TaxAct Enhances Tax Filing Experience with New Xpert Assist Features for Consumers and Businesses

TaxAct Introduces New Features for Tax Season

TaxAct®, a major player in tax preparation software for individuals and businesses, has announced a comprehensive upgrade to its product suite, designed to simplify the upcoming 2024 tax season. This initiative comes as a timely response to the complexities taxpayers often face, making the filing process more accessible for everyone.

Enhancements to Xpert Assist

One of the standout updates is the expansion of the Xpert Assist service. This feature now offers an extensive range of personalized support options. Users can connect with fully credentialed tax experts through live chats or by phone, ensuring tailored assistance is always at hand. The current lineup includes new features like the Xpress Connect, designed for individual filers seeking quick answers within a focused 20-minute session. This allows users to quickly address their concerns while also having the option to upgrade to a more comprehensive support plan if needed.

Moreover, TaxAct has also made provisions for business filers. Those filing forms 1065 or 1120-S can now access Unlimited Access to Xpert Assist, keeping them supported by a dedicated team of tax professionals familiar with the nuances of business tax filing. TaxAct is committed to continuing the development of additional resources tailored for more intricate tax situations anticipated later in the 2024 tax season.

Streamlined Filing Process

The focus on making the tax filing experience smoother goes beyond just expert guidance. TaxAct has made notable improvements to the filing process itself. For individual and joint filers, the software promises a more streamlined process for filing 1099s. Users can either import information directly from their provider or enter data manually, followed by an easier review process, all aimed at expediting tax returns.

State filing has also been improved, with the integration of data from federal returns simplifying the overall experience. This means users won’t have to re-enter information, saving valuable time and reducing the likelihood of errors.

For business filers, major upgrades include enhanced data import capabilities that automatically populate returns for returning users—making it easier than ever to stay organized. Specifically, the intuitive guidance for completing Schedule B should make tax preparation less daunting. Furthermore, an improved layout for federal income and deductions will help clarify filing sections pertinent to forms 1065 and 1120-S.

Added Features for Peace of Mind

TaxAct understands that taxpayers often worry about audits and filing accuracy. To address these concerns, it offers an optional Audit Defense service, giving small business owners peace of mind while filing their taxes. This service adds an additional layer of professional support, ensuring that users can focus on their businesses without undue stress during tax season.

Digital signatures have been introduced as well, streamlining the paper documentation process and further reducing the barriers to efficient filing.

Guaranteeing Accuracy and Refunds

TaxAct’s commitment to its users is reflected in their guarantees, ensuring the accuracy and maximization of customer refunds. They back their software with a $100k Accuracy Guarantee, which promises to cover any discrepancies that may arise from software errors. This means customers can file with confidence, knowing their tax data is handled with precision.

Conclusion

The recent upgrades to TaxAct’s product offerings showcase the company's unwavering dedication to eliminating the stress associated with tax season. The combination of enhanced Xpert Assist features, improved filing processes, and strong guarantees makes TaxAct a compelling choice for anyone preparing their taxes in 2024. For more information, users can visit TaxAct's website or explore their social media channels.

By prioritizing user experience, TaxAct empowers individuals and businesses alike to confidently tackle their tax obligations with ease.