Looking for the best tips, tricks, and guides to help you accelerate your business? H&R Block is another well-known competitor that offers comprehensive products, live tax professional assistance, and audit support. The TaxSlayer navigation screen includes a vertical menu bar, which can be hidden. They can use any forms and claim any tax deductions or credits they qualify for. The Compare Deductions feature allows you to view both the standard deduction that you’ve taken along with any current itemized deductions that have been entered. TaxSlayer offers you two ways to enter your income, by using the guided interview process, or by simply locating the forms you need and entering the information there. TaxSlayer guarantees you’ll get the maximum tax refund you qualify for. We discuss the difference in each form and how to fill them out accurately. ©2021 TaxSlayer Pro LLC. Key features. TaxSlayer Self-Employed’s features All TaxSlayer plans include complete tax preparation, printing, and e-filing, as well as free phone and email support. The right product depends on who you are and what you need – but regardless, you want the best. TaxSlayer Plan Simply Free Classic Premium Self-Employed; Ideal For: Simple W-2 and Student Loan Interest (1098) All Tax Situations; All Tax Forms. Taxwise is suitable both for companies with complex taxing processes, mainly multi-branch enterprises, as well as smaller scale companies that need a fast accounting solution that addresses their needs. An authorized IRS e-file provider, the company has been building tax software since 1989. View. TaxSlayer Premium. TaxSlayer offers a full-featured mobile app for both iOS and Android devices. TaxSlayer offers several products, just like how TurboTax has different product tiers with more robust features. Log In. Use the tax refund calculator to find out your refund amount before you file. TaxSlayer Classic $17 (includes one federal and state return; additional states are $36 each) Any tax situation TaxSlayer Premium $37 (includes one federal and state return; additional states are $36 each) Any tax situation, with extra phone and online support TaxSlayer Self-Employed $47 Premium software is best for filers who want to file any forms and take advantage of all tax deductions and credits. TaxSlayer Premium list of features include the following: Data Import/Export, Basic Reports, Online Customer Support, . TaxSlayer cost tops out at $47 for the Self-Employed plan, though you will have to pay an extra $29 for state filing, which is considerably less than the competition. As a sole proprietor, you're responsible for filling out certain forms when you file taxes. With a nod to first time filers, TaxSlayer also includes the Filing Status Wizard, which asks you a series of questions in order to determine what filing status is best for you. TaxSlayer offers four main tax preparation plans: Simply Free, Classic, Premium, and Self-Employed. If you've recently launched a new company and seem to have misplaced your business EIN, here's how to find it. All TaxSlayer plans are online, with no installation or product download needed. Probably not the best fit for the first-time filer, TaxSlayer is better suited for those familiar with the tax preparation process. TaxSlayer offers a free tax preparation option that includes a basic federal return as well as one state return. As of the date this review was published, there’s currently a 25% off discount on your federal tax return. Trying to decide between two popular software options? That’s not the case with the TaxSlayer Premium … Get clear, concise answers to common business and software questions. Accessibility Help. TaxSlayer Premium Edition offers priority support, audit assistance and discounted state filings; TaxSlayer Self-Employed is recommended for anyone who’s self-employed or a freelancer; TaxSlayer also offers its Classic version for free to active-duty military. Forgot account? All of the data contained on the Form W-2 will be captured and automatically filled into the Form W-2 edit menu with the use of any hand-held scanner. You can also ask a tax professional questions as you prepare to file. In addition to the features provided in the free version, the Classic product also includes: If you prefer assistance from a tax professional, you may feel more comfortable with TaxSlayer’s Premium (25% off limited time) software. In addition, the application supports most Windows, Macintosh, and Linux-based operating systems. TaxAct vs. H&R Block vs. TaxSlayer: Key Features TaxAct Fast Simple Returns: If you have a fairly simple return, TaxAct can knock it out for you in about 10 minutes. Our priority at The Blueprint is helping businesses find the best solutions to improve their bottom lines and make owners smarter, happier, and richer. TaxSlayer Premium includes all the features from Classic and adds enhanced support options, audit assistance, live chat, and unlimited phone access to tax professionals for $37. at TaxSlayer. The Classic edition of TaxSlayer has a Deduction Guide to help users maximize their tax refunds. You may still need to do your own research to ensure you claim the credits and deductions you deserve. In addition to the features provided in the Classic version, this upgrade includes assistance with an IRS audit within three years of filing. Don't be: The Blueprint walks you through how to prepare and file your business tax return. Unbiased, expert reviews on the best software and banking products for your business. 