Filing federal and state tax returns online can be challenging and overwhelming for employers. Since the process needs to be seamless and fast, employers are looking for effective tax filing solutions. Luckily, there are tax software programs out there to simplify filing tax returns. However, identifying a suitable online tax software continues to be a challenge for employers looking for the best tax software for small businesses or large enterprises. That is why we went out of our way to conduct research and recommend the best tax software for 2024 below.

Before choosing a tax software company to file your taxes online, ensure they meet your organizational needs. These include ease of use, affordability, ability to identify credits and deductions, customer service, to name a few. Therefore, whether you have little knowledge about tax filing or have limited time to manage the process, simply identify suitable software from the below top tax software companies that will help you accurately do your taxes.

List of Top 5 Tax Software Companies of 2024:

1. Turbotax

Turbotax is an Intuit personal tax assist tool that includes multiple plans depending on an individual’s needs. By making an account with Turbotax, a taxpayer also gains access to other Inuit applications such as Mint and Quickbooks with the same user ID and password. The Intuit applications all connect, which ensures that all of your information updates across the three platforms.

2. Paycor

Paycor is an HR management system that encompasses all the crucial details about an employee in an organized, simple display. Paycor not only contains basic payroll, tax compliance, and attendance information, but it also includes tools to help recruit and maintain talented staff and helps form a business community within your company.

3. Paycheck City

Paycheck City is a trusted payroll resource that has been developed by the passionate Tom Reahard in 1995. The founder of this software began his journey creating systems for massive companies such as Macintosh and Fortune 500 companies. However, he still felt it necessary to cater to the needs of small businesses that needed affordable and efficient solutions.

4. Quickbooks Payroll

There is no need for small businesses to incur high costs to hire accounting executives. Instead, software solutions can help businesses save money and achieve greater efficiency. QuickBooks is a platform from Intuit that provides accounting software for small businesses. With QuickBooks, small businesses can prepare for their tax returns, by fully eliminating the need for manual processes.

5. Paychex

Keeping it simple is what Paychex offers business owners and HR managers who are seeking payroll solutions and integrated human capital management. This company was founded in 1971 and has grown its workforce to at least 14,000 employees. As a leader in the field, Paychex Inc provides solutions for benefits, payroll, human resources, and insurance services. Their platform offers excellent mobility and stands out for being an innovative software-as-a-service technology.

If you think we haven’t mentioned the right companies, please feel free to contact us to add more best online tax software companies to our list.