In the season of filing taxes, the right software can save time, energy, and money. In 2024, 23% of individuals reported using or a plan to use free tax software, while 16% opted for purchased tax software. This proves that several taxpayers want solutions to address their unique requirements. While TurboTax is a popular software, here are five top TurboTax alternatives worth considering.
Top 4 TurboTax Alternatives
Although TurboTax is a popular tax tool, it does have its drawbacks like its high prices. Below are five great options for TurboTax alternatives.
1040.com
1040.com tax preparation software is designed for professionals, offering a secure and user-friendly experience with intuitive tools.
Best Features
- Walkthrough Technology: Step-by-step guidance to simplify tax process.
- State Taxes Included: Automatic transfer of federal tax data to state returns.
- Flexible Filing Options: Ability to search for and jump directly to specific forms for users who know their filing needs.
- Preview Before Filing: Free preview of completed tax returns before committing to e-file.
- Integrated Refund Tracker: Tools to check e-file status and track refunds in real-time.
Pricing
$29.99 flat
TaxSlayer
TaxSlayer is software that ensures accuracy, enables maximum refunds, and offers comprehensive services.
Best Features
- Tax Filing Support: Covers all IRS forms, credits, and deductions with the Classic plan or higher.
- Fast Refunds: E-file and direct deposit ensure the quickest possible refund.
- Mobile-Friendly Tax Filing: File taxes from anywhere using a mobile app.
- Premium features: Includes skip-the-line support, live chat, and Ask a Tax Pro.
- Free Resources: Access refund calculators, refund tracking and help articles on the tax process.
Pricing
- Simply Free: $0
- Classic: $22.95
- Premium: $42.95
- Self-Employed: $52.95
Drake Tax
Drake Software is a tax preparation and e-filing solution developed for tax professionals. It presents a full range of integrated features for tax process optimization, increasing working efficiency, and satisfying clients.
Best Features
- Desktop and Cloud Options: Desktop or secure cloud-hosted solutions for flexibility.
- Optimised Workflow Tools: Integrated features to save time and increase productivity.
- Drake Accounting: Advanced accounting and payroll features with cutting-edge technology.
- Drake Portals (SecureFilePro): Secure and convenient file exchange between tax professionals and clients.
- Drake Pay: Optimised payment acceptance with credit, debit, and contactless payment options.
Pricing
- Drake Tax Pro: $2,195 single user or $2,495 multiuser
- Drake Tax 1040: $1790 single user or $1,995 multiuser
- Pay-Per-Return: $349.99
ProConnect Tax Online (by Intuit)
ProConnect Tax is a professional tax software that is easy to access from the cloud and integrates with QuickBooks Online Accountant. It has embedded tax guidance and intuitive interfaces.
Best Features
- Tax Advisory Insights: Automatically generates tax strategies from client returns for proactive advice.
- Custom Tax Plans: Allows users to create detailed, custom tax plans in minutes.
- Easy Data Conversion: Onboarding experts ensure accurate and hassle-free client data migration.
- Advanced Dashboard: Intuitive dashboard for streamlined workflows and productivity.
Pricing
- Essentials 50: $2,799
- Essentials 100: $3,483
- Plus: Starting at $6,307
- Enterprise: Custom pricing
About Cone
Cone Practice Management Software
Cone Practice Management Software is a platform for accounting firms that combines client engagement, billing, task management, and real-time analytics to streamline workflows. It enhances productivity through automation, secure document handling, and tailored configurations.
Best Features
- All-in-One Solution: Integrates workflows, billing, and client management.
- Client Records Management: Secure digital archiving with easy access.
- Billing and Invoicing: Customisable invoices, invoice automation, and integrated payment systems.
- Integrated Email: Collaborative email management linked to client tasks.
- Analytics and Reporting: Real-time dashboards and personalized reports.
- Project and Task Management: Efficient task assignment and tracking.
- Client Portal: Includes e-signatures, secure storage, and online payment options.
Pricing
- Starter: $5/user/month
- Essentials: $10/user/month
- Business: $15/user/month
Interested in checking out Cone starting at 5$ per month?
Ready To Work Smarter?
Tax preparation software should work for you, not against you. The right tax software can make all the difference in saving time and maximizing efficiency during tax season. While TurboTax is well-known, exploring alternatives like Cone Practice Management Software can help you unlock tailored features that cater to your specific needs.
If you’re ready to simplify your tax and client management tasks, why not give Cone a try?
Sign up today to explore!