TaxAct is an American tax preparation software company that provides a comprehensive solution for individuals and small businesses to file their taxes electronically. The company was founded in 1998 and has since grown to become one of the largest online tax preparation service providers in the US. TaxAct offers a range of tax preparation solutions, from basic to premium, to meet the needs of a diverse range of customers. The company’s software is user-friendly and guides customers through the tax preparation process step by step, making it easy for users to file their taxes quickly and accurately.

One of the key features of TaxAct is its ability to import data from other sources, including W-2s and bank statements, to make the tax preparation process even more streamlined. TaxAct also offers helpful tax calculators and tools to help users estimate their tax liability and ensure they are taking advantage of all eligible tax deductions and credits.

Another key feature of TaxAct is its audit support. The company provides free audit support to its users and helps them prepare for an audit, if necessary. TaxAct’s audit support includes access to a team of tax professionals who can assist users with any questions they may have and provide guidance on how to respond to an audit.

TaxAct also offers a variety of tax preparation solutions for small businesses. The company’s business tax solutions include features such as self-employment tax calculation, depreciation, and tax planning. Additionally, TaxAct offers a range of tools and resources for small business owners to help them understand their tax obligations and make informed tax decisions.

TaxAct’s website also features a comprehensive tax library that provides users with access to a wealth of tax-related information and resources. The library includes articles on tax planning, tax law changes, and other tax-related topics. TaxAct also offers a tax help center where users can find answers to their tax questions, as well as a community forum where they can connect with other tax filers and get advice on their tax-related questions.

One of the key benefits of using TaxAct is its affordability. The company offers a range of tax preparation solutions at competitive prices, making it a cost-effective alternative to hiring a professional tax preparer or using more expensive tax preparation software. Additionally, TaxAct offers a satisfaction guarantee, which means that users can get their money back if they are not completely satisfied with the software.

In conclusion, TaxAct is a comprehensive, user-friendly tax preparation software solution that provides individuals and small businesses with a range of tax preparation tools and resources. The company’s software is easy to use, and its audit support, tax calculators, and small business tax solutions make it a valuable resource for anyone looking to file their taxes quickly, accurately, and affordably.