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.
Categories & Use Cases
Technical Details
| Deployment Types | On-Premise, SaaS |
|---|---|
| Operating Systems | Windows, Mac |
| Mobile Application | No |