The tax preparation software industry provides individuals and businesses with essential tools to simplify the process of filing taxes. Companies in this sector develop software solutions aimed at both private consumers and professional tax preparers, helping to ensure accurate and compliant submissions. With the rise of e-filing and digital solutions, the sector has seen significant technological advances to enhance user experience and efficiency. As regulatory environments continuously adapt, companies are increasingly integrating automation and artificial intelligence to streamline workflows and improve accuracy, making their services vital for modern tax compliance.

This list highlights 21 notable tax preparation software companies, varying in size from small firms with under 50 employees to larger organizations that employ thousands. Headquartered across the globe, including the USA, Canada, India, and Germany, these companies were founded between the mid-20th century and the early 2010s. Each company specializes in tailored solutions, serving the unique needs of individuals, tax professionals, and businesses, showcasing their adaptability in an evolving market.

Read on to discover the top tax preparation software companies.

Top 21 Tax Preparation Software Companies

1. TaxAct

• Website: taxact.com
• Ownership type: Private Equity
• Headquarters: Dallas, Texas, United States (USA)
• Employee distribution: United States (USA) 99%, Other 1%
• Latest funding: $720.0M, November 2022
• Founded year: 1998
• Headcount: 51-200
• LinkedIn: taxact

TaxAct Holdings, Inc., based in Dallas, Texas, is a tax preparation service company that has been operational since 1998. The firm specializes in providing a variety of software solutions designed for both individual and business tax filing needs. TaxAct's product lineup includes several editions of its software, catering to different user requirements, from simple W-2 filings to more complex business tax returns. The company operates primarily online, allowing users to access tools and expert advice aimed at maximizing tax refunds and ensuring accurate filings. TaxAct has filed over 94 million returns since its inception, showcasing its extensive experience in the industry. In November 2022, the company received $720 million in funding, reflecting strong investor interest and confidence in its growth trajectory. TaxAct also emphasizes data privacy and security, implementing advanced measures to protect user information, which is crucial in the tax preparation sector.

2. TaxSlayer

• Website: taxslayer.com
• Ownership type: Private Equity
• Headquarters: Augusta, Georgia, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: January 2021
• Founded year: 1965
• Headcount: 201-500
• LinkedIn: taxslayerllc

TaxSlayer LLC, based in Augusta, Georgia, is a tax preparation service and software provider that has been operational since 1965. The company specializes in offering a variety of online tax preparation products designed for both individual consumers and tax professionals. Their software enables users to file state and federal tax returns electronically, streamlining the tax filing process. TaxSlayer also provides business technology solutions that cater to legal, bookkeeping, and HR/payroll services, indicating a broader engagement with financial technology. The company has a workforce of approximately 322 employees, primarily located in the United States. TaxSlayer's commitment to customer service is evident through their various support options, including live chat and dedicated assistance for premium users. They also promote tools like refund calculators and mobile apps to enhance user experience.

3. ClearTax India

• Website: cleartax.in
• Ownership type: Venture Capital
• Headquarters: Bengaluru, Karnataka, India
• Latest funding: January 2022
• Founded year: 2010
• Headcount: 1001-5000
• LinkedIn: cleartaxindia

ClearTax India, founded in 2010 and based in Bengaluru, Karnataka, is a prominent tax service provider in India. The company specializes in offering a wide range of solutions that facilitate tax filing, GST compliance, and financial management. ClearTax serves a broad audience, including individual taxpayers, small and medium enterprises (SMEs), and tax professionals. Their platform allows users to file income tax returns quickly, often in under three minutes, and provides tools for managing GST and e-invoicing. ClearTax has garnered a significant user base, with over 6 million tax returns filed and partnerships with thousands of businesses and tax experts. The company is recognized for its innovative fintech solutions and has received accolades for its contributions to the industry. ClearTax operates under the ownership of Defmacro Software Pvt. Ltd. and has not reported any recent funding, indicating a stable operational status.

