What are the best alternatives to TurboTax for smaller companies?
The 10 competitors and alternatives to TurboTax for small businesses include: DocHub, TaxAct, TaxSlayer, FreeTaxUSA, Jackson Hewitt. See below for additional information on the most popular TurboTax alternatives competitors for small businesses.
In-depth information on the most popular TurboTax alternatives and competitors for small businesses.
DocHub
DocHub is an all-in-one solution that fits like a glove for the needs of today's businesses, from document editing and sharing to security and compliance. Whether you're a local business or a multinational corporation, DocHub’s features aim to keep your document processes flowing as smoothly as silk without breaking the bank.
Key feature
- Drag-and-drop interface: Users can intuitively arrange pages, add fillable fields and document elements, and move them around within documents, making the process of creating professional-looking files easier and more efficient.
- Folder management: For small businesses looking to maintain an easy-to-navigate workspace, DocHub allows for grouping documents, sign requests, or templates into folders, simplifying content organization.
- Ability to create separate organizations: With DocHub, users have the flexibility to create separate organizations within their accounts while facilitating better organization and ensuring various projects remain coordinated.
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TaxAct
TaxAct is a reliable tax preparation software designed specifically for small businesses, offering key features to streamline the tax filing process.
Key feature
- 1. Affordable Pricing: TaxAct offers affordable pricing plans suitable for small businesses of all sizes, making it a budget-friendly choice for tax preparation needs.
- 2. Comprehensive Tax Forms: TaxAct provides a wide range of tax forms and schedules, ensuring small businesses have access to the necessary forms to accurately report their income and deductions.
- 3. Data Import and Integration: TaxAct allows for easy data import and integration from accounting software and other platforms, reducing manual data entry and saving time for small business owners.
TaxSlayer
TaxSlayer is an intuitive tax preparation software ideal for small businesses, offering key features to simplify the tax filing process.
Key feature
- 1. DIY Tax Preparation: TaxSlayer is designed with a user-friendly interface, allowing small business owners to easily navigate and prepare their own taxes without the need for professional assistance.
- 2. Maximum Refund Guarantee: TaxSlayer offers a maximum refund guarantee, ensuring that small businesses receive the highest possible refund based on their eligible deductions and credits.
- 3. E-file and Direct Deposit: TaxSlayer provides the option to electronically file (e-file) tax returns and receive refunds via direct deposit, making the entire process faster and more convenient for small business owners.
FreeTaxUSA
FreeTaxUSA is a reliable and affordable tax preparation software for small businesses, offering key features to simplify the tax filing process at no cost or minimal charges.
Key feature
- 1. Free Federal Tax Filing: FreeTaxUSA allows small businesses to file their federal taxes for free, saving money on tax preparation expenses without compromising on accuracy or service quality.
- 2. Affordable State Tax Filing: With FreeTaxUSA, small businesses can file their state taxes at a low cost, providing a cost-effective solution for meeting their tax obligations at both federal and state levels.
- 3. Comprehensive Deduction Finder: FreeTaxUSA includes a comprehensive deduction finder tool, helping small business owners identify potential deductions they may have missed, thereby maximizing their tax savings.
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DocHub makes it easy to edit, sign and share documents
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Jackson Hewitt
Jackson Hewitt is a reputable tax preparation software trusted by small businesses, offering key features to ensure accurate and hassle-free tax filing.
Key feature
- 1. In-Person Assistance: Jackson Hewitt provides the option for small businesses to receive in-person assistance from tax professionals at their local offices, ensuring personalized support and guidance throughout the tax filing process.
- 2. Worry-Free Audit Support: Small businesses using Jackson Hewitt can rest assured with their worry-free audit support. In case of an audit, they provide expert assistance and representation.
- 3. Accuracy Guarantee: Jackson Hewitt guarantees the accuracy of the tax returns filed through their software. If there is any calculation error, they will reimburse any resulting penalties or interest.
Note: Some of these free alternatives may have limitations in their free versions or offer premium features at a cost.
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Evaluate the three top-rated alternative solutions to TurboTax from above and come to know why they are so great for small companies.
DocHub
DocHub provides an array of features encompassing document editing, online signing, cloud-based integrations, and robust security measures. It functions as a versatile digital solution that fosters business growth strategies. DocHub ensures that operations run smoothly and efficiently, no matter the complexity of your workflows.
Key features
- Multiple signers: DocHub accommodates multiple signers in a document, facilitating collaboration and speeding up the approval process, which is particularly useful for small businesses that require input from various stakeholders.
- Document creation: DocHub offers an extensive toolset that allows users to effortlessly create professional-looking and optimized documents from scratch.
- Robust features included at no cost: Startups or businesses with tight budgets can benefit from the free version of DocHub, including essential yet powerful features for setting up streamlined document management.
TaxAct
TaxAct stands out with its affordability, powerful tax preparation features, and robust tax planning tools, making it an excellent choice for small businesses looking for a budget-friendly tax solution.
Key features
- Affordability: TaxAct offers competitive pricing options that are particularly appealing to small business owners with limited budgets. It provides value for money without compromising on important tax preparation features.
- Powerful Tax Preparation Features: TaxAct provides a comprehensive set of tax preparation features that cater to the needs of small business owners. From handling complex deductions to generating accurate tax forms, TaxAct ensures a smooth tax filing process.
- Robust Tax Planning Tools: TaxAct offers advanced tax planning tools that allow small business owners to estimate their tax liabilities, plan for tax savings, and make informed financial decisions. These tools help optimize tax outcomes for small businesses.
TaxSlayer
TaxSlayer offers a streamlined and cost-effective tax preparation solution with excellent customer support, making it an ideal choice for small businesses seeking simplicity and reliable assistance.
Key features
- Streamlined Tax Preparation: TaxSlayer simplifies the tax preparation process with a user-friendly interface and step-by-step guidance, making it easy for small business owners to navigate and complete their taxes accurately.
- Cost-effectiveness: TaxSlayer provides affordable pricing plans tailored to the needs of small business owners. It offers competitive rates while delivering the necessary tools and features required for small business tax filing.
- Excellent Customer Support: TaxSlayer offers responsive and knowledgeable customer support to assist small business owners throughout their tax preparation journey. Their support team is readily available to address any queries or concerns.
Overall, these alternatives offer a great combination of features, usability, and affordability, making them suitable for small businesses that need to create, edit, and manage PDFs efficiently without breaking the bank.