Tax time can be a stressful experience for tax preparers. It can be overwhelming with so many complicated forms, filing deadlines, and regulations to keep track of. But luckily, there are excellent tax software programs that make the process simpler and more accessible. These programs can help you save time, reduce errors, and get prepare taxes done quickly and accurately. To make it even easier, we’ve compiled a list of the best tax software for Tax Preparers in 2023 that doesn’t require an Electronic Filing Identification Number (EFIN).
These programs are built with the specific needs of tax professionals in mind. They offer easy data entry, extensive tax law knowledge, automatic calculations and deductions, error-checking technology, and electronic filing capabilities. Plus, they are all updated with the latest tax laws, so you can rest assured that your taxes will be filed accurately and on time.
Tax Software for Tax preparers is a specialized program that simplifies tax preparation. Individuals, small businesses, and large companies can use these programs. Rather than manually entering data into various forms, tax software automates the process and helps users quickly find deductions and credits they may be eligible for.
Let’s take a look at the best tax software for Tax preparers in 2023 that don’t require an EFIN:
- H&R Block
- Jackson Hewitt
- Drake Tax
H&R Block is the best free tax software for tax preparers, best known for its streamlined user experience and comprehensive feature set. With H&R Block, you can easily file your federal taxes and simultaneously file state taxes at no additional cost. In addition, you also get access to various features such as online assistance from tax pros (including live chat and video), reporting stocks, bonds, and other investment income, and more.
With H&R Block, you get real-time updates on your returns and the ability to upload a picture of your W-2 to gain important information for filing taxes. The best part is that you get 100% accuracy when filing with H&R Block, and if any error occurs on their behalf, they’ll pay up to a $10,000 penalty. That’s just some of it, as H&R Block allows you to claim small business expenses easily.
- Deluxe: Starts at $49.99 + $44.99 per state filed
- Premium: Starts at $69.99 + $44.99 per state filed
- Self-employed: Starts at $109.99 + $44.99 per state filed
- Online assistance starts at $69.99 + $39.99 per state filed
- Accurate: Guaranteed 100% accuracy, with up to a $10,000 penalty if H&R Block makes a mistake.
- Tax Pro Assistance: Get help from tax pros online via video or live chat.
- Investment Income: Report stocks, bonds, and other investment income.
- State Taxes: File federal and state taxes at no additional cost.
- W-2 Upload: Upload a picture of your W-2 to quickly access vital information for filing taxes.
- Real-Time Updates: Get real-time updates on returns filed.
- Small Business Expenses: Easily claim small business expenses.
Jackson Hewitt’s tax software is designed to make filing taxes a breeze, no matter the size of your business. This online tax preparation tool offers step-by-step guidance for filing federal and state returns and live chat support so you can be sure you are completing forms correctly and getting the best deductions available. It also has automatic error checking to take advantage of all savings opportunities. The best part is you can easily download W-2s and employer information to make filing even easier! With Jackson Hewitt’s tax software, you’ll have all the best tools at your fingertips and be able to file taxes quickly without stressing over the process.
- Live Chat Support – Have questions while preparing your taxes? Jackson Hewitt’s has you covered with their live chat support.
- Federal and State Returns supported: Jackson Hewitt’s has a solution for you, whether you’re filing federal or state returns.
- Easily download W-2s and employer info: With Jackson Hewitt’s tax software, you can easily download your W-2s from employers with just one click.
- Automatic Error Checking: Get the best deductions available and ensure you are taking advantage of savings opportunities with Jackson Hewitt’s automatic error checking.
eFile.com is a user-friendly tax preparation software that makes filing taxes easy, whether you are an individual or a business filing taxes. It has many features such as e-filing of federal and state returns, online chat support, auto verification for best deductions available for your situation, and even allows users to create an account with multiple tax profiles. With eFile.com, you also get access to refund anticipation loans and free federal filing with their Free tier, so you can easily see your estimated return amount before filing.
- Free for income below $100000
- Deluxe: $25 for W-2 and 1099 income
- $35 for payments above $100000
- Federal and state returns supported: Easily file your federal and state returns with eFile.com
- Refund anticipation loans: Get access to refund anticipation loans before you have to pay taxes
- Free Federal filing: Get free federal filing with eFile.com when you use their Free tier
- Online chat support: Have questions while preparing your taxes? eFile.com has you covered with their online chat support.
- Multiple tax profiles: Easily create an account with various tax profiles to manage all your taxes in one place.
- Auto verification for best deductions available: Get the best deductions available and make sure you aren’t missing out on any savings opportunities with eFile.com’s auto verification feature.