4. Drake Software

• Website: drakesoftware.com
• Ownership type: Private Equity
• Headquarters: Franklin, North Carolina, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: February 2021
• Founded year: 1977
• Headcount: 501-1000
• LinkedIn: drake-software

Drake Software, based in Franklin, North Carolina, is a private equity-owned company that specializes in tax preparation software and related services. Founded in 1977, it has built a reputation for providing comprehensive solutions for professional tax preparers and accountants. Their product lineup includes Drake Tax, which serves as a central hub for tax return preparation, as well as web-based solutions that allow for flexible, online filing. The company also offers productivity tools like Drake Portals for secure document exchange and Drake Accounting for bookkeeping and payroll services. With a workforce of around 598 employees, Drake Software is dedicated to enhancing the efficiency of tax practices through innovative technology and exceptional customer support. They have not reported any recent funding, indicating a stable operational model focused on serving their existing customer base.

5. Avalara

• Website: avalara.com
• Ownership type: Private Equity
• Headquarters: Durham, North Carolina, United States (USA)
• Employee distribution: India 49%, United States (USA) 40%, United Kingdom (UK) 7%, Other 4%
• Latest funding: January 2023
• Founded year: 2004
• Headcount: 1001-5000
• LinkedIn: avalara

Avalara, Inc. is a technology company based in Durham, North Carolina, founded in 2004. The firm specializes in tax compliance automation software, providing a suite of products designed to help businesses navigate the complexities of tax calculations, returns, and compliance across multiple jurisdictions. Avalara serves a broad spectrum of industries, including retail, manufacturing, and hospitality, and caters to businesses of all sizes, from small enterprises to large corporations. Their flagship product, AvaTax, automates sales tax calculations, while their Returns product simplifies the preparation and filing of tax returns. Avalara's solutions are cloud-based, allowing for real-time updates and integration with various business systems. The company has a significant global presence, with customers in over 75 countries, and employs a workforce that is largely distributed across the United States and India. As of January 2023, Avalara has not reported any recent funding, indicating a stable operational status.

6. TaxTron Inc.

• Website: taxtron.ca
• Ownership type: Private
• Headquarters: Toronto, Ontario, Canada
• Employee distribution: Canada 100%
• Founded year: 2000
• Headcount: 11-50
• LinkedIn: taxtron-inc-

TaxTron Inc., based in Toronto, Ontario, is a private company that specializes in tax preparation software for the Canadian market. Established in 2000, TaxTron has developed a range of products designed to simplify the tax filing process for both individuals and businesses. Their software is available for various platforms, including Windows and Mac, and supports multiple languages, reflecting their commitment to accessibility. TaxTron also offers training courses to help users better understand tax preparation, further enhancing their service offerings. The company prides itself on providing robust customer support, which has contributed to a loyal user base. With over 100,000 satisfied clients, TaxTron continues to focus on delivering innovative solutions that meet the evolving needs of Canadian taxpayers.

7. Steuerbot

• Website: steuerbot.com
• Ownership type: Corporate
• Headquarters: Fellbach, Baden-Württemberg, Germany
• Employee distribution: Germany 100%
• Latest funding: February 2023
• Founded year: 2017
• Headcount: 11-50
• LinkedIn: steuerbot

Steuerbot GmbH, founded in 2017 and based in Fellbach, Baden-Württemberg, Germany, is a tax preparation service that focuses on providing a user-friendly application for individuals to file their tax returns efficiently. The company caters primarily to consumers such as employees, students, and retirees, offering support from tax experts throughout the filing process. Steuerbot's innovative platform allows users to complete their tax returns in approximately 20 minutes by answering simple questions, which helps demystify the tax filing experience. The app is designed to be accessible on various devices, including smartphones and desktops, ensuring that users can manage their tax affairs conveniently. With a strong emphasis on security, Steuerbot transmits user data through encrypted channels, ensuring compliance with legal standards. The company has successfully returned over €900 million in tax refunds to its users, showcasing its impact in the industry. Steuerbot has gained recognition as one of the best-rated tax apps in Germany, reflecting its growing popularity and effectiveness in the market.