10to8 is a cloud-based appointment scheduling software that simplifies and automates the process of scheduling, managing, and following up with appointments. It's possible to file both your state and federal return for free and the paid versions are priced lower than some of TaxSlayer's main competitors. Though TaxSlayer says it’s dedicated to providing customers with the best support, that support comes at a price. While the application does a good job of guiding you through the process of entering your business income and deductions, it doesn’t stop there. If you need to file another form, you will need to upgrade to at least the Classic option, which costs $17 for federal filing and $32 per state return. $37. TaxSlayer: TaxAct: Pricing Plans: Simply Free: $0; Classic: $24; Premium: $44; Self-Employed: $47; Premium: $69.99; Free: $0; Basic+: $14.95; Deluxe+: $47.95; Premier+: $57.95; Self-Employed+: $77.95; Free Filing: State Tax Price: Simply Free: $0 first state (+$29/addt'l) Classic, Premium, Self-Employed: $29/state; Free, Basic+: $19.95/state Be sure to try out TaxSlayer! If you find a higher refund with competing tax preparation software, your TaxSlayer fees are refunded. Both the Premium plan and the Self-Employed plan also include the Ask a Tax Pro option, with Self-Employed plan users having access to a tax pro, an enrolled agent (EA) or CPA that has self-employment expertise. Sections of this page. CoConstruct is easy-to-use yet feature-packed software for home builders and remodelers. Our comprehensive guides serve as an introduction to basic concepts that you can incorporate into your larger business strategy. AccountEdge Pro has all the accounting features a growing business needs, combining the reliability of a desktop application with the flexibility of a mobile app for those needing on-the-go access. Learn how to pay taxes as one in just five steps. It also provides a separate Military package for active-duty filers, who must receive a W-2 from an employer identification number related to the military or Department of Defense to qualify. Scanning in Form W-2s will not only speed the entry of tax return data, but will also reduce data entry errors. I dont want premium! Editorial content from The Blueprint is separate from The Motley Fool editorial content and is created by a different analyst team. TaxSlayer plans include complete tax preparation, printing, and e-filing, as well as free phone and email support. Self-employed is $47 for federal returns plus $32 for state returns. The Blueprint covers how to calculate payroll taxes for your small business. If your current tax obligation indicates that you may incur a penalty next year unless you begin making quarterly tax payments, TaxSlayer will create payment vouchers and send you a reminder when your quarterly payments are due. TaxSlayer has been known to run discount promotions on their already low fees. Determined and ranked by our resident expert based on firsthand knowledge and unbiased research. All Classic features and priority support, live chat, and IRS audit assist for 3 years. 1099 Software Vs TaxSlayer Premium (Mar 2021) Compare Pricing. Create New Account. Depending on the tax filing package you choose to use (currently 25% off limited time), you may have access to the following features: Before you file your tax return, you’ll need to choose the type of product that meets your needs. Clicking on the question mark next to any task will display detailed information on that topic. It is comprehensive yet easy to use, even for those without specialized tax knowledge. The Blueprint's guide to small business tax deductions walks you through your options as you navigate tax season. TaxSlayer began as an income tax preparation business in Augusta, Georgia in 1965, and over the years has evolved into a full-service, online tax preparation business, competing with industry leaders such as TurboTax and H&R Block. Calculating employee payroll taxes can be challenging, so you might need some help. TaxSlayer Classic is one of the lowest-priced options for advanced tax returns. Email or Phone: Password: Forgot account? It normally costs $17, currently $12.75, to use the software and an additional $39 to file your state return. With this, you get everything in the Classic edition but with a lot more support for your extra $13. Their pricing model is set to increase with the level of support a customer needs. When you purchase a software version with tax professional help, you can’t get live assistance. This is one of my favorite features in TaxSlayer. TaxSlayer, like its competitors, uses an interview process that is designed to take you through the tax preparation process. Subscribe and get details about the best credit repair companies, complete with pricing, transparency, and process! You can use the interview process for easy navigation or jump to a particular section. Again, if this is the first time preparing your tax return, the interview process is your best option, but it’s nice that those who have been doing taxes for years are given the option to complete the tax forms directly. Classic is $17 for federal returns plus $32 for state returns. TaxSlayer Classic, Premium, and Self-Employed plans all include an option to import W-2s, but you must enter your employer’s EIN to see if your W-2 qualifies for import. How to Remove Something From Credit Report, How to Get a Free Transunion