Filing taxes is not anyone's idea of fun, but it's something we all have to do annually. Fortunately, we live in an age where technology can make our lives easier. There are numerous apps designed to make tax season a bit less painful and significantly more organized.
These apps can simplify your personal tax filing or streamline the process if you're self-employed or own a small business. Here are the best apps to make taxes easier next year and how they can help you streamline filing, reduce stress, and even save money.
Explore some of the best apps that can make tax filing next year easier, faster, and less stressful.
TurboTax is one of the most well-known and widely used tax apps, appealing to a broad audience, from simple filers to small business owners and freelancers. One of its main benefits is its step-by-step guidance, ensuring you don't miss any deductions or credits you're eligible for.
Even beginners will find TurboTax user-friendly. It tracks your progress in real-time and suggests what deductions to avoid, ensuring you don't end up overpaying. It also supports various tax forms and can import data from previous returns, saving you from manually entering information. TurboTax is a comprehensive tool that not only files your taxes but also helps you maximize your tax refund.
Additionally, TurboTax provides access to tax experts if you need help. You can easily connect with professionals for advice and guidance, which is particularly helpful for complex filings involving multiple income streams or business expenses.
H&R Block is another top contender for simplifying tax filing. Known for its professional tax services, H&R Block offers an app that makes tax filing easy while also providing access to professional assistance if needed. This balance of ease of use and expert support makes it a great option.
The H&R Block app can handle both simple and complex tax returns, guiding users through each section. For more complex cases, like those involving self-employment or rental income, the app provides advanced features to ensure accurate filing.
It can also import W-2 and 1099 forms directly from your employer, saving time and reducing errors. H&R Block allows for both state and federal tax filing through the app, and you can schedule in-person or virtual appointments with tax experts for additional reassurance.
For those seeking an affordable and straightforward tax solution, TaxSlayer is worth considering. This app focuses on providing a simple tax filing experience without the extra frills of other apps. It's especially useful for individuals filing basic returns who don't require complex features.
TaxSlayer's low cost makes it attractive for those who prefer not to spend much on tax prep services. It offers clear instructions to help you file your taxes quickly and efficiently and includes a refund calculator to estimate your tax return before filing.
While it may not offer as many advanced features as TurboTax or H&R Block, TaxSlayer provides everything most people need for accurate tax filing. It supports a range of tax forms and allows for both federal and state returns, making it a no-frills, budget-friendly option.
TaxAct is another reliable app to consider for next year's tax filing. It's praised for affordability and efficiency, making it a great choice for those with slightly more complex filings, such as itemized deductions or additional schedules.
TaxAct offers a simple interface for document uploads and form completion. A unique feature is its tax pro review, allowing an expert to review your return before filing, adding an extra layer of security.
TaxAct can import W-2 forms and calculate deductions, but it stands out for its lower pricing compared to competitors. For budget-conscious filers who still want professional-level support, TaxAct provides a balance of affordability and functionality.
For freelancers, independent contractors, and small business owners, QuickBooks Self-Employed is one of the best apps for tax management. Designed specifically for individuals managing business expenses and taxes, it offers tools to track income and expenses, organize receipts, and manage deductions throughout the year.
The app automatically categorizes expenses, helping you know what to write off at tax time. It also estimates quarterly taxes, helping freelancers avoid year-end surprises.
A key feature is its integration with TurboTax, allowing seamless data transfer for filing. This integration simplifies the tax process, making it valuable for freelancers who need to stay organized and avoid last-minute stress.
Tax season doesn't have to be a headache. With the right apps, you can streamline your filing process, maximize deductions, and avoid costly mistakes. Whether you're looking for a comprehensive solution like TurboTax, a budget-friendly option like TaxSlayer, or a specialized app for freelancers like QuickBooks Self-Employed, there are plenty of tools to make tax time easier.