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Filing taxes can be a daunting task, especially when you have to navigate through various tax laws and regulations. Whether you’re an individual taxpayer or running a small business, having the right tax software can make all the difference.

Top 10 Best Tax Software For 2023
Updated On 2 March, 2023

It has been seen that the amount of e-filed returns is becoming less popular among both taxpayers and tax professionals. Throughout the 2023 tax season for 2022 returns, around 92% of 2022 returns have been e-filed; among those, around 66.8 million are self-prepared. 

With so many options available, choosing one that suits your needs and budget can be overwhelming. To make the decision easier, we’ve evaluated the top 10 best tax software for 2023.

Our list includes desktop and online tax preparation software with user-friendly interfaces, robust features, and affordable pricing options. These tax software are equipped with the latest tax laws and regulations and can easily handle even the most complex tax returns. From self-employed individuals to small business owners, our list has something for everyone.

So, whether you’re looking to save time and money or ensure accuracy and compliance, these top-rated tax software will provide you with a seamless tax-filing experience. Read on to find the best tax software for your needs and budget in 2023.

Read our guide on the best online accounting software that will help you with your accounting needs.

Compare All
01
Editor's Choice
Jackson Hewitt Online has personalized support, which includes access to tax experts who can answer questions and provide guidance.
Visit Site
7
Star Ratings
good
Overall Score
  • User-friendly software makes filing easier
  • Convenient for tax preparation
  • Available 24/7 for tax preparation
02
Editor's Choice
Liberty Tax software is a popular tax preparation software designed to simplify tax filing for individuals, small businesses, and self-employed taxpayers.
Visit Site
7.8
Star Ratings
good
Overall Score
  • Easy-to-use interface
  • Affordable pricing options
  • Free customer support
03
With eSmart Tax, you can file your taxes quickly and easily from the comfort of your own home, without the need for confusing software or expensive professionals.
Visit Site
8
Star Ratings
good
Overall Score
  • User-friendly interface
  • Available on both desktop and mobile devices
  • Cost-effective compared to professional tax preparers
04
FreeTaxUSA is an online tax preparation and filing service that helps individuals and small business owners complete their federal and state tax returns.
Visit Site
7.6
Star Ratings
good
Overall Score
  • Affordable pricing
  • Free federal tax preparation and e-filing services
  • Easy-to-use interface
05
Keeper Tax is a AI-powered expense tracking and tax deduction software.
Visit Site
8
Star Ratings
good
Overall Score
  • User-friendly interface and mobile app
  • Multiple pricing plans
  • Bank-level security and encryption
06
A comprehensive tax preparation software that helps to prepare and file federal and state taxes.
Visit Site
9.2
Star Ratings
excellent
Overall Score
  • Affordable
  • User-Friendly
  • Accurate
07
H&R Block is a website that provides tax preparation and filing services for individuals and small businesses.
Visit Site
8.2
Star Ratings
good
Overall Score
  • User-friendly online tax preparation process
  • Access to tax professionals for personalized advice
  • Maximum Refund Guarantee
08
TaxSlayer is a web-based tax preparation software with a range of features and tools to help users prepare and file their federal and state tax returns online.
Visit Site
9.4
Star Ratings
excellent
Overall Score
  • Competitively priced tax preparation services
  • User-friendly design and step-by-step guidance
  • Mobile app to file taxes on the go
09
TurboTax is an advanced tax software to prepare, file and pay taxes in a seamless and efficient manner.
Visit Site
9
Star Ratings
excellent
Overall Score
  • User-friendly interface
  • Users can access live support.
  • Accuracy and thoroughness in calculating tax liability
10
Ease of use, offering a simple interview process to guide users through the tax preparation and filing process.
Visit Site
8.4
Star Ratings
good
Overall Score
  • Helps users comply with tax obligations
  • Facilitates easy and quick payments
  • Has a user-friendly interface
see more

detailed reviews

01
Jackson Hewitt Online
Star Ratings
Visit Site
Introduction Jackson Hewitt Online is an online tax preparation and filing service provided by Jackson Hewitt, a tax preparation company that has been in business since 1982. The service allows taxpayers to prepare and file their federal and state income taxes online from the comfort of their own...

Pros

  • Convenient for tax preparation
  • User-friendly software makes filing easier
  • Saves time during tax preparation
  • Reduces the risk of errors
  • Offers guidance and support
  • Increases chances of getting maximum refund
  • E-filing provides faster tax filing and refund processing
  • Available 24/7 for tax preparation
  • Cost-effective compared to hiring a professional
  • Allows tax preparation from anywhere with internet access

Cons

  • Not suitable for complex tax situations
  • Expensive for certain services
  • Extra fees for some features
  • No face-to-face interaction with tax professionals
  • Limited personalized advice compared to in-person services
  • Requires internet access
  • Security may not be as strong as in-person services
  • Accuracy may not match in-person services
  • Overwhelming for those unfamiliar with tax laws
  • Limited assistance with state-specific tax laws
Editor's take

Jackson Hewitt Online has personalized support, which includes access to tax experts who can answer questions and provide guidance throughout the tax preparation process, ensuring accuracy and confidence in filing taxes.