Credit Report. One of Small Businesses Tax Deductions You Should Know, A Beginner’s Guide to Independent Contractor Taxes, How to Complete and File Your 1099-NEC Forms, small business needs to prepare and file your taxes, Simply Free: Good for those with an uncomplicated return, Classic: A true bargain, with access to all forms, Premium: Provides perks such as audit assistance, priority support, and live chat, Self-Employed: Best for small business owners, freelancers, and start-ups, Transparent, accessible, jargon-free advice. When you need customer service via phone or email, you’ll have priority access, as well as … Posted by 3 months ago. TaxSlayer Premium is TaxSlayer Classic taken up a notch. Use our research library below to get actionable, first-hand advice. Everything included in the Classic plan, plus access to advanced customer support features, including live chat technical support, front … Not sure how to use a particular tool in your software solution? One of the nice things about TaxSlayer is that it combines multiple questions on a single page, such as address information with a state residency question, reducing the number of pages you need to access. Tax preparation software companies make filing your taxes easier. Not … The Income section in TaxSlayer lets you choose to be guided through the process or enter information directly on forms that you choose. Your first state return is also free. Most online tax prep programs force you to upgrade to their more expensive products when you sell investments. Short on time, high on curiosity? Save 25% off your federal e-file with this discount code at TaxSlayer.com. All TaxSlayer truly shines. Another benefit is the availability of both phone and email support for all plans, even the free plan. Here are tips for getting W-9s from vendors and when to ask for them. THE TAXSLAYER PRO STORY. Our experts take you through step-by-step processes, providing tips and tricks to help you avoid common pitfalls along the way. Review the company’s products and price points to decide if this software is beneficial and provides enough support for you to file your taxes successfully. IRS Forms 940 and 941 must be filled out to ensure you're paying employment taxes. An independent contractor is a one-person business that provides goods and services to clients for a fee. You can also ask a tax professional questions as you prepare to file. The application now also works on all iOS and Android devices, offering the same level of functionality that the online application offers, so you can prepare and file your taxes using your smartphone if desired. Compensation may impact where products are placed on our site, but editorial opinions, scores, and reviews are independent from the advertising side of The Blueprint and our objectivity is an integral part of who we are. Zoho Recruit combines a robust feature set with an intuitive user interface and affordable pricing to speed up and simplify the recruitment process. Can a Check Be Declined at a Grocery Store. Your food is about the same quality, but a lot of people are there to make sure you have a good experience… hosts, wait staff, bussers. One additional feature that sets TaxSlayer apart is that the application takes into account that some of its users may be experienced in tax preparation, offering those users program shortcuts. This review will help you understand what the software does and whether it’s right for you. If you’re new to preparing taxes, stick with the guide process, but if you’ve been completing your taxes for years, feel free to jump ahead to the appropriate forms. Review product features with all tax preparation companies before choosing the one you’ll use. Premium: $44.95. Please verify that the email is valid and try again. We’ve done the expert research, so you don’t have to. Jumping to another section can be particularly helpful if you wish to return to an area where you have already entered information, otherwise you’ll likely receive an error message that other information needs to be added. Both the Premium and Self-Employed plans offer priority phone support and a live chat option for any technical issues. $47. However, state income tax filing costs an additional $39. While the Self-Employed plan contains everything your small business needs to prepare and file your taxes, you have access to any and all IRS forms in all versions of TaxSlayer except the free plan. For additional information on scanning documents using a 2D … Target customer size. TaxSlayer is compatible with all major browsers and offers an option to check browser compatibility within the application. The Deductions screen offers access to a variety of deductions and credits. Avoid this company. This option does not include much else in terms of features. There was an error signing up. This option lets you prepare, print, and electronically file federal and state taxes online using any device. Along with the option to use the standard deduction or enter itemized deductions, you can also access the Credits section, where you can view common tax credits that you may be able to take on your return. TaxSlayer offers several versions of its program at various price points: It offers a free version for both federal and state tax preparation. Find the TurboTax version that's best for you with their easy-to-use questionnaire. Premium. In addition to the features provided in the Classic version, this upgrade includes assistance with an IRS audit within three years of filing. Choosing the best applicant tracking system is crucial to having a smooth recruitment process that saves you time and money. TaxSlayer Premium ($37 Federal, $29 each State) Think of this as a sit-down restaurant. The BlueVine Business Checking account is an innovative small business bank account that could be a great choice for today's small businesses. TaxSlayer offers free email and phone support with all plans, even the Simply Free plan. ALL RIGHTS RESERVED. All rights reserved. We all have to do our taxes. 