TaxAct vs. TurboTax 2018

1

TaxAct

TaxAct’s audit assistance consists of a FAQ page on its website. But customers can buy audit defense from a partner company called Protection Plus for $49. Coverage includes three years of audit services for this year’s return, and TaxAct says the product will guide you through the audit process, handle IRS and state correspondence on your behalf, help with denied tax credits, as well as provide tax fraud assistance. You have to buy the coverage at the time of filing — you can’t buy it after the fact.

#Finance #Business & Commerce #Tax Preparation 15 social mentions

2

TurboTax

If you need (or want) a lot of handholding, TurboTax could be a great choice. Its searchable knowledge base, video tutorials and online community are great for research on the fly, but one of TurboTax’s most outstanding support features is TurboTax Live, which is in its second year. It offers (and not cheaply; see our pricing table for costs) a one-on-one review with a CPA or enrolled agent before you file, as well as unlimited live tax advice. They’ll even sign and e-file your tax return if you want. You can make an appointment or talk on the fly to a tax pro via one-way video (you see them, but they don’t see you — they just see your screen). Hours of operation are 8 a.m. to midnight Eastern, seven days a week.

#Tax Preparation #Accounting #Bookkeeping 5 social mentions