxAct Response

3 years ago

Cheryl - thank you so much for your kind words. We love having you as a customer! If our team can ever provide additional assistance, please do not hesitate to give them a call at 319-536-3571 or [email protected].

Aaron
Aaron
Manager of FP&A in US
Verified LinkedIn User
Insurance Software, 501–1,000 Employees
Used the Software for: 6-12 months
Reviewer Source
Source: GetApp

TaxAct is helpful but more complicated at the business level

4.0 3 years ago

Pros:

I liked that it had all the business features I needed.

Cons:

Some of the tax rules and laws made completing the tax return complicated.

Farrah
AVPSA in US
Education Management, 501–1,000 Employees
Used the Software for: 2+ years
Reviewer Source

Do it yourself with TaxAct

4.0 2 years ago

Pros:

Since my tax filing is pretty straight forward, it's cheaper for me to use this product to do my own taxes than to drive somewhere to have someone else do it for me. Instructions are simple and very easy to follow. And my copies are stored electronically in my account if I ever lose my printed copy.

Cons:

Since I don't utilize all the features of the product, it is a little expensive for basic business users.

Luis
Tax Preparer in US
Financial Services Software, Self Employed
Used the Software for: 2+ years
Reviewer Source

TaxAct Software for Business

5.0 3 years ago

Comments: I have had a great experience with this software. Previous software was cheaper but difficult to use and the support was terrible.

Pros:

It is easy to use, customer support has been great.

Cons:

No Cons that I can think of. Everything seems great with this software. every year it gets better and better.

Brian
CFO in US
Financial Services Software, 1,001–5,000 Employees
Used the Software for: 2+ years
Reviewer Source

Tax Act Review 2020

4.0 4 years ago

Comments: I found it easy to use and it met all of my needs for filing several individual federal and state taxes and the efile process was also very easy to use, so it worked great for me.

Pros:

Tax act is easy to use when following the question and answer sections. It also highlights areas of your taxes that you might not have thought about. You can import your prior tax return very easily and for some IRS tax forms you can also import the data directly from the senders. The software have several quality control reviews for federal and state taxes. You can efile your returns or print and mail your returns. You can also save your returns and a backup copy of your return on your computer

Cons:

There are different tax software packages depending on how complicated your taxes are, so you need to make sure you pick the correct software by Tax Act. Also in getting some customer support it took a long time to get someone on the phone and they were not that helpful.

TaxAct Response

3 years ago

Hi Brian - we understand that choosing a tax software package can be difficult. However, our sales team prides themselves on helping our customers work through the options & ensure that you are not overpaying. As we head into TY21, please feel free to give them a call at 319-536-3571 or via email at [email protected].

Verified Reviewer
Verified LinkedIn User
Printing, Self Employed
Used the Software for: 2+ years
Reviewer Source
Source: GetApp

Very Simple to Use!

5.0 4 years ago

Pros:

I have used TaxAct the past couple of years in order to file both my state and federal taxes without any problems whatsoever. When they say they are able to file the most accurate return, they mean it. I say that because they allow more options to choose from when it comes to deductions, for instance, when filing. The platform as a whole is simple to use and the pricing options are quite fair, as well. You can save even more, (20% off the cost of your federal filing), when you visit their website via the following link: https://refer.taxact.com/s/lakingsrule1472583693

Cons:

Nothing to report on this front, luckily!

TaxAct Response

3 years ago

Thank you so much for your kind words. We love having you as a customer! If our team can ever provide additional assistance, please do not hesitate to give them a call at 319-536-3571 or [email protected].

Verified Reviewer
Verified LinkedIn User
Veterinary Software, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source
Source: GetApp

Cheaper than a tax preparer.

5.0 3 years ago

Comments: I have used Taxact for years without any problems. It is easy to file electronically.

Pros:

I like that this is a relatively inexpensive way to do your taxes. If you have questions, it will help guide you through them. I have been using this software for close to a decade and never had a problem or audit. It saves your information from the previous year and uploads it to your new tax form.

Cons:

I am not anywhere near being a tax expert and sometimes I have questions. Sometimes the answers are not clear to me. You will pay a higher amount if your taxes are complicated and lengthy.