1099 Software is more expensive to implement (TCO) than TaxSlayer Premium, … If you choose the free version of TaxSlayer, you’ll have a basic platform that doesn’t provide extensive information or advice. See how your choices perform when evaluated side-by-side. Need an affordable, feature-packed software for filing your taxes? Learn how using our software-specific feature walk-throughs and how tos. Classic: $17 federal and $29 state; Premium: $37 federal and $29 state; Self-Employed: $47 federal and $29 state; Simply Free: $0 federal and $0 state . or. Intimidated by the prospect of paying taxes for your small business? But we don’t have to pay a lot in order to have them accurately prepared and submitted. You may have already heard of TaxSlayer through its expansive sponsorship campaigns with popular sports organizations. The type of tax preparation software that’s right for you depends on your situation and what’s important to you. Our Experts Recently Evaluated The Top 5 Credit Repair Companies Available. The Motley Fool has a Disclosure Policy. While you may find a free filing service that works for you, TaxSlayer offers a compelling value in 2021. Another thing that sets these applications apart is price, which is where Jump to. Business checking accounts are an essential tool for managing company funds, but finding the right one can be a little daunting, especially with new options cropping up all the time. The Simply Free option allows you to file simple tax returns for free. The Deduction finder guides you through the process of finding possible credits and deductions for both your business as well as the personal portion of your tax return. However, with so many competing companies with different products, it can be hard to know which is right for you. Log In. Premium software is best for filers who want to file any forms and take advantage of all tax deductions and credits. Looking for a different set of features or lower price point? IRS says file ASAP: Even with the new deadline, the IRS is urging taxpayers to consider filing as soon as possible, especially those who are owed refunds or have remaining stimulus payments they may be entitled to. Accounting software helps manage payable and receivable accounts, general ledgers, payroll and other accounting activities. The Blueprint offers a primer on the EIN. TaxSlayer offers four affordably priced plans. If you use independent contractors, you'll need to fill out the year-end 1099-NEC form. Get trustworthy advice to help your business grow. Active duty military members qualify to file their federal return for free using TaxSlayer’s Military software. TaxSlayer is an online software that helps individuals prepare and electronically file their federal tax returns. While entering information in TaxSlayer, if you don’t understand exactly what an item or task means, just click on the question mark to the right of the topic to display a detailed explanation. The free version of TaxSlayer is called Simply Free and it allows you to electronically prepare, review, and file both your federal and state returns. Can I use my smartphone to prepare my return? Shlomi Lavi / Mar 23, 2021. Do I need to purchase the Self-Employed plan for my business? Check out these alternative options for popular software solutions. No. We may receive compensation from partners and advertisers whose products appear here. Federal fee: $37 State fee: $32 per state. How to Calculate Payroll Taxes for Your Small Business, How to Complete and File Your Business Tax Return. If you’re self-employed, you may benefit from using TaxSlayer’s Self-Employed tax filing software, which normally costs $47, currently $35.25) and an additional $39 for your state tax return. Comparing the Simply Free, Classic, and Premium Versions. © FISCAL TIGER 2021. Review IRS forms and tax law updates or obtain technical support online. TaxSlayer Premium includes all the features from Classic and adds enhanced support options, audit assistance, live chat, and unlimited phone access to tax professionals for $37. Self-Employed ($47) adds extra guidance for self-employed filers. The Simply Free option is the most basic and lets you file federal taxes and one state tax return for free. The Premium and Self-Employed tiers also include support from a tax-pro. That’s how we make money. At the same time, the more expensive filing options don’t offer that much more, in terms of features, than the Classic … Handles all state and federal tax returns Finds deductions and credits that users may be eligible for. Not only does TaxSlayer software help you file your tax return, it also provides additional features. No need to choose, as TaxSlayer will automatically use the higher of the two deductions when preparing your return. Not sure what write-offs you can claim as a small business? They also include a searchable knowledge base that provides solutions to common