Credit Karma is one of the free credit and financial management platforms. All services of Credit Karma are free for users. Revenue from targeted advertising for Financial products that offsets the costs of free products and services. Credit Karma provides free credit scores and credit reports in the United States, Canada and United Kingdom. This software can be a great option for small taxpayers who don’t need expert help in filing their taxes. With its $0 fee and the user-friendly interface, it becomes a good option
TaxSlayer Pro is cloud-based software made for tax preparation. It gives you some useful educational resources, a handy mobile app, and unlimited tax filing. The company allows American consumers and tax professionals to file state and/or federal returns electronically. TaxSlayer also offers business technology products and services for legal, accounting and HR/payroll. This sofware is best for independent professional tax preparers.
Advantages
Disadvantages
Easy to use
ReqExperts are only available on Premium and Self-Employed plans
H&R Block Inc (H&R Block) is a consumer tax services provider. Provides tax return preparation services through professional tax preparers at corporate and franchised retail tax offices. This sfotware is designed for small businesses. It has free option that helps that helps file personal and professional tax returns. There are also paid versions which provides you different features. But the free version is repoted to be serving well.
TurboTax is an income tax preparation tool that will allow you to calculate federal and state taxes on your own. It is designed for small to medium-sized businesses and includes eFiling options. With some features for tax return, you can track your refund and e-file status or make some changes to your tax return and much more, even after paying your taxes.
Advantages
Disadvantages
Report cryptocurrency gains and losses
Live expert assistance plans have additional costs
TaxAct is an online tax filing tool with a step-by-step guidance. It is good for cloud-based & on-premise tax preparation solutions. It is one of the best tax software for small business owners. TaxAct provides four levels of online tax preparation which are Free, Deluxe, Premier and Self-Employed options.
Cash App Taxes is an another option to file taxes for free but it has very limited email customer support and no phone support. It’s best for people who have only W-2 income and a few deductions and credits. What sets this software apart from others, it’s the only tax software provider that offers a completely free tax filing service for federal and state returns.
Advantages
Disadvantages
Completely Free
Limited email customer support and no phone support
The IRS Free File Program is a public-private partnership where you can electronically prepare and file your federal individual income tax return for free . It is an option which offers free tax software to Americans whose AGI is $73,000 or less. There’s no guided assistance. You’ll need to do it by yourself and you can’t make changes once your return is accepted.
FreeTaxUSA is an online tax preparation software that helps small businesses prepare and file tax returns, submit extension requests and more and is an another good option because it offers free filing for people in all tax situations. It has a understandable user interface and navigation system.
E-file.com is a tax preparation software for US taxpayers where they can prepare and file their federal and state forms. Its filing process is simple. Once an account created, you can enter your taxpayer information and E-file will prepare your return. Free option is available for certain taxpayers which allows them to file a tax return free of charge.
The Free File Alliance is a group of tax preparation companies to provide free electronic tax filing services to United States taxpayers and to let them file for their taxes at no cost under the IRS Free File program. The main plus for this software is the reliability.
