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We rate the best tax software solutions — from budget-friendly options for straightforward returns to feature-rich platforms for more complex situations — to help simplify the 2025 tax season.
Preparing and filing your taxes isn’t usually a pleasant experience, especially if you’re doing the work yourself. Two of the largest tax-filing software programs, TaxAct and TurboTax, can ...
TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [2] [3]
H&R Block Tax Software, formerly called H&R Block at Home, is a set of software packages for American income tax preparation offered by H&R Block. They are a main competitor of TurboTax and TaxAct. [1] As of 2014, both the online and software versions of the product go by the flagship name, H&R Block. [2] It was previously called "TaxCut".
A recent survey by Credello uncovered that only 13% of Americans file their taxes completely on their own and 53% rely on an online software system. [4] Many companies offer free and paid options for reducing the tedious labor involved in preparing one's tax return.
If a state doesn't collect income tax, it probably has higher taxes on gas or property. Moneywise 2 days ago Cash-strapped Americans paid nearly $850M to get their tax refunds early — but the IRS didn’t warn people about hidden fees.
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