Keeper Tax Review 2023

Performance at Glance

As tax season approaches, it can be a daunting task to organize all of your expenses and ensure that you are maximizing your deductions. This is where Keeper Tax comes in, offering a user-friendly platform to track your expenses and simplify the tax filing process.

But how effective is Keeper Tax at accurately categorizing and identifying deductible expenses? Check out the table showing the performance of Keeper Tax’s rating system, providing insights into its accuracy and usefulness for individuals and businesses.

Specifications	Keeper Tax Rating  at Glance	Our Verdict
Ease of Use		Keeper Tax is a user-friendly platform that simplifies expense tracking
Customer Service		It offers excellent customer support through various channels.
Value for Money		The Keeper Tax Software offers good value for its affordable pricing plans.
Features		The software has a range of useful features, including automatic expense categorization and receipt capture.
G2 Rating		It has a high rating on G2, indicating user satisfaction with the platform.

Features of Keeper Tax 

Keeper Tax is a popular online tax assistant that helps individuals and small business owners organize their finances and save money on taxes. With a user-friendly interface and powerful automation tools, Keeper Tax offers a range of important features to simplify tax filing and minimize tax liability. 

Let’s explore some of the key features of Keeper Tax and how they can benefit users in managing their finances and taxes.

How Does Keeper Tax Work?

Keeper Tax is an online tax assistant that uses advanced algorithms and automation tools to help individuals and small business owners organize their finances and save money on taxes. This section provides a detailed and engaging overview of how Keeper Tax works and the steps involved in using the platform.

Step 1: Sign up and connect accounts

To get started with Keeper Tax, users first need to sign up for an account on the platform. They can then connect their bank and credit card accounts to Keeper Tax, allowing the platform to track expenses and identify potential deductions automatically.

Step 2: Automatic expense categorization

Once the accounts are linked, Keeper Tax automatically categorizes expenses into relevant tax categories, such as meals and entertainment, travel, or office expenses. This helps users keep track of their expenses and ensures they are properly categorized for tax purposes.

Step 3: Write-off detection

Keeper Tax uses machine learning algorithms to detect potential write-offs in users’ expenses. It scans through expenses and identifies those that may be eligible for deductions, such as business-related expenses or charitable donations. Users can review and approve these write-offs before they are applied to their tax returns.

Step 4: Tax bill prediction

Keeper Tax provides users with an estimate of their tax bill based on their income and expenses. This helps users plan and budget for their taxes and avoid any surprises come tax season.

Step 5: Tax filing assistance

Keeper Tax streamlines the tax filing process by generating tax forms and providing step-by-step guidance for users. It also offers e-filing options, saving users time and effort in preparing and submitting their tax returns.

Step 6: Pro-tax help 

For users who require additional assistance with their taxes, Keeper Tax provides access to professional tax help. Users can connect with a licensed tax professional for personalized advice and guidance on tax-related issues.

Step 7: Audit protection 

Keeper Tax offers audit protection to users in the event of an IRS audit. It provides support in responding to audit requests and can represent users in front of the IRS, minimizing the stress and hassle of dealing with an audit.

Step 8: Bookkeeping and expense tracking

Keeper Tax provides bookkeeping tools that allow users to track their income and expenses throughout the year. This makes it easy to stay organized, prepare for tax season, and gain insights into their financial health. Additionally, Keeper Tax automatically tracks expenses by linking to users’ bank and credit card accounts, making it easy to categorize expenses and identify potential deductions.

Step 9: Tax management

Keeper Tax helps users manage their taxes by providing a centralized platform for tax-related tasks. It offers reminders and notifications for important tax deadlines and tools for tracking estimated taxes and paying taxes online.

Overall, Keeper Tax simplifies the tax filing process by automating many tedious tasks in tracking expenses and preparing tax returns. Using advanced algorithms and automation tools, Keeper Tax helps users save time, money, and effort in managing their finances and taxes.

Significant Features of Keeper Tax 

Keeper Tax is an innovative online tax assistant that offers a range of technical features designed to help individuals and small business owners manage their finances and save money on taxes. Here is a detailed overview of the technical features offered by Keeper Tax and how they work.

Machine learning algorithms

The software uses advanced machine learning algorithms to automatically detect potential tax deductions in users’ expenses. It scans through expenses and identifies those that may be eligible for write-offs, such as business-related expenses or charitable donations.

Automatic expense categorization

Keeper Tax automatically categorizes expenses into relevant tax categories, such as meals and entertainment, travel, or office expenses. This helps users keep track of their expenses and ensures they are appropriately categorized for tax purposes.

Cloud-based platform

It is a cloud-based platform that allows users to access their accounts and data from anywhere with an internet connection. This makes it easy to manage finances on the go and collaborate with team members or tax professionals.

Bank and credit card account integration

The Keeper Tax software integrates with users’ bank and credit card accounts, automatically tracking and categorizing expenses. This saves users time and effort in manually tracking expenses and ensures accuracy in expense categorization.

Tax bill prediction

Keeper Tax provides users with an estimate of their tax bill based on their income and expenses. This helps users plan and budget for their taxes and avoid any surprises come tax season.

Tax filing assistance

It generates tax forms and provides step-by-step guidance for users to help them file their taxes. It also offers e-filing options, saving users time and effort in preparing and submitting their tax returns.

Secure data storage

The software stores user data securely in the cloud, using industry-standard encryption and security protocols to protect against data breaches and unauthorized access.

Professional tax help

It provides access to licensed tax professionals for users who require additional assistance with their taxes. This feature allows users to get personalized advice and guidance on tax-related issues.

