Best Tax Software for Small Business Filing in 2022
By Michelle Loredo
Are you ready for tax season this year? Are you looking to switch from your current tax software and not sure where to start? The SBDC is here to help. We've created an exclusive list of the best tax software for small business filing in 2022.
CCH Axcess Tax
CCH Axcess Tax is part of a cloud-based management software firm. They offer desktop software that offers fully integrated tax preparation and workflow solution specifically for cloud use. If you are looking for pricing information, contact a CCH Axcess Tax representative for more details.
If you are currently working with CCH IntelliConnect, you can integrate the program and others under the same firm.
Pros Include:
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CCH Axcess Modules Integration
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Common Core Database
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Dynamic Preparer Notes
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E-Filing Capability
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System Error Alerts
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Tax Organizer
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Tax Research Tools
Cons Include:
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Add-ons With Additional Cost
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Cannot Import Data from QuickBooks Files
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Pricing Is Not on Website
Lacerte Tax Software
Lacerte Tax Software is Intuit’s tax preparation software. It prepares complicated tax returns, and if you are a QuickBooks user, you can easily import your balances from QuickBooks Desktop. It's aimed to help you streamline your business tax filing operations.
Pros Include:
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Built-in Missing Client Data Tool
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Comprehensive Form Library
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Online Organizers
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Planning Tools
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Tax Analysis
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Trial Balance Utility
Cons Include:
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No Forms-Based Data Entry
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No Integrated Billing Clock
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No Upfront Pricing
Proconnect Tax Online
Proconnect Tax Online is a top choice for tax preparation functions for QuickBooks online users. You can integrate it into your QuickBooks dashboard. If you use the program, you will have to pay-per-return on the total of returns. The business returns start at $117.95, and after the ninth usage, it decreases to $59.95. If you are not a business, the first nine returns start at $94.95.
Pros Include:
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Can Integrate with QuickBooks
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Cloud-based System
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No Annual License Fee
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Online Filing
Cons Include:
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Expensive Pay-Per-Return Pricing
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No Unlimited Returns
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Not Customizable Client Letters and Invoices
ProSeries Professional
ProSeries Professional is aimed to help small businesses manage their taxes. If you are a QuickBooks user, you can import your existing account balances information. To explore features and pricing, view the ProSeries Professional pricing packages.
This program can process Tax Forms 1040, 1120, 1120S, 1065, 1041, 990, 706, & 709. It can not prepare Tax Form 5500 returns.
Pros Include:
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Hosting Integration
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Online Filing
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Tax Planning
Cons Include:
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Cons Include
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Additional Fees for Multiuser Access
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Extra Charges for Pay-Per-Return
QuickBooks
QuickBooks is a financial management program that will help you prepare different tax forms. It has different pricing options starting currently at $12.50 a month. Pricing may change; please check for accuracy.
Pros Include:
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Accountant Tools
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Automated Reporting
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Phone App Available
Cons Include:
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Does Not Support Complex Tax Filings
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Lacking Customer Support
SBDC Resources
The SBDC is here to help. We have an extensive library of recorded webinars covering finance management and taxes.