02
Liberty Tax
Star Ratings
Visit Site
Introduction Liberty Tax software is a popular tax preparation software designed to simplify tax filing for individuals, small businesses, and self-employed taxpayers. It is an affordable and user-friendly platform that provides step-by-step guidance to help users prepare and file their taxes...

Pros

  • Easy-to-use interface
  • Affordable pricing options
  • Free customer support
  • Accessible on desktop and mobile devices

Cons

  • Limited customer support hours
  • Less robust features compared to competitors
  • Not as intuitive as some other tax software options
  • No option to import prior year data
Editor's take

It allows users to download their W2 form directly from their employer’s website, making it easy to input their income information into the software.

03
eSmart
Star Ratings
Visit Site
Are you tired of spending countless hours trying to navigate complicated tax software or paying high fees to a professional tax preparer? Look no further than eSmart Tax, the online tax preparation service that promises to simplify the process and save you time and money. With eSmart Tax, you can...

Pros

  • User-friendly interface 
  • Available on both desktop and mobile devices
  • Cost-effective compared to professional tax preparers
  • Offers a range of tax-filing options
  • Accurate calculations of tax liability and potential refunds
  • Online customer support available

Cons

  • May not be as comprehensive as its competitors
  • Limited customer support options
  • Possible additional fees for state tax filing
  • Not suitable for everyone
Editor's take

One unique standout feature of eSmart Tax is its expert tax advice and support from experienced tax professionals, providing users with personalized tax assistance and advice throughout the tax preparation process. 

04
FreeTaxUSA
Star Ratings
Visit Site
FreeTaxUSA is an online tax preparation and filing service that helps individuals and small business owners complete their federal and state tax returns. The platform provides a user-friendly interface, step-by-step guidance, and various tools to help users maximize their tax refunds and minimize...

Pros

  • Affordable pricing
  • Free federal tax preparation and e-filing services 
  • Easy-to-use interface
  • Comprehensive knowledge base for tax questions
  • Support for a wide range of tax forms and schedules
  • Ability to import tax information from previous years
  • Access to tax calculators and tools
  • Customer support via email, phone, and chat
  • Availability of state tax preparation services

Cons

  • Insufficient support for more complex returns
  • No in-person tax preparation services
  • Limited customer support hours
  • No audit defense services
  • No guarantee for the maximum tax refund
  • Limited payment and refund options
  • Inadequate advice for tax planning
  • Potential delays in receiving tax refunds
  • Limited features on the mobile app
Editor's take

FreeTaxUSA offers a 100% accuracy guarantee, so users can feel confident that their tax returns are prepared correctly.

05
Keeper Tax
Star Ratings
Visit Site
Are you tired of the never-ending hassle of managing your taxes? Do you find yourself overwhelmed with receipts, invoices, and spreadsheets? Fear not, as we bring you the ultimate solution to all your tax-related woes: Keeper Tax! This guide will provide insights into Keeper Tax’s latest...

Pros

  • Automatic expense categorization and tax write-off identification
  • User-friendly interface and mobile app
  • A dedicated team of tax experts for personalized advice
  • Multiple pricing plans
  • Bank-level security and encryption
  • Integration with popular accounting software
  • Regular updates and improvements
  • Suitable for individuals, small business owners, and freelancers

Cons

  • Not suitable for larger businesses
  • Not as accurate as a human accountant 
  • Some users report difficulty syncing accounts
  • It can be more expensive than other tax software
  • Limited customization options for expense categorization
  • Customer service response time may vary
Editor's take

Providing freelancers and small businesses with an efficient and automated way to track their expenses and maximize their tax savings.

06
TaxAct
Star Ratings
Visit Site
Taxes can be a daunting task for many people, especially if you are filing for the first time. Fortunately, tax preparation software solutions can make the process easier and more efficient. TaxAct is one such software that has been gaining popularity among taxpayers for its user-friendly interface,...

Pros

  • Affordable
  • User-Friendly
  • Accurate
  • Time-Saving
  • Security

 

Cons

  • Limited Customer Support
  • Limited Import Capabilities
  • Limited Features For Business Taxes
  • Limited Tax Advice
  • Limited Mobile App Functionality

 

Editor's take

TaxAct offers good value for money, providing affordable pricing options for different tax filing needs with helpful tools and resources.

07
H&R Block
Star Ratings
Visit Site
H&R Block is a website that provides tax preparation and filing services for individuals and small businesses. The website offers a range of tax services, including online tax preparation, tax advice, and tax calculators to help people calculate their tax obligations accurately. The website is...

