TaxAct®, a leading provider of tax preparation software for individuals and businesses, has officially announced the launch of a new product suite, which is designed to enhance your tax filing experience.
According to certain reports, this the stated suite will achieve on the back of a streamlined processes across the board. More on that would reveal how individual and joint filers can now expect to enjoy a simplified 1099 filing process. This translates to how they can import from a provider or manually enter their information, with an easier review process now in place to begin filing their return.
Not just that, they can also access what would be a stress-free state filing process. We get to say so because TaxAct has now consolidated the given experience by reusing information from the federal return when filing a state return.
Turning our attention towards business filers, they stand to gain, like their individual counterparts, better data import capabilities with automatic pre-population of tax returns for returning users, thus reducing time and effort.
Next up, the business filers will be provided meaningful Schedule B enhancements. The enhancements in question include simplified plain-language guidance to make completing Schedule B easier and more intuitive. Then, there is in play dedicated support for Federal Income and Deductions. Thanks to that, users can improve upon the sequencing of filing sections for improved understanding among Form 1065 and 1120-S filers.
Another detail worth a mention here is rooted in the availability of expanded payment options, options that now cover platforms like PayPal to provide greater flexibility in payment methods. Joining that would be an audit defense facility. The stated facility includes optional professional assistance for audits so to offer peace of mind for small business customers filing Forms 1065, 1120 or 1120-S.
Rounding up highlights would be suite’s digital signature feature, which ensures streamlined digital signing process to eliminate the need for physical paperwork.
“Tax season often feels overwhelming, with filers navigating forms, deadlines, and the fear of errors,” said Bastien Martini, Chief Product & Marketing Officer, TaxAct. “At TaxAct, we’re committed to eliminating that stress. Our enhanced tools and expert support options ensure our customers can file their taxes with confidence. No one looks forward to doing their taxes, but TaxAct is committed to building solutions that help customers get them over with, more easily than ever before, no matter how complex their return.”
Markedly enough, TaxAct also took this opportunity to launch expanded options for its Xpert Assist service, all for an overarching purpose of meeting the unique needs put forth by both consumer and business filers, with more options to become available throughout the 2024 tax season.
Talk about these expanded options on a slightly deeper level, they begin from how TaxAct’s Xpert Assist tool now offers a wider range of live, one-on-one expert support options, helping every filer access personalized assistance when they need it most. All in all, such options can tread up a long distance to generate flexibility and confidence for filers, no matter the complexity of their tax situation.
Complementing that would be the access to 100% fully credentialed tax experts. To expand upon this, we ought to mention how TaxAct only employs credentialed tax experts, meaning consumers can feel confident that the tax pro answering their questions is a genuine expert.
Beyond that, we must also touch upon the introduction of Xpress Connect, which features a focused 20-minute session, packaged with the presence of a credentialed tax professional for quick questions or concerns. Users can also exercise an option to upgrade to Unlimited Access for comprehensive support and pre-submission reviews.
Hold on, we still have a few bits left to unpack, considering we still haven’t gotten to how the stated expansion also brings more ways for you to connect. Hence, you can now connect with experts via phone call or chat, and therefore, get the help you want, the way you want it.
From here onwards, Xpert Assist will even become available for business filers, allowing TaxAct Business customers filing forms 1065 or 1120-S to now add Xpert Assist Unlimited Access for dedicated live support.
