TaxAct Software: Features, Pricing, Benefits, and More

Executive Summary

• TaxAct software offers pricing up to 30% lower than competitors, with packages ranging from free to $99.99 for federal filing[1][2].
• State filing costs an additional $39.99–$59.99 depending on the package selected[1][2].
• 99.99% uptime guarantee when using cloud-hosted TaxAct software for anytime, anywhere access.
• Purpose-built features for tax professionals including donation valuation tools and deduction maximizers.

What is TaxAct Software?

TaxAct software is a leading tax preparation solution provider offering comprehensive tools designed for both individual taxpayers and tax professionals. The platform streamlines and automates tax return preparation and e-filing processes, making them more efficient and accurate.

For tax professionals, TaxAct software provides specialized tools that simplify complex tax calculations and ensure compliance with current tax regulations. Its intuitive design makes it accessible for users with varying levels of tax expertise.

TaxAct Software Features

User-Friendly Interface

TaxAct software features an intuitive interface that guides users through the tax preparation process step by step. Built-in tips, FAQs, and a searchable knowledge base enhance the user experience.

Data Import Capabilities

TaxAct software can import previous tax returns from platforms like TurboTax. This functionality streamlines data entry, reduces errors, and saves time—especially for users switching tax software.

Donation Assistant

Included in select TaxAct software packages, the Donation Assistant calculates fair market values for charitable contributions to help maximize deductions.

Platform Flexibility

Whether desktop or online, TaxAct software offers flexible access. With cloud hosting, tax professionals can run the desktop version remotely and securely.

Support and Guidance

From one-on-one tax assistance to a robust support knowledge base, TaxAct software offers resources for users at every skill level.

Maximum Refund and Accuracy Guarantees

TaxAct software backs users with a maximum refund and $100k accuracy guarantee, giving users peace of mind during tax season.

Deduction Maximizer

This proprietary feature of TaxAct software identifies overlooked deductions, increasing refund potential for complex or itemized filers.

TaxAct Software Pricing (2025)

TaxAct offers various packages tailored to different tax situations and needs. The pricing structure for 2025 includes:

Individual Filing Options

It’s worth noting that TaxAct frequently offers promotional pricing throughout the tax season. For example, AAA members can receive a 25% discount on both federal and state tax filings for consumer and business tax products[1].

Business Filing Options

• Sole Proprietor
• Partnership
• C Corporation
• S Corporation
• Tax-Exempt Organizations
• Estates and Trusts

Why Choose TaxAct?

Cost-Effective Solution

TaxAct software is up to 30% more affordable than TurboTax or H&R Block, making it ideal for budget-conscious taxpayers and small firms.

Accuracy Guarantee

The $100k accuracy guarantee reflects TaxAct software‘s commitment to precision and audit-ready returns.

Easy Data Transfer

The ability to import from other platforms gives TaxAct software an onboarding edge.

Enhanced Deduction Discovery

TaxAct software‘s Deduction Maximizer uncovers savings that less robust software might overlook.

Customized Tax Planning

Advanced users can leverage TaxAct software for scenario planning and year-round strategies.

Why Host TaxAct Software with Verito?

When it comes to hosting TaxAct software, not all providers offer the same level of performance, security, or industry knowledge. That’s where Verito Technologies stands out.

Verito specializes in cloud hosting for tax and accounting software, delivering a seamless experience designed specifically for professionals who rely on uninterrupted software access and airtight data protection—especially during peak filing season.

Trusted Hosting. Proven Performance.

With 99.999% uptime, automated daily backups, and 24/7 U.S.-based support, Verito helps tax professionals eliminate IT headaches and stay focused on serving clients. Verito’s isolated server architecture, known as VeritSpace, reduces the risk of cross-client data exposure—a major advantage over shared hosting environments.

Built for Tax & Accounting Workflows

Unlike generic hosting companies, Verito understands the nuances of tax workflows. Their infrastructure is tailored to support core software like TaxAct, with built-in optimization for:

• High-speed remote access

• Multi-user collaboration across firms

• IRS compliance support (including Publication 4557, FTC Safeguards Rule, and SOC 2 alignment)

• Encrypted data handling (in transit and at rest)

Security That Meets Regulatory Demands

With VeritGuard, Verito’s proprietary security layer, your TaxAct software is protected by:

• 24/7 threat monitoring

• Patch management and OS hardening

• Physical and network-level security

• Enforced two-factor authentication (2FA)

These safeguards support compliance with the IRS’s updated e-file requirements and ensure your firm remains audit-ready.