Audit protection

Keeper Tax offers audit protection to users in the event of an IRS audit. It provides support in responding to audit requests and can represent users in front of the IRS, minimizing the stress and hassle of dealing with an audit.

Bookkeeping and expense tracking

The software provides bookkeeping tools that allow users to track their income and expenses throughout the year. It also automatically tracks expenses by linking to users’ bank and credit card accounts, making it easy to categorize expenses and identify potential deductions.

The software’s technical features make it a powerful and user-friendly tool for managing finances and taxes. By leveraging machine learning algorithms, cloud-based storage, and advanced security protocols, Keeper Tax simplifies the tax filing process and helps users save time and money on their taxes.

How Do I Remove My Card from Keeper Tax Software?

If you are a Keeper Tax user and want to remove a card from the software, you can easily do so by following simple steps. In this section, we’ll provide a step-by-step guide on removing a card from Keeper Tax software.

Step 1: Log in to your Keeper Tax accounts

To begin with, log in to your Keeper Tax account using your email address and password. Once you are logged in, you will be directed to your dashboard.

Step 2: Navigate to your payment settings

From your dashboard, click on your profile picture on the top right-hand corner. This will open a drop-down menu. Click on “Settings” to access your account settings. From there, click on “Payment” to access your payment settings.

Step 3: Remove the card

In your payment settings, you will see a list of the cards you have added to your account. Locate the card you want to remove and click “Remove” next to it. A pop-up window will appear, asking you to confirm that you want to remove the card. Click on “Confirm” to proceed with the removal.

Step 4: Verify the removal

Once you have confirmed the removal, you will receive a message confirming that the card has been removed from your account. It’s important to note that if you have an active subscription with Keeper Tax, you must add a new payment method before you continue using the software. Your subscription may stand canceled if you do not add a new payment method.

Top Keeper Tax Alternative Comparison

When it comes to filing your taxes, many software options are available to help you get the job done. FreeTaxUSA and TurboTax are two of the most popular tax preparation software programs. However, with so many options, it can be difficult to decide which one is the right fit for you. 

Let’s go forward to study the detailed comparison between these two software programs and highlight the unique features and benefits of each. So, whether you’re a small business owner or an individual taxpayer, read on to discover which software may be the best choice.

FreeTaxUSA

FreeTaxUSA is an online tax preparation and filing service that allows users to complete their federal tax returns for free. State returns are also available for a fee. Free Tax USA offers a simple and user-friendly interface that guides users through the tax preparation process. The service includes various tools and features to help users maximize their tax deductions and credits. FreeTaxUSA also offers free live chat, email, and paid phone support.

TurboTax

TurboTax is an online tax preparation and filing service that offers various packages to fit different tax situations. The service offers a user-friendly interface that walks users through the tax preparation process step-by-step. TurboTax offers a range of features and tools to help users maximize their tax deductions and credits. The service also includes access to tax experts for personalized advice and support. TurboTax offers various packages, including a free package for simple tax returns and higher-end packages for more complex tax situations.

Conclusion 

KeeperTax is an exceptional tax management platform that offers unparalleled convenience and accuracy. With its intuitive interface and advanced automation features, KeeperTax simplifies the process of tracking and maximizing tax deductions. The platform’s AI-powered technology intelligently identifies potential deductions and ensures compliance with tax regulations. Moreover, KeeperTax’s expert support and CPA review option provide peace of mind and assurance. 

In conclusion, KeeperTax empowers you to take control of your taxes, saving you time and money while minimizing the risk of errors. Trust in KeeperTax to streamline your tax management and maximize your potential savings.

Frequently Asked Questions

• Is the Keeper Tax good at filing taxes?

Keeper Tax is a software tool that helps users keep track of their business expenses and potential tax deductions. However, it is not a tax preparation and filing service. While Keeper Tax can be a useful tool for keeping track of expenses throughout the year, it does not actually file taxes for its users.

If you are looking for a tax preparation and filing service, there are many other options available. Some popular online tax preparation and filing services include TurboTax, H&R Block, and TaxAct. These services typically offer a user-friendly interface that guides users through the tax preparation process and provides various features and tools to help maximize tax deductions and credits.

• What happens when the Keeper Tax expires?

When the Keeper Tax subscription expires, the user will lose access to the premium features and functionality of the software. This means that any ongoing or future expense tracking, categorization, and reporting will be halted until the subscription is renewed.

However, the user’s data and information will still be stored in the Keeper Tax account. The user can still access and view their stored data, but they will not be able to use the premium features and tools offered by the software.

If the user decides not to renew their subscription, they can export their data from Keeper Tax and switch to another expense tracking or tax preparation software. Alternatively, they can choose to manually track their expenses and deductions without the help of software.

• Does Keeper Tax provide an API?

No, Keeper Tax does not provide API.

• Do you need to buy Keeper Tax every year?

Yes, you need to renew the subscription yearly to continue using their services. Keeper Tax is a subscription-based service that requires an annual fee to access its features and benefits.

• Is Keeper Tax reliable and safe?

Yes, Keeper Tax is generally considered to be a reliable and safe service. It uses bank-level encryption and follows industry-standard security practices to protect user data. Additionally, the software has a 4.9/5 rating on Trustpilot based on over 1,200 reviews as of my knowledge cutoff date of September 2021, which suggests that their users are generally satisfied with the service.

• What types of businesses can use Keeper Tax?

Keeper Tax can be used by a variety of businesses, including sole proprietorships, LLCs, S-Corporations, C-Corporations, partnerships, and more. The service is designed to help businesses of all sizes and structures manage their finances and taxes efficiently.