8. wundertax

• Website: wundertax.de
• Ownership type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Employee distribution: Germany 89%, Croatia 11%
• Latest funding: Series A, $4.7M, December 2017
• Founded year: 2015
• Headcount: 11-50
• LinkedIn: wundertax-gmbh

Wundertax GmbH, based in Berlin, Germany, is a tax preparation service that offers an online platform designed to help individuals efficiently file their tax returns. Established in 2015, the company initially targeted students, providing them with tools to claim tax refunds on educational expenses. Over time, Wundertax expanded its offerings to cater to a broader audience, including employees, self-employed individuals, and specific professions like police and military personnel. The platform is built to guide users through the tax filing process, ensuring they can maximize their refunds with minimal prior knowledge required. Wundertax operates on a pay-per-use model, allowing users to create their tax returns for free and only pay upon satisfaction with the results. The company has attracted venture capital funding, totaling approximately €4.7 million, which underscores its growth potential and commitment to enhancing the user experience in tax preparation. With a focus on security, customer satisfaction, and a user-friendly interface, Wundertax positions itself as a significant player in the tax preparation software industry.

9. UltimateTax

• Website: ultimatetax.com
• Ownership type: Private
• Headquarters: Muscatine, Iowa, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2006
• Headcount: 11-50
• LinkedIn: ultimate-tax

UltimateTax, based in Muscatine, Iowa, is a private tax preparation software company founded in 2006. With a workforce of 11-50 employees, UltimateTax has established itself as a reliable provider of tax software solutions for professionals. The company offers a variety of products tailored for tax preparers, including online and desktop software options. Each year, UltimateTax supports over 50,000 tax preparers, providing tools designed to streamline the tax return preparation and filing process. Their emphasis on customer support is evident through their 365-day service model, which ensures that users have access to assistance whenever needed. Additionally, UltimateTax facilitates free data conversions from other tax software, making it easier for new clients to transition to their platform. This focus on service and support positions UltimateTax as a relevant player in the tax preparation software industry.

10. CrossLink Professional Tax Solutions

• Website: crosslinktax.com
• Ownership type: Private Equity
• Headquarters: Lathrop, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: February 2018
• Founded year: 1974
• Headcount: 51-200
• LinkedIn: crosslink-professional-tax-solutions

CrossLink Professional Tax Solutions, based in Lathrop, California, has been a player in the tax software industry since its inception in 1974. The company specializes in providing professional tax software solutions tailored for tax preparers and offices. Their product lineup includes CrossLink 1040, CrossLink Online, and CrossLink Business, all designed to enhance the efficiency of tax preparation processes. CrossLink serves a variety of clients, from individual tax offices to larger franchises and service bureaus, indicating their broad market appeal. The company actively engages with its customers, incorporating their feedback into software updates, which reflects a strong commitment to user satisfaction. CrossLink has not reported any recent funding, suggesting a stable operational model without reliance on external financial support.

11. MyTAXPrepOffice

• Website: mytaxprepoffice.com
• Ownership type: Private
• Headquarters: Cheyenne, Wyoming, United States (USA)
• Employee distribution: United States (USA) 88%, India 12%
• Founded year: 2014
• Headcount: 51-200
• LinkedIn: mytaxprepoffice

MyTAXPrepOffice, based in Cheyenne, Wyoming, is a private tax preparation software provider that has been operational since 2014. The company specializes in offering a range of plans and services specifically designed for tax professionals. Their software facilitates unlimited tax preparation, e-filing, and integrated bank products, enabling tax preparers to manage their operations efficiently. MyTAXPrepOffice primarily serves businesses in the accounting and tax preparation sector, providing tools that enhance productivity and client interaction. The company also places a strong emphasis on customer support, offering training webinars and a solution center to assist users. With a workforce of around 24 employees, MyTAXPrepOffice has carved out a niche in the tax software market, focusing on affordability and user-friendly features.

12. Cleartax EMEA

• Website: cleartax.com
• Ownership type: Private
• Headquarters: Riyadh, Riyadh, Saudi Arabia
• Employee distribution: India 57%, Belgium 13%, Saudi Arabia 13%, Other 17%
• Founded year: 2010
• Headcount: 1001-5000
• LinkedIn: cleartaxmiddleeast

Cleartax EMEA, based in Riyadh, Saudi Arabia, is a private company founded in 2010. It specializes in tax services, providing a range of software solutions aimed at simplifying tax filing, GST compliance, and financial management. The company caters to a broad audience, including individuals, small and medium-sized enterprises (SMEs), and large corporations. Cleartax EMEA is recognized for its innovative technology that streamlines financial processes and ensures compliance with tax regulations. With a workforce that includes a significant percentage of employees from India, Belgium, and the UK, the company leverages a global perspective in its operations. Cleartax has established itself as a trusted partner for over 6 million tax returns filed, showcasing its impact in the tax preparation software market.

