Accuracy in the filing of tax returns is the most important agenda of every business. Whether you run a small enterprise or a mammoth the accuracy guarantee in terms of tax is an ethical requirement. According to the national society of Accountant, the average cost of preparing tax do range from  $184  annually for a schedule C to $ 825 for a corporation.

It is a huge sake of responsibility and risk of covering the entire tax and filing it due to reported time. Professionals play an important role in making your tax core easy. They make your taxes in hand however think about the annual cost you need to pay to the professional? Saving that equivalent and investing it into the business will count your digits more.

WHO WILL DO THE JOB OF TAX PREPARER?

Indeed you can prepare tax and file it safely with all the necessary form fill-ups according to the rule and regulation of the tax institution. All you need to have tax software – with ease of use and accuracy guarantees and maximum refunds. There are various software based on your business type.

What KIND OF TAX SOFTWARE WILL BE GOOD FOR PARTNERSHIPS AND CORPORATION?

Tax Act is considered an accurate option for completing tax filing for partnerships and corporations. It is an entirely online mode. It provides you a wide platform for a partnership or S- Corporation compatible with PC or Mac online thereby making it a marked choice for partnership and corporations. It is counted in the list of online and downloadable tax software providers completing over 60 million tax returns.

It has an additional charge for the business owners filling online. It involves the sole proprietors filing with a schedule C, partnerships requiring form 1065, corporation supporting form 1120, or Form the 1120S. The download version restricted to windows is available at 109.95 dollars with a lower state charge.

WHAT ARE THE PROS AND CONS OF TAXACT?

Pros :

  • It is completely online with federal and state taxation for partnership, C- corporations, and S-corporations.
  • There is unlimited assistance from tax specialists and technical support by phone and email.
  • You have the choice between online and download versions.
  • There is the availability of discounts for bundling personal and business taxes.

Cons :

  • There is limited audit support.
  • The state forms may not be available for filing electronically.
  • The downloaded version is applicable for windows only.

Although the online experience of the TaxAct is not quite satisfactory compared to other tax software in the market. However, it is committed to easing of use and navigates. If you need assistance at any point you have got technical support available at any time and at any step you ask for. Customer service is also validated through email. TaxAct guarantees accuracy with the tax making and maximum remuneration without any audit support. If you require assistance from a third party, pay an extra charge to access. Tax Act is a great option of tax software for professionals and to those who aspire to be.