Top 5 Tax Software Options for Small Businesses
Top 5 Tax Software Options for Small Businesses Photo by Kelly Sikkema on Unsplash

You've many responsibilities as a small business owner. Tax preparation is one of them, which is both complex and time-consuming. You have to be careful when filing tax returns for your small business. One small error in your tax claim could result in a tax audit. If an error is found during the audit, you'd be liable tor penalties and interest.

Luckily, there are many tax software options for small businesses that can help you accurately file tax returns. The tax software programs allow you to maximize your tax deductions, avoid audits, file from the comfort of any device, import tax files from previous tax software and maintain a record of taxes. You can also save on business expenses by not hiring a tax professional.

We have listed the top five tax software options for small businesses that are user-friendly and help you prepare an accurate tax return.


1. Freetaxusa

Freetaxusa is an excellent tax solution for you if you're running a small business. It guarantees maximum returns and accuracy. The software lets you import PDF files of previous tax returns from other tax software. You can file taxes properly with its simple-to-use interface. Freetaxusa has an email-based customer support team to help you in complicated tax situations.

This software with basic features and a simple interface is apt for small business owners. You can file tax returns through its cloud-based online software. During tax preparation, you'll get help through pop-up messages and a banner tracker so that you complete the steps correctly.

2. H&R Block

H&R Block helps you with tax preparation and offers you a great user experience. As a small business owner, it is the right choice for you as it covers most tax situations. You can get your return checked by a tax professional before filing to ensure accuracy and maximum refund.

You can work on any device, store data in the cloud, and get recommendations for deductions. H&R Block allows you to import data from tax forms and other software. You can file taxes online or use downloadable software with H&R Block. Additionally, you have accounting benefits as H&R Block has a tie-up with Xero.

3. LibertyTax

LibertyTax is a leading tax software that promises maximum tax deductions and accuracy. You can confidently file taxes with this software as it double checks every calculation. The easy-to-use interface allows you to file taxes online quickly. Apart from chat, email and social media, you can get in-person support, which is the highlight of LibertyTax.

The software is ideal for established small businesses and those that are just starting out. You can learn more about taxes through their education courses, which are present online and offline. You can get in-person help when you are stuck in a complicated tax situation, especially when you're new to filing taxes for your business.

4. ProConnect

ProConnect is an excellent tax software for small businesses. You can use the software on various platforms. Its user-friendly interface lets you easily navigate and enter data for tax filing. You can review important elements like names, amounts, and numbers on ProConnect to make your tax return accurate. The software helps you maximize your accuracy with its calculations and diagnostics.

Another great feature of this software is that you can import files from excel, since it's compatible with QuickBooks. ProConnect allows you to import multiple files at the same time. You can get to know more about taxes through their online training tools, videos and webinars.


5. TurboTax

TurboTax is one of the top tax software programs for small business owners. The easy-to-use software helps you file taxes correctly as per the tax laws. You shouldn't have to worry about the new tax laws, as their updates take care of it. TurboTax lets you run error checks to ensure that your tax returns are accurate.

A great aspect of the software is that it suggests small-business tax deductions that apply to you. If you have multiple businesses, this software is right for you. You can easily file taxes online for your small business with its tax defense and audit support. A new feature offers you live support from an experienced certified public accountant or an enrolled agent, if necessary.


There are a few aspects you should consider while exploring tax software options for small businesses. The software program should offer a good user experience and include features required to prepare an accurate tax return. Choose a tax software that is affordable and has good customer reviews. It is good to go for a tax software program that offers both tax support and technical support. You can confidently file taxes on your own using the software without hiring a professional preparer.