As a business owner, tax season can be a stressful time. You have to worry about keeping up with your accounting and taxes and making sure that everything is filed correctly and on time. Wouldn’t it be nice if there were an easy way to make this as hassle-free as possible? To achieve this, many business owners turn to tax software. There are different types of tax software in the market today, depending on your needs. The following are the best options for 2021.
1. Turbo Tax
Turbo Tax is the most popular tax software used by small businesses. It not only helps you file taxes, but also provides tools to help you prepare for next year’s taxes as well. You can start your return online immediately and even import last year’s tax return from other software to save time. You can also download the Turbo Tax mobile app, which makes it easy for you to complete your tax forms on all of your devices.
Turbo Tax provides a simple and intuitive interface that allows users both entry-level and experienced with no problem completing their taxes in just one sitting. It will guide you every step of the way, so there is no confusion or room for error when filing your taxes online. Best of all, if something goes wrong during the process, TurboTax offers free live support via chat 24/seven 365 days per year! This type of service has helped make them number one among small businesses across America and beyond.
2. TaxAct
TaxAct is another popular tax software option. It has been around since 2002 and currently serves more than three million customers a year across the world.
With Tax Act, you will have access to a detailed interview that asks questions specific to your business needs to provide accurate calculations on your taxes refund and deductions. Once complete, they allow users to e-file their return directly through their website with no additional fees or hidden costs, unlike some of its competitors, such as TurboTax. They also offer free federal filing options, making it one of the most cost-effective services available today!
TaxAct offers many different types of tax returns, including sole proprietorships, C corporations; S corporations; LLCs; partnerships; estates, and trusts. You can even get access to specialty tax forms for qualified professionals such as attorneys, certified public accountants (CPAs), enrolled agents, and others.
TaxAct also provides 24/seven live customer support via phone or email to help you with your return in case of any issues or questions that may arise while filing taxes online. This service has helped make them be the preferred choice for many Americans today.
3. H&R Block
Another popular tax software choice is H&R Block. They have been around since 1955 and currently serve more than 12 million customers a year across America and globally. This software has been used to file over 600 million income tax returns in the United States alone since they began.
H&R Block has several different options available when it comes to filing your taxes online, including Free, Deluxe, Premium, and Self-Employed.
The free option is perfect for individuals or couples with no dependents or children looking for straightforward online forms that will help them easily calculate their refund amounts based on information provided by taxpayers from the previous year. Their deluxe software offers additional features such as automated calculations that help users avoid errors while maximizing deductions and credits at an affordable price per return compared to other services. The premium option is designed more for business owners who want added benefits such as multi-user access, unlimited phone and email support, and the ability to import data from Quickbooks directly.
Their self-employed option is perfect for freelancers or small business owners who want added features such as depreciation assistance, expense tracking capabilities, and more. It also includes all of the benefits of their premium software plan at a discounted price, making it one of the most popular choices among entrepreneurs today!
4. Credit Karma Tax
Credit Karma Tax is a relatively new tax software company gaining significant attention over the past few years. They specialize in providing free federal and state filing options to taxpayers, making it one of the most popular choices for freelancers and self-employed individuals across America!
Like its competitors, Credit Karma Tax offers both an online interview as well as direct import capabilities so users can file their taxes without any fuss or heavy lifting. It also allows customers up to five returns which helps make it more cost-effective than some other services such as TurboTax. Their customer service is one of a kind as well as it offers 24/seven live chat and email support to answer any questions that may arise quickly.
5. TaxSlayer
TaxSlayer is another tax software company that has been around for many years and specializes in providing free federal filing options to individuals or couples with no dependents or children.
Their online interview process makes it easy to file your taxes quickly and efficiently. At the same time, their mobile app allows customers to manage all of their essential documents on the go, which can be a lifesaver when you need access during an audit!
They also offer phone and email support seven days per week, so they’ll have live customer service agents available right away if any issues arise. One thing people really like about TaxSlayer is how affordable it is compared to some other services.
6. Jackson Hewitt
This software was developed in 1984 and has been helping people file their taxes safely since then. Jackson Hewitt is known as one of America’s most trusted tax services due in part to their experienced staff members that are available at all times during tax season. Their software can help save you money on both federal and state returns.
It does this by offering free consultations plus access to mobile apps, phone support, email assistance, and even direct import capabilities. Hence, users have everything they need right at their fingertips! This service also allows unlimited refunds for added peace of mind knowing your hard-earned money will be back in no time.