Real Customer Success

Tax professionals nationwide have chosen Verito to host their TaxAct software because it just works—securely. In fact, Susan Graves of Susan Graves CPA Tax & Accounting shared:

“Verito has completely changed how & where I can work. My team can log in from anywhere without worrying about servers, firewalls, or updates. It’s just smooth.”

Enhancing TaxAct with Cloud Hosting

While TaxAct software is powerful on its own, tax professionals can significantly enhance its capabilities by leveraging cloud hosting solutions. Cloud hosting for TaxAct provides several key benefits:

Anytime, Anywhere Access

Cloud hosting transforms TaxAct from a location-specific application to an accessible solution available from any internet-connected device. This flexibility is particularly valuable during tax season when professionals may need to work from multiple locations or outside regular office hours.

Enhanced Collaboration

Cloud-hosted TaxAct enables multiple team members to access the same data simultaneously, improving collaboration and workflow efficiency. This feature is especially beneficial for tax firms with multiple preparers working on different aspects of client returns.

Automatic Backups and Data Security

Cloud hosting providers typically offer automatic backup services, ensuring that tax data is regularly saved and protected against local hardware failures. Additionally, reputable hosting providers implement robust security measures to protect sensitive financial information.

Scalability

During tax season, when resource demands increase, cloud hosting allows for easy scaling of computing resources to maintain optimal performance. This scalability ensures that TaxAct continues to run smoothly even during peak usage periods.

Reduced IT Burden

Cloud hosting shifts the responsibility for software maintenance, updates, and infrastructure management to the hosting provider, allowing tax professionals to focus on their core business rather than IT concerns.

Verito Technologies specializes in cloud hosting solutions for tax software, including TaxAct. Their hosting services provide a secure, reliable environment with 99.99% uptime guarantees, ensuring that tax professionals have uninterrupted access to their TaxAct software, especially during critical tax filing periods.

Frequently Asked Questions About TaxAct

Is TaxAct free?

TaxAct offers a free version for qualifying users (ages 20-59 with AGI under $84,000), but most users will need to purchase a package based on their specific tax situation. State filing typically incurs an additional fee even with the free federal version[1][2].

Who sells TaxAct software?

TaxAct software is developed and sold by TaxAct, Inc., the parent company that owns and distributes various tax preparation solutions.

How can I download TaxAct software?

TaxAct software can be downloaded directly from the official TaxAct website after purchasing the appropriate package.

Is TaxAct the same as TurboTax?

No, TaxAct and TurboTax are separate tax preparation software products from different companies. While they serve similar purposes, they have different features, interfaces, and pricing structures. It’s advisable to compare both options based on your specific needs before making a decision.

How much is TaxAct software?

TaxAct pricing varies based on the package selected, ranging from free to $99.99 for federal filing, with additional costs for state filing and premium features. Cloud hosting solutions would incur separate fees based on the hosting provider’s pricing structure[1][2].

Conclusion

TaxAct offers a comprehensive, cost-effective solution for tax preparation needs, with features designed to simplify the process for both individuals and tax professionals. Its user-friendly interface, data import capabilities, and specialized tools like the Donation Assistant and Deduction Maximizer make it a competitive option in the tax software market.

For tax professionals seeking to enhance their efficiency and accessibility, cloud hosting solutions for TaxAct provide additional benefits, including anytime, anywhere access, improved collaboration, automatic backups, and reduced IT management burden.

When evaluating tax preparation software options, consider your specific needs, budget constraints, and the complexity of your tax situation to determine if TaxAct is the right solution for you or your tax practice.

Citations

[1] https://www.kiplinger.com/taxes/tax-software/taxact-review-pricing-features-how-to-use

[2] https://www.bankrate.com/taxes/taxact-review-2025-tax-year-2024/

[3] https://www.nerdwallet.com/p/reviews/taxes/taxact