Pros

  • User-friendly online tax preparation process
  • Access to tax professionals for personalized advice
  • Maximum Refund Guarantee
  • Online and in-person tax preparation options
  • Tax preparation services for several tax situations
  • Comprehensive tax resources and tools available 
  • Mobile app available for easy tax preparation 
  • Free tax calculator tools 
  • Easy and secure document upload 
  • Affordable pricing options

Cons

  • Additional fees for certain tax forms or services
  • Some users may prefer more DIY tax preparation 
  • In-person tax preparation is not available in all areas
  • Interface and process can be overwhelming
  • Limited options for live customer support
  • Only supports tax preparation for U.S. residents
  • Potential for errors in tax preparation if the user inputs incorrect information
  • Limited options for integrating with other financial management software
  • Not the most competitive pricing compared to other tax preparation services
  • Some users may prefer a more personalized, one-on-one tax preparation experience
Editor's take

H&R Block is a popular tax preparation service that provides users with a range of online and in-person tax services to help them prepare and file their taxes accurately and efficiently.

08
TaxSlayer
Star Ratings
Visit Site
As we approach the end of the tax season, many of us are rushing to file our tax returns before the deadline. With so many tax software options available in the market, it can be overwhelming to choose the right one that fits your needs. In this review, we’ll take a closer look at TaxSlayer...

Pros

  • Competitively priced tax preparation services
  • User-friendly design and step-by-step guidance 
  • Mobile app to file taxes on the go 
  • Extensive knowledge base and community forum
  • Allows users to choose the product that best fits their needs

Cons

  • Limited hours of customer support
  • Fewer import options 
  • Limited usefulness for some users
  • May not be suitable for more complex tax situations
09
TurboTax
Star Ratings
Visit Site
Designed to guide you through the entire tax filing process step by step, ensuring that you don’t miss out on any deductions or credits. With TurboTax, you can file your taxes with confidence, knowing that you’re getting the maximum refund you’re entitled to. Introduction One of...

Pros

  • Convenience
  • User-Friendly
  • Accuracy
  • Speed

Cons

  • Cost
  • Learning Curve
  • Limited Personal Interaction
  • Potential Errors
Editor's take

TurboTax walks users through the tax filing process by asking a series of simple questions and providing guidance along the way. It can be particularly helpful for the first-timers.

10
Cash App Taxes
Star Ratings
Visit Site
Cash App Taxes refer to the taxes that users of Cash App, a mobile payment service offered by Square Inc., may be required to pay on transactions they conduct using the app. As with any financial transaction, using Cash App may have tax implications, and users are responsible for understanding and...

Pros

  • Helps users comply with tax obligations
  • Provides a 1099-K form for users who meet the threshold
  • Allows users to keep track of their transactions
  • Facilitates easy and quick payments
  • Offers users the ability to buy and sell cryptocurrencies
  • Has a user-friendly interface
  • Offers cashback rewards for using the app
  • Supports instant deposits and withdrawals
  • Provides a debit card for easy access to funds
  • Offers the ability to send money internationally

Cons

  • Users are responsible for accurately reporting taxable transactions
  • Tax obligations can be complex and difficult to understand
  • Users may face penalties for failing to report taxable transactions
  • The 1099-K threshold may be too low for some users
  • Cryptocurrency transactions can be subject to volatile market conditions
  • Users may be charged fees for certain transactions
  • International money transfers may be subject to additional fees
  • Users may be vulnerable to scams or fraud on the platform
  • Cash App may not be available in all countries or regions
  • Users may face limited customer support options.
Editor's take

Offers tax preparation and filing easier and more convenient for individuals and businesses, making it user-friendly even for first-time tax filers.

01
02
03
04
05
06
07
08
09
10

Outstanding features

File your return quickly without jumping through a lot of hoops

Get help at locations nationwide

More flexibility in how much you'll pay to file

in-person and online support makes dealing with complicated situations simpler — including if you need help resolving tax debt

Online tax support 360-degree customer service offers multiple options for online help

It has the ability to accurately calculate taxes and ensure that users receive the maximum tax refund they are entitled to

The platform is designed to be intuitive and easy to use, even for individuals with limited tax knowledge

Simple returns with few bells and whistles, but those with simple returns can file for free

An incredibly easy-to-use interface

Formerly known as Credit Karma Tax. Returns are free, even with more complicated tax situations

Overall Rating

Free Version

Yes

For simple tax returns only

Yes

No

No

Yes

No

Yes

For simple tax returns only

Yes

Monthly Visits

967200

5100000

422900

789400

146300

959600

23400

1300000

13100000

11900000

Mobile App Availability

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Best For

Best For Quick, hassle-free filing

Best For Get help at locations nationwide

Best For Multiple pricing options

Best For Complicated tax situations

Best For online tax support

Best For Managing finances, calculating taxes, and filing the tax returns

Best For Managing tax efficiently

Best for simple returns

Best For An incredibly easy-to-use interface

Best For Free tax preparation

What is Tax Software? 

