Do you need business tax software for your company, but aren’t sure which service is right for you? There are more options than ever, and it’s important to make sure you pick the best fit for your specific business.
In this comparison guide, you’ll find an overview of 3 of the most popular options in the industry. They vary in pricing, features, customer feedback and more, so depending on your preferences you may prefer one of these options over the others.
If you’d like to learn more about any of these programs, simply click on the links below to check out our individual product reviews. Enjoy!
TurboTax Business has been around since the mid-1980s, and they have significant brand power as a leading business tax software. Let’s see why they’re such a popular option, and also our top pick.
Finally, TurboTax Business gets excellent customer reviews that are the best we’ve seen in the industry. We’re big fans of everything TurboTax has to offer for entrepreneurs, except for the price tag. The other options in this guide are both cheaper, so let’s find out if it’s worth it to you to sacrifice some features to save money.
H&R Block has been one of the giants of the tax preparation industry since they opened back in 1955, and their Premium & Business tax software is a great option for entrepreneurs.
To be honest, we came very close to putting H&R Block Premium & Business in the top spot in this guide, so let’s discuss how it compares to TurboTax Business.
Customer reviews, however, are not really a strong point for H&R Block Premium & Business. They do have quite a few satisfied customers, but also plenty of unhappy customers who complain about the software being glitchy or difficult to use.
Overall, H&R Block Premium & Business does a lot of things right and depending on your preferences it’s absolutely worth considering.
TaxAct Business is a more recent addition to the business tax software industry, as they opened in 1998. They’re known as a budget-friendly option, so let’s see if they live up to their reputation when compared to TurboTax and H&R Block.
For the most part, customer reviews are not a strength for TaxAct Business as their feedback is mixed in nature. However, they do offer a 100% satisfaction guarantee that helps restore any confidence you might have lost with their so-so customer reviews.
All told, TaxAct Business is a good option for entrepreneurs looking to save some cash while still getting professional tax assistance.
Any of these business tax software products can save you a considerable amount of money over hiring an accountant or tax attorney. If you want to get your taxes done right without breaking the bank, these are good options.
On the other end of the spectrum, these software solutions all save you a good amount of time and energy compared to filing your own business taxes. No one wants to spend all those hours filling out tax forms when you could be focusing on continuing to grow your business!
By no means should you consider these services to be a substitute for an accountant. There’s a big difference between using business tax software and having a licensed professional comb through the details of your company finances.
These 3 business tax software solutions are all capable of helping you prepare and file your company’s taxes. Our overall preference is TurboTax Business, although both H&R Block Premium & Business and TaxAct Business are great products as well. Just be sure to know what you need and are willing to pay.
Remember that if you would like to review further details of any of these options, simply head on over to our full reviews above for more information.