TaxSlayer is an excellent option for tax preparers looking to simplify the filing process. This online software offers step-by-step guidance and comes with live chat support to ensure you are completing forms correctly and getting the best deductions available. It also has automatic error checking, tax-saving estimations, and a best-in-class pricing structure. With TaxSlayer, you can easily import W-2s and employer information to make filing even easier!
- Pro Premium: $1,495
- Pro Web: $1,395
- Pro Web + Corporate: $1,795
- Pro Classic: $1,195
- Live Chat Support: Have questions while preparing your taxes? TaxSlayer has you covered with their live chat support.
- Federal and State Returns supported: Whether you’re filing federal or state returns, TaxSlayer has a solution for you.
- Easily import W-2s and employer info: With tax slayer’s tax software, you can easily import your W-2s from employers with just one click.
- Automatic Error Checking: Get the best deductions and ensure you get all the savings opportunities with tax slayer’s automatic error checking.
- Best-in-Class Pricing Structure: TaxSlayer has a best-in-class pricing structure, so you don’t have to worry about spending too much on preparing your taxes.
- Tax-Saving Estimations: Get an estimation of your potential tax savings with tax slayer’s tax-saving analyses.
TurboTax is a powerful tax software for tax preparers, which enables them to easily and quickly handle all their taxes related tasks. It offers users an intuitive interface with best-in-class tax preparation tools without prior experience or knowledge of tax law. With TurboTax, users can calculate their taxes accurately, maximize deductions, and get expert advice. It also offers tips to its users to help them maximize their tax deductions. Apart from this, the best part about TurboTax is that it comes with several videos and articles, making understanding the software’s functioning easier than ever. Furthermore, TurboTax ensures complete accuracy while filing taxes by providing easy-to-follow rules and regulations. Lastly, TurboTax provides users with various e-filing options to send their tax returns electronically.
- Calculate Taxes Accurately: With the help of TurboTax, users can accurately calculate their taxes and maximize deductions.
- Get Expert Advice: Users are provided with expert advice to help them make the best decisions while filing taxes.
- Learn Easily: The software comes with an array of videos and articles which make it easier for users to understand the functioning of TurboTax.
- Multiple E-file Options: This software also offers various e-file options, which makes it easier for users to send their tax returns electronically.
Drake Tax is professional tax preparation software designed explicitly for tax preparers. With Drake’s easy-to-use interface, you can stay organized and efficiently manage your clients’ taxes with real-time filing status updates. Plus, no EFIN number is required to use the software. It also offers best-in-class pricing, unlimited technical support, and an intuitive user experience. Drake Tax also comes with multiple tax forms and a comprehensive library of tax resources to help you breeze through returns in no time!
Cloud Hosted: $2,395
Real-Time Filing Status Updates: Drake Tax provides real-time filing status updates, so you can easily track the progress of your client’s returns.
No EFIN Required: With Drake Tax, no EFIN number is required to use the software.
Best-in-Class Pricing: Get best-in-class pricing with Drake Tax and manage your taxes efficiently without breaking the bank.
Unlimited Technical Support: Get complete technical support with Drake Tax to get help anytime.
Tax Forms & Resources: This software also provides a comprehensive library of tax forms and resources to cover all your bases while preparing returns.
If you’re a tax preparer looking for best-in-class software that is easy to use, and comes with expert advice and a best-in-class price structure, then TaxSlayer and Drake Tax are the best options. With these two tax preparation businesses, you can easily manage your taxes efficiently and track real-time filing status updates. Also, no EFIN number is required to use either of this software. So go ahead and choose the best tax software for you!
TaxSlayer and Drake Tax are the best options for you as a tax preparer looking for best-in-class software that is easy to use, comes with expert advice and best-in-class support, and does not require an Electronic Filing Identification Number (EFIN).
To open your own tax business, you need a Preparer Tax Identification Number (PTIN). This is issued by the Internal Revenue Service (IRS).
Q3. What is professional tax software?
A3. Professional tax software is designed for professional tax preparers and accountants to help them file taxes for their clients quickly and accurately. This type of software often offers a range of features, from automated calculations and filing options to best-in-class customer service and advice.
The best features, affordability, and customer service choices areTaxSlayer and Drake Tax. Both offer best-in-class support and advanced tools that make preparing taxes quickly and accurately easier.
A professional tax preparer can offer advice on best practices when it comes to filing taxes and help identify qualified deductions that may be available to reduce your overall liability and increase your potential refunds or credits. They will also have the knowledge to spot any errors or omissions that could lead to an audit by the IRS.
Yes, best-in-class software should provide you with the option of e-filing your returns directly with the Internal Revenue Service (IRS). This is a secure and efficient way to file taxes, as it eliminates the need to print out and mail in the tax return.