Tax software is a computer program that helps individuals and businesses prepare and file their tax returns electronically. It provides a user-friendly interface for calculating tax liability, filling out tax forms, and submitting returns directly to the tax authority. Tax software may also offer features such as the calculation of tax estimates, import of tax-related data, and error checking. The use of tax software can simplify the process of filing taxes and minimize the risk of errors.

How does Tax Software works?

Here are four tips to maximize the use of tax software:

  • Gather all necessary documents:

    Before using tax software, ensure you have all the necessary information, such as W-2 forms, 1099 forms, receipts for deductible expenses, and previous tax returns. Having all the information upfront will make the process smoother and less time-consuming.

  • Accurately enter information:

    Carefully enter all the required information into the software. Accurate data entry will help ensure the software calculates your tax liability accurately.

  • Review and double-check your work:

    Before filing, carefully review the forms generated by the software to make sure that all information is correct. Make any necessary changes and double-check your calculations before submitting.

  • Take advantage of features:

    Tax software often includes features such as error checking, helpful tips, and the ability to import information from previous years’ tax returns. Make sure to take advantage of these features to make the process as efficient and accurate as possible.

Comparison Chart Of The Top 10 Best Tax Software

Here is the comparison chart for all the tax software as per the latest statistics including their active users, Reviews, stated price, and much more. 

How to choose the best tax software according to your needs?

  • Determine your tax situation:

    Consider your tax situation, such as whether you have a simple or complex tax return and need to file for state taxes. Different tax software may cater to different tax situations, so choosing one that fits your needs is important.

  • Compare prices:

    Tax software can vary, so compare prices and choose a software that fits your budget.

  • Consider ease of use:

    Make sure that the software you choose is user-friendly and easy to navigate. This can save you time and frustration when preparing your taxes.

  • Look for features:

    Tax software may offer different features, such as the ability to import data from previous tax returns, error checking, and support for multiple tax forms. Choose a software that offers the features you need.

  • Read reviews:

    Read reviews from other users to see what they like and dislike about the software. This can help you make an informed decision.

  • Check for security:

    Make sure that the tax software you choose uses encryption to protect your sensitive tax information and that it is authorized by the relevant tax authority. This will help ensure the security of your personal information when preparing and filing your taxes.

Global Sales Tax Software Market – Industry Trends and Forecast to 2028

The global sales tax software market is expected to grow in the coming years, driven by factors such as the increasing complexity of tax regulations, the need for automation and accuracy in tax compliance, and the growing adoption of cloud-based solutions. The market is segmented based on deployment mode, application, and geography.

Key players in the market include Avalara, TaxJar, Vertex, Inc., Thomson Reuters, Sovos Compliance, Xero, Intuit, Inc., Taxamo, and others. These players focus on strategies such as partnerships, collaborations, and new product launches to expand their market presence.

Factors such as the increasing digitalization of business operations, the growing number of SMEs, and the increasing demand for real-time tax compliance solutions are expected to drive market growth. However, the high cost of implementing sales tax software and concerns about data privacy may act as a hindrance to market growth.

Overall, the global sales tax software market is expected to show significant growth over the forecast period, offering numerous opportunities for market players to capitalize on.

FAQ for Best Software for Tax

What is the best tax software for small businesses?

The best tax software for small businesses depends on several factors, including the size and type of the business, the complexity of tax compliance requirements, and the budget. Here are some of the most popular and highly rated tax software options for small businesses:

QuickBooks

Xero

FreshBooks

Wave

Which is the easiest tax software to use?

The easiest tax software to use will depend on individual preferences and the level of tax complexity a person or business faces. However, here are some tax software options that are known for their user-friendliness:

TurboTax

H&R Block

TaxAct

QuickBooks Self-employed

What If I Need Help Filing My Taxes?

Many tax software programs offer built-in support and guidance, such as step-by-step instructions, help articles, and frequently asked questions sections.

When are taxes due for the 2023 tax filing season?

The due date for the 2023 tax filing season is April 17, 2023. This is when individuals and businesses file their federal income tax returns or request an extension. State tax due dates may vary, so it’s essential to check with your state’s tax agency for more information.

What happens if you miss the tax deadline?

If you miss the tax deadline, you may face penalties and interest charges. Here’s what can happen:

Late filing penalty

Interest charges

Tax liens

Wage garnishment

How much does it cost to file taxes?

The cost of filing taxes varies and depends on several factors, such as the complexity of your tax situation, the type of tax return you need to file, and the method you choose to file (e.g., paper, online, or with the help of a professional tax preparer).

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