13. TaxCycle

• Website: taxcycle.com
• Ownership type: Private
• Headquarters: Calgary, Alberta, Canada
• Employee distribution: Canada 100%
• Founded year: 2010
• Headcount: 11-50
• LinkedIn: taxcycle

TaxCycle, based in Calgary, Alberta, is a private tax software provider that has been operational since 2010. The company focuses on delivering a comprehensive suite of solutions specifically designed for accountants and bookkeepers in Canada. TaxCycle's software facilitates tax compliance and preparation, allowing professionals to manage tax returns efficiently. Their product lineup includes various tax modules such as TaxCycle T1, T2, T3, and T4, among others, which cater to different aspects of tax preparation. The company also offers tools for electronic filing, data management, and client communication, enhancing the overall user experience. TaxCycle is known for its commitment to customer support, providing resources like webinars and training to help users maximize the software's potential. With a dedicated focus on the Canadian market, TaxCycle has carved out a niche that addresses the specific needs of tax professionals in the region.

14. PRSoft, Inc.

• Website: prsoft.com
• Ownership type: Private
• Headquarters: United States (USA)
• Employee distribution: Puerto Rico 100%
• Founded year: 1993
• Headcount: 11-50
• LinkedIn: prsoft-inc.

PRSoft, Inc. is a private tax software provider based in San Juan, Puerto Rico, founded in 1993. The company specializes in tax preparation and filing solutions tailored for both individuals and corporations operating within Puerto Rico's unique tax framework. Their product suite includes PRPay®, which assists businesses with payroll obligations, PRTax® for individual income tax returns, PRCorp® for corporate tax filings, and PropTax® for property tax calculations. PRSoft also offers training services to help users maximize the efficiency of their software. With a dedicated focus on local tax compliance, PRSoft has established itself as a key player in the Puerto Rican tax software market, serving a clientele that includes both individual consumers and businesses.

15. Sprintax

• Website: sprintax.com
• Ownership type: Private
• Headquarters: New York, New York, United States (USA)
• Employee distribution: Bulgaria 46%, United States (USA) 30%, Ireland 16%, Other 8%
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: sprintax

Sprintax, founded in 2013 and based in New York City, is a tax preparation service that specializes in assisting nonresident aliens with their tax compliance needs in the United States. The company offers a user-friendly platform that enables international students, J-1 visa holders, and businesses with international employees to file their tax returns and prepare necessary forms. Sprintax is dedicated to ensuring that its customers maximize their tax refunds while remaining compliant with IRS regulations. With over one million federal tax returns filed and a strong focus on customer support, Sprintax has established itself as a go-to solution for nonresidents navigating the complexities of U.S. tax law. Their services include the preparation of various tax forms, such as 1040-NR and 8843, and they also provide tools for reclaiming overpaid taxes. The company has partnered with numerous educational institutions and corporate entities to support their nonresident populations, further solidifying its role in the tax preparation industry.

16. MyExpatTaxes

• Website: myexpattaxes.com
• Ownership type: Private
• Headquarters: Vienna, Vienna, Austria
• Employee distribution: Austria 92%, Italy 8%
• Founded year: 2018
• Headcount: 11-50
• LinkedIn: my-expat-taxes

MyExpatTaxes, founded in 2018 and based in Vienna, Austria, is a tax service company that specializes in providing tax preparation and consulting services for U.S. citizens living abroad. With a team of international tax experts, the company offers a range of resources, including tax tips verified by IRS Enrolled Agents and CPAs, webinars, and various calculators to help expatriates navigate their tax obligations. MyExpatTaxes has developed a user-friendly platform that allows individuals to file their taxes efficiently, whether they choose to do it themselves or with the assistance of a tax professional. The company has garnered a positive reputation, with thousands of users and numerous five-star reviews on platforms like Google and Trustpilot. Their focus on U.S. expat tax compliance positions them as a relevant player in the tax preparation software industry, particularly for those needing specialized support while living outside the United States.

