Are you tired of going through the hassle of preparing taxes on your own? Do you want to elevate your tax game and make the process smoother and less stressful? Look no further than the top picks for the best professional tax preparation software of 2021.

With these software options, you can take advantage of advanced features, such as auto-populated forms, error checking, and data import capabilities. Say goodbye to time-consuming tasks like manually inputting data and double-checking entries before filing. Instead, let the software do the heavy lifting while you focus on other essential tasks.

If you're ready to take your tax preparation skills to the next level, check out our top picks for the best professional tax preparation software of 2021. You won't regret it - the investment in the right software will pay off in efficiency, accuracy, and peace of mind come tax season.

So what are you waiting for? Follow our guide to discover the best software options available, and take control of your tax game today!

Elevate Your Tax Game: Discover the Top Picks for Best Professional Tax Preparation Software of 2021

Introduction

Preparing for tax season can be stressful, especially if you don't have the right tools. Luckily, there are many professional tax preparation software options available to help streamline the process. In this article, we will compare some of the best options for 2021.

Table Comparison

TurboTax

TurboTax is a widely recognized tax preparation software that has been in the market for over two decades. This product stands out from its competitors because of its smart technology and accessibility. Having a clean user interface, its step-by-step process allows users to file their taxes with ease.

Features

Some of the key features of TurboTax include:

• Live CPA support: Users can have access to virtual certified public accountants (CPAs) or enrolled agents as they prepare their return.
• W-2 import: The software can automatically import user’s W-2 forms from over 1 million employers
• Error check: The software can scans returns for errors before filing and correcting any mistake
• Multiple filing options: Easily file online, via mobile application or packages.

H&R Block

H&R Block is known for its excellent customer service, personalized advice, and a variety of tools to help users prepare their returns. It has both web-based and downloadable versions that cater to various needs providing support to customers through flexible means.

Features

Some of the key features of H&R Block include:

• In-person audit assistance: Like TurboTax, H&R Block provides free assistances if you need to go through an audit.
• Easy import: Quick importing of tax information from their previous year tax returns to help fill in their information.
• Accuracy review: Its Accuracy Review identifies any potential issues with your return and suggests ways to avoid an audit.

TaxAct

TaxAct is one of the cheapest options available, but that doesn’t mean it lacks unique features. TaxAct provides significant value by offering reasonable packages catered to specific needs while staying affordable.

Features

Some of the key features of TaxAct include:

• Maximized deductions: Personalized guidance encourages taxpayers to discover all applicable deductions and credits available.
• Customer support: Physically reachable by phone or email for assistance throughout the process
• In-app calculators: Calculators that help users to estimate capital gains deductions and more.

Credit Karma Tax

Credit Karma Tax is a relatively new tax preparation product created by a popular finance website, Credit Karma. This software is gaining popularity because it is entirely free, which is pretty unusual seeing a world where every software requires payment.

Features

Some of the key features of Credit Karma Tax include:

• Maximized deductions: It identifies potential deductions as related to your personal finances and guides you through the process.
• Free filing for all customers: No hidden costs or upsell, everything is bundled in this free process.
• Error check: The software checks and corrects errors before filing returns.

The Verdict

As tech-savvy people would say, the best software is subjective as everyone has different preferences when it comes to a user interface, usability, pricing or features. However, it is essential to keep in mind that the best choice is always the one that suits you most, and there is no harm in trying out different options to settle for a convenient and affordable one.

Based on the comparison above, TurboTax comes up as an excellent option overall, thanks to its wonderful features and user-friendly interface. It’s understandably pricier than the other three, but the additional costs are justified considering the services it provides, including live CPA assistance and multiple filing options.

But whichever product you end up choosing, you can always rest assured that with a reliable and efficient tax preparation tool, tax season need not be so daunting.

Thank you for taking the time to read our article on the top picks for professional tax preparation software of 2021. It is important to elevate your tax game and ensure that your taxes are filed accurately, efficiently, and securely.

The software options we have presented in this article offer a range of features and capabilities to meet the diverse needs of individuals and businesses. We have evaluated these options based on factors such as ease of use, reliability, customer support, and affordability to provide you with the most comprehensive and informed recommendations.

We understand that selecting the right tax preparation software can be a daunting task, which is why we have put together this guide to simplify the decision-making process. By using one of the software options discussed in this article, you can streamline your tax preparation process and reduce the risk of errors or overlooked deductions.

Again, thank you for visiting our blog and taking an interest in optimizing your tax preparation process. We hope that you have found our recommendations helpful and that you will consider using one of the top picks for professional tax preparation software of 2021. Here's to a successful and stress-free tax season!

People Also Ask about Elevate Your Tax Game: Discover the Top Picks for Best Professional Tax Preparation Software of 2021:

• What is professional tax preparation software?
• What are the benefits of using professional tax preparation software?
• Which are the top picks for best professional tax preparation software in 2021?
• What features should I look for in professional tax preparation software?
• Is professional tax preparation software easy to use?
• How much does professional tax preparation software cost?

Answers:

1. What is professional tax preparation software? Professional tax preparation software is a computer program designed for tax professionals to prepare and file tax returns for their clients. It can streamline the tax preparation process, reduce errors, and help tax professionals provide better service to their clients.
2. What are the benefits of using professional tax preparation software? Some benefits of using professional tax preparation software include increased efficiency, reduced errors, improved accuracy, enhanced security, and better client service. It can also help tax professionals keep up with changing tax laws and regulations.
3. Which are the top picks for best professional tax preparation software in 2021? There are several top picks for professional tax preparation software in 2021, including Drake Tax, Lacerte Tax, ProSeries Tax, UltraTax CS, and TaxAct Professional. Each software has its own strengths and features, so it's important to choose one that fits your specific needs.
4. What features should I look for in professional tax preparation software? Some key features to look for in professional tax preparation software include electronic filing, data import/export, error checking, audit support, automatic updates, and customer support. It's also important to consider the software's compatibility with your computer system and your specific business needs.
5. Is professional tax preparation software easy to use? Professional tax preparation software can be complex and require some training to use effectively. However, many software programs offer tutorials, training materials, and customer support to help users get started and navigate the software.
6. How much does professional tax preparation software cost? The cost of professional tax preparation software varies depending on the software provider and the specific features included. Some software programs offer a one-time purchase fee, while others charge an annual subscription fee. It's important to compare pricing and features to choose the best software for your budget and needs.