Welcome!

News Feed Item

TaxACT Offers Free Federal and State E-Filing for Small Business Tax Returns

Today, the IRS Began Processing 1065, 1120S and 1120 Tax Returns E-Filed in TaxACT

CEDAR RAPIDS, IA -- (Marketwired) -- 01/13/14 -- TaxACT®, a leading provider of tax preparation solutions, is now submitting small business returns e-filed through its download and new online programs to the IRS.

TaxACT has been accepting e-filed partnership, corporate and multi-member LLC returns since January 6 and began submitting returns as soon as the IRS opened its doors.

Online versions of federal 1065, 1120S and 1120 programs debuted in October when TaxACT released Preview versions of online and download solutions for small businesses, professional preparers and individuals. TaxACT Online returns can be accessed from any browser, allowing users to prepare, print and e-file anytime, anywhere.

In addition to federal 1065, 1120S and 1120 solutions, TaxACT supports 33 states and e-file for 26 states.

After e-filing, TaxACT notifies business owners when returns are received and processed by the IRS and state. The status of e-filed returns is also available 24/7 at efstatus.taxact.com and with TaxACT Central, a free companion mobile app.

"You got this" with TaxACT's expert tools and resources
TaxACT's interview provides step-by-step guidance, asking easy questions about business income and expenses. "Small business owners know their business better than anyone, putting them in a perfect position to do their own taxes," said TaxACT President JoAnn Kintzel. "The same confidence they had to open their small business is all they need to conquer their taxes. Answer simple questions about your business, and let TaxACT's expert program do the rest, including maximizing your deductions."

To save time and minimize data entry errors, TaxACT offers several imports, including last year's return, trial balance reports, and investment transactions from several brokerages or CSV (comma separated values) files. The program also includes fast entry tools for Schedules K-1, M-3, and L data, Form 4562, and investment information.

Additional accuracy and time-saving features include:

  • Automatic allocation and updating of Schedule K-1 items as income, deductions and credits change in 1065 and 1120S programs
  • Depreciation reports for current and next year
  • Schedule K-1 import from TaxACT 1065 or 1120S into TaxACT Deluxe (1040)
  • TaxACT Alerts checks for errors, omissions and tax savings opportunities
  • Personalized tax, technical and audit help available every step of the way in the Answer Center, online, by email and via phone

High value, low prices
Also acclaimed for the value of its individual and professional preparer solutions, TaxACT 1065, 1120S and 1120 solutions are priced much lower than other brands -- $44.99 per federal return, and $19.99 per state return. Prices include preparation, printing and e-filing.

For maximum savings on small business and personal taxes, TaxACT offers download Home & Business Bundles. Each bundle includes one federal business edition, Deluxe 1040 and one State 1040 Edition for $59.99, a savings of over 15 percent. State business editions are offered separately.

Free IRS returns for sole proprietors, self-employed and single-member LLCs
TaxACT offers a free federal solution for sole proprietors, self-employed, single-member LLCs. TaxACT Free Federal Edition has all e-fileable forms, including Form 1040 and Schedule C. Free Edition guides users to all their deductions and credits with an easy, step-by-step interview and personalized help.

For more information about TaxACT's easy, fast and affordable solutions for small business owners, visit www.taxact.com/business-returns.

About TaxACT
TaxACT is the critically acclaimed leader of affordable digital and download tax preparation solutions for consumers, business owners and tax professionals. In the 2005 tax season, TaxACT became the first to offer free federal tax software and e-file to all U.S. taxpayers. Since 2000, TaxACT has assisted with more than 45 million e-filed federal returns. TaxACT is a business of Blucora, Inc. (NASDAQ: BCOR). Learn more about TaxACT at www.taxact.com and www.taxact.com/press.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact
Jessi Dolmage
TaxACT Public Relations
Email Contact
(319) 373-3600

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
"MathFreeOn.com is a line coding platform for engineers and scientists. When they want to solve an engineering problem and they have to use software - they have to pay a lot of money for licenses - but with MathFreeOn you don't have to pay a lot of money. Just go to our site and write the code and you can check the result right away," explained Simon Lee, CMO of MathFreeOn, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Cla...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, discussed how VPaaS enables you to move fast, creating scalable video experiences that reach your aud...
Get deep visibility into the performance of your databases and expert advice for performance optimization and tuning. You can't get application performance without database performance. Give everyone on the team a comprehensive view of how every aspect of the system affects performance across SQL database operations, host server and OS, virtualization resources and storage I/O. Quickly find bottlenecks and troubleshoot complex problems.
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
"We are a leader in the market space called network visibility solutions - it enables monitoring tools and Big Data analysis to access the data and be able to see the performance," explained Shay Morag, VP of Sales and Marketing at Niagara Networks, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Complete Internet of Things (IoT) embedded device security is not just about the device but involves the entire product’s identity, data and control integrity, and services traversing the cloud. A device can no longer be looked at as an island; it is a part of a system. In fact, given the cross-domain interactions enabled by IoT it could be a part of many systems. Also, depending on where the device is deployed, for example, in the office building versus a factory floor or oil field, security ha...
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, discussed recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model for s...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.