TaxAct Business review

TaxAct Business is online tax-filing software for businesses, with optional help from credentialed tax experts. TaxAct also describes filing options for sole proprietors, freelancers and gig workers, so the product range is broader than business returns alone. Its guided tools walk users through preparing a return, and its mobile features let them photograph tax documents and check filing progress. Users can also pay a credentialed tax expert to handle filing, though the price for that service is not published on the vendor's site.

The clearest business-specific price listed is $109.99 for a federal return under Sole Proprietor (TaxAct Business Online). That is a one-time federal filing price, not a monthly software subscription. TaxAct lists separate online options for simple returns and other individual filing needs; those prices should not be treated as the price of every business return.

For a sole proprietor who wants to file online, the starting price is clear: $109.99 for the federal return. The guided preparation tools can help users work through filing step by step, while optional expert assistance gives them a route to help without immediately handing over the entire return. TaxAct lists Xpert Assist at $45 on its online Free, Deluxe, Premier and Self-Employed plans. The published pricing does not list that add-on for the Sole Proprietor Business plan, so check which product it applies to before budgeting for help.

Other practical features include mobile document capture and filing-progress checks. TaxAct also says it will refund the user and pay up to $100,000 if its software is wrong. That is a stated accuracy guarantee, not a reason to assume every return is simple or that expert review is included.

• Sole proprietors: $109.99 for a federal return.
• Taxpayers who want a more hands-on option: credentialed tax experts can assist or file for them; tax-pro filing prices are not published.
• Users filing state returns: the state filing price is not published, so the federal price is not the full quoted cost.

The headline federal price leaves important costs unresolved. State return filing is not priced in the published details, and the $45 Xpert Assist add-on is listed for the Free, Deluxe, Premier and Self-Employed plans—not the Sole Proprietor Business plan. TaxAct does not publish monthly or annual rates, seat limits or usage limits for the Sole Proprietor plan. This is tax-preparation software priced per federal return, so subscription comparisons are not especially useful; compare the total return cost instead.

The bigger question is whether a do-it-yourself filing is appropriate for a complex business. In one Reddit thread about a C corporation return, commenters advised caution for people without tax experience. Another commenter said TaxAct appeared to be among the few options for Form 1120, but the thread does not establish that the software handles every C-corp situation or report a filing outcome. We would consider TaxAct for a straightforward sole proprietor return, but verify the applicable form, state fee and available expert help before relying on it for a more involved business return.

TaxAct Business Online lists its Sole Proprietor option at $109.99 per federal return. That is a one-time filing price, not a monthly or annual subscription; those rates and seat or usage limits are not published. The state return price is also not published, so the federal price is not your full known cost.

TaxAct Online lists separate personal-return tiers: Free starts at $0, Deluxe at $59.99, Premier at $99.99 and Self-Employed at $109.99 per federal return. The biggest listed step is $40 from Deluxe to Premier; Self-Employed adds another $10. These are not the same plan as TaxAct Business’s Sole Proprietor option, despite the matching $109.99 starting price.

Xpert Assist is listed at $45 for the online tiers that include it. State filing costs extra, but its price is not published. Before choosing, confirm the state fee and whether expert help is included or an add-on for the specific return you need.

Plan for a return-by-return switch, not a confirmed automatic migration. The available TaxAct materials do not publish data-import or export details, so we can’t confirm whether prior returns, business records or supporting documents transfer. Ask TaxAct what you can download and import before changing providers, and keep copies of prior filings and source documents you may need.

The clearest reason to reconsider is price uncertainty: TaxAct lists the Sole Proprietor federal filing at $109.99, but does not publish the state fee. Expert help may also add cost; Xpert Assist is listed at $45 for some online plans, while the Sole Proprietor plan’s help pricing is not specified. These are practical points to check, not reported user complaints. No Reddit posts or comments were included in the published material, so we can’t responsibly say what users there cite as reasons for leaving. If you have a complex corporate return, the product’s stated fit for sole proprietors is another reason to confirm suitability before switching.