Brenda
Owner in US
Accounting Software, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

TaxAct is a great software

5.0 2 years ago

Comments: I provide different types of taxes returns for clients, and TaxAct handles them all

Pros:

The software is easy to use, and the most recent improvements are wonderful

Cons:

Customer service could be improved during tax season

Gary
owner in US
Accounting Software, 2–10 Employees
Used the Software for: 6-12 months
Reviewer Source

very happy with product

5.0 2 years ago

Pros:

very close to the prior software I used

Cons:

step by step questions walk straight though tax interview

Verified Reviewer
Verified LinkedIn User
Computer Software, 201–500 Employees
Used the Software for: 1+ year
Reviewer Source

Use every year for taxes and cheaper than competitors

5.0 5 years ago

Pros:

It is cheaper than TurboTax and other bigger tax solutions. It's also very easy to use and walks you through each step to earn the biggest refund.

Cons:

Some questions were confusing and it could do a little better job explaining certain terms.

Shannon
Artist in US
Arts & Crafts, Self Employed
Used the Software for: 1+ year
Reviewer Source

Alternatives Considered:

I recommend tax act

5.0 4 years ago

Comments: I have used tax act for many years and each year it meets all my tax needs correctly and in a professional but fast manner

Pros:

Free tax filing and user-friendly also meets all tax needs

Cons:

I have yet to find any cons while using tax act for my yearly taxes

TaxAct Response

3 years ago

Shannon - thank you so much for your kind words. We love having you as a customer! If our team can ever provide additional assistance, please do not hesitate to give them a call at 319-536-3571 or [email protected].

Stacey
Center Director in US
Education Management, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Simple Filing

4.0 3 years ago

Comments: TaxAct makes tax time much easier for me to file taxes on my own.

Pros:

Data can be pulled from previous years, making it quick and easy to enter information that has stayed the same.

Cons:

Questions can get redundant that have to be answered multiple times. There are features I do not take advantage of, but the cost seems like it could have a lower option.

Tanya
Owner in US
Accounting Software, Self Employed
Used the Software for: 2+ years
Reviewer Source

Good tax software

5.0 5 years ago

Comments: I use this for my personal businesses and have been very happy. Switched a few years ago and wouldn't go back.

Pros:

I like the cost compared to Turbo Tax and the results come out exactly the same when comparing the two options.

Cons:

Customer support could be better and sometimes finding information on the tax items is hard to find.

Susan
Graphic Artist in US
Graphic Design Software, 2–10 Employees
Used the Software for: 2+ years
Reviewer Source

Easy to Use What More Can You Ask For

5.0 5 years ago

Comments: Tackling that year-end chore of filing my taxes is almost palatable with TaxAct Business.

Pros:

TaxAct Business takes the headaches out of filing taxes... well almost. Let's face it, you still have to file them :( After you have your final numbers, it's just plug and play. Electronic filing is a breeze.

Cons:

I discovered that my taxes did not get filed a couple of years ago. I have to confess that it might have been totally my error but just be sure you get the confirmation email that your returns have been accepted.

Verified Reviewer
Verified LinkedIn User
Apparel & Fashion, Self Employed
Used the Software for: 2+ years
Reviewer Source

Alternatives Considered:

I love TaxAct Business, great pricing.

5.0 5 years ago

Pros:

What I like most about TaxAct Business are the prices and the ability to do taxes at home. Also being able to go back and see previous years, and get help from a tax professional.

Cons:

Well unlike some other tax software, it's not as automated and colorful.

Lisa
owner/maker in US
Arts & Crafts, Self Employed
Used the Software for: 2+ years
Reviewer Source

Easy tax solution

5.0 5 years ago

Pros:

-super easy to use -all terms are defined in simple explanations so anyone can understand -it's easy to go back to any page and edit previous entries -you are prompted to answer yes/no to tons of questions so you don't miss out on any deductions -you can file your state and federal taxes right there at the website -you can save your progress and come back at a later time

Cons:

there's nothing I don't like about taxact! It makes doing my taxes super simple

geradi
na in US
Verified LinkedIn User
Accounting Software, Self Employed
Used the Software for: 2+ years
Reviewer Source
Source: GetApp

taxyuser

5.0 3 years ago

Comments: Overall its a very useful tool. when using i feel comfortable amount receiving a maximum refund. offers tools to help you achieve desired results.

Pros:

its ease of use, can perform practically every calculation relating to tax filing. it offers explanations for various forms if needed. It offers a free federal option for filers, which pends on the difficulty of your filing situation.

Cons:

can't think of any cons at the moment. Although not needed, there is no refund advance, you have to wait to receive from the government. Of course, the more complex your tax filing is, the more you are charged for filing. I guess that's with most tax software.