We’ll cover TaxSlayer’s unique benefits soon but call out here that the Classic package is a low-cost option, just $19.95 for federal filing to be exact, that can work for any tax situation. For its value and usability, TaxSlayer stands out. TaxSlayer also offers free service to active military members. You can pay for more support if needed, even audit assistance for three years. This cloud-based provider offers a number of solid features and is easy to use, not to mention cheaper than both TaxAct and TurboTax. TaxSlayer has its roots in a family tax preparation business and was founded even earlier than TurboTax in 1965. It gives users guidance all the way through, making it ideal for beginners and those with trickier returns. Overall, TurboTax is one of the most comprehensive DIY tax preparation programs.
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TurboTax is owned by Intuit which also owns QuickBooks, credit monitoring service CreditKarma, and budgeting and personal finance software Mint.
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Now, users can choose from software downloads, online plans, and full service preparation. The first TurboTax product was software available on floppy disks. TurboTax is one of the oldest DIY tax software programs on the market, around since 1984.
It is a good choice for users who are comfortable with preparing their own taxes with minimal guidance. TaxAct offers good value to users but less handholding than some other services. State returns, though, are pretty pricey. It doesn’t offer all of the bells and whistles that some other tax preparation programs offer, but it is a very affordable option for filing federal returns. TaxAct has been around since 1998 and positions itself as a low-cost alternative to other tax preparation software. Find out which of these, if any, may be right for you. All three offer features for taxpayers looking to do their own taxes online as well as varying levels of professional support and features. TaxAct ®, TurboTax ®, and TaxSlayer ® are three of the leading online tax preparation services. There’s no “right” way – it’s a matter of preference. When it comes to doing your taxes, you can file your returns yourself, hire a tax preparer to do them for you, or pay for an assisted service that falls somewhere in the middle. We may receive compensation when you click on links to those products or services This article/post contains references to products or services from one or more of our advertisers or partners.
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