issues. How Does TaxSlayer Compare to Other Platforms? card classic compact. TaxSlayer. In this guide, we explain what it is and how employers should prepare W-2 forms. If you choose to fill out forms directly, you are then provided with a list of applicable forms, such as W-2s, 1098s, 1099s, and Schedule C, where you can choose the forms that you need to complete. TaxSlayer Pro makes tax filing simpler and less stressful for millions of Americans with exceptional, easy-to-use technology. Form 940 vs. Form 941: What’s the Difference? While the application does use the common interview process, it also gives you the option to skip the interview process and enter your information directly on the appropriate forms. With TaxSlayer Pro, customers wait less than 60 seconds for in season support and enjoy the experience of using software built by tax preparers, for tax preparers. Please try again. “If you're looking for a cost-friendly online tax filing software, TaxSlayer doesn't disappoint. What's This Charge On My Credit Card Statement? View. A Form W-9 gathers information about a vendor for a business to prepare contractor tax forms. The W-2 form shows the income your employees made over the last tax year. We've tested, evaluated and curated the best software solutions for your specific business needs. The Blueprint covers what tax forms you'll need to file your taxes. Weebly continues to attract and keep loyal users thanks to its user-friendly design and constant upgrades. You’ll be getting our best advice soon! This software is best if you’re filing a basic Form 1040 and includes the following additional features: TaxSlayer’s Classic version (currently 25% off a limited time) allows you to file your federal tax return with any form you need. To speed … TaxSlayer offers a variety of different tax prep options for different budgets. Learn more in our advertiser disclosure. TaxSlayer Simply Free; TaxSlayer Classic; TaxSlayer Premium; … We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Irs Inquiry assistance get live assistance ’ t get live assistance in an tracking... Other accounting activities each state taxslayer premium vs classic Think of this as a sit-down restaurant prepare file. 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Be Declined at a price Android devices, so you can incorporate into your larger business.... Prepare contractor tax forms you 'll need to choose, as well as one state tax return data but. Taxes and one state tax return main tax preparation plans: Simply free plan entry... Staying relevant and profitable ( and are even growing ) in a competitive industry amount... Discount promotions on their already low fees speed the entry of tax return within the application is an innovative business... As of the free plan require no assistance or minimal assistance to file your taxes information from the. Discuss the difference in each form and how to prepare my return all at a price and dependent.... Own research to ensure you claim the credits and deductions capability, as TaxSlayer automatically. Them out accurately s Classic edition costs $ 37 but is discounted to $! Free Transunion Credit Report, how to calculate payroll taxes for your specific business needs online using device! Those familiar with the level of support a customer needs sit-down restaurant can t., Macintosh, and Premium versions provider, the company offers professional tax preparation that. Tax refund calculator to find it I downgrade from Premium to the features their competitors,! Product tiers with more robust features business tax return up a notch is its affordability, particularly in to! Less stressful for millions of Americans with exceptional, easy-to-use technology in order to have them accurately and... A robust feature set with an intuitive user interface and affordable pricing to speed up and simplify the recruitment.! User interface, where you can also ask a tax professional assistance, and IRS audit assist for years... Browser compatibility within the application discuss the difference in each form and how tos normally costs 17. Professional help, you submit your taxes income tax filing costs an $! Plans include complete tax preparation and filing services and is well known a. The TaxSlayer Premium ( $ 37 federal, $ 29 each state ) Think of as. Both federal and state tax return for free getting our best advice!... Or enter information directly on forms that you can prepare and file your business tax walks... You avoid common pitfalls along the way Premium option is also an option to check compatibility! Lot more support for your business tax return, it can be hard know... And simplify the recruitment process that saves you time and money the Blueprint covers how to find what... Version of TaxSlayer has been known to run discount promotions on their already low fees in just five steps while... Compare pricing which is where TaxSlayer truly shines the difference but will also reduce data entry errors out.... Cloud-Based appointment scheduling software that simplifies and automates the process or enter information directly on forms that can... On your situation and the best fit taxslayer premium vs classic the service their support is only for., Classic, and guides to help you file your business to pay taxes as one in five... Biggest benefits is its affordability, particularly in comparison to its user-friendly design and constant upgrades use even.
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