17. Servizi CGN Società Benefit

• Website: cgn.it
• Ownership type: Private
• Headquarters: Pordenone, Friuli-Venezia Giulia, Italy
• Employee distribution: Italy 100%
• Founded year: 1995
• Headcount: 201-500
• LinkedIn: servizi-cgn-societa-benefit

Servizi CGN Società Benefit, founded in 1995 and based in Pordenone, Italy, is a tax service provider that offers a wide array of software solutions and consulting services aimed at tax preparation, accounting, and legal compliance. With a workforce of approximately 254 employees, the company serves a variety of clients, including private individuals, businesses, and professionals. CGN is particularly known for its user-friendly software, such as the 730 and RED models, which facilitate the tax filing process. The company also provides extensive support and training for its users, ensuring they can effectively utilize the software to meet their tax obligations. CGN's commitment to innovation is evident through its software factory, which focuses on developing agile solutions tailored to the needs of its clients. The company operates entirely within Italy, emphasizing its dedication to the local market and its understanding of the specific fiscal regulations that govern it.

18. TaxJar | A Stripe company

• Website: taxjar.com
• Ownership type: Corporate
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 60%, Canada 20%, India 20%
• Latest funding: April 2021
• Founded year: 2013
• Headcount: 51-200
• LinkedIn: taxjar

TaxJar, a subsidiary of Stripe, is a tax compliance software provider based in Boston, Massachusetts. Founded in 2013, the company has developed a cloud-based platform that automates the sales tax life cycle for over 20,000 businesses across various sectors, including retail and SaaS. TaxJar's platform simplifies sales tax calculations, reporting, and filing, helping businesses navigate the complexities of sales tax compliance across multiple jurisdictions. The company has built a reputation for its innovative technology and customer support, making it a valuable resource for businesses looking to streamline their sales tax processes. TaxJar integrates seamlessly with popular e-commerce and ERP platforms, enhancing its utility for businesses engaged in online commerce. The company has not reported any recent funding, indicating a stable operational model since its acquisition by Stripe.

19. Taxfyle

• Website: taxfyle.com
• Ownership type: Venture Capital
• Headquarters: Miami, Florida, United States (USA)
• Employee distribution: United States (USA) 98%, Other 2%
• Latest funding: Series B, $20.0M, February 2022
• Founded year: 2015
• Headcount: 51-200
• LinkedIn: tickmark-inc.

Taxfyle, founded in 2015 and based in Miami, Florida, is an accounting service company that specializes in online tax filing, bookkeeping, and consultation services. The firm connects clients with licensed CPAs and EAs, ensuring that tax preparation is handled accurately and efficiently. Taxfyle primarily serves clients in the United States, offering a user-friendly platform that simplifies the management of financial needs. The company has grown to employ between 51 and 200 people and has recently secured $20 million in Series B funding as of February 2022, highlighting its active role in the industry and potential for future expansion. Taxfyle's services are designed to maximize savings for clients while providing peace of mind through professional oversight.

20. Refunds Today

• Website: secure.refundstoday.com
• Ownership type: Private
• Headquarters: Los Angeles, California, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1989
• Headcount: 11-50
• LinkedIn: refunds-today

Refunds Today, based in Los Angeles, California, is a private tax preparation software provider founded in 1989. With a team of 11 to 50 employees, the company specializes in delivering a comprehensive suite of solutions designed for tax professionals and businesses. Their product offerings include individual and business tax software, W-2/1099 preparation tools, and educational resources aimed at helping clients navigate complex tax laws. Refunds Today is committed to improving the efficiency and accuracy of tax filing processes, providing essential support to its users. The company also emphasizes customer service, offering bilingual support and free training to ensure that clients can effectively utilize their software. This focus on education and support reflects their dedication to fostering long-term relationships within the tax preparation industry.

21. Wolters Kluwer Steuertipps

• Website: steuertipps.de
• Ownership type: Private
• Headquarters: Mannheim, Baden-Württemberg, Germany
• Employee distribution: Germany 100%
• Founded year: 1973
• Headcount: 51-200
• LinkedIn: steuertipps-de

Wolters Kluwer Steuertipps, based in Mannheim, Baden-Württemberg, Germany, is a private tax consulting and software company founded in 1973. With a dedicated team of approximately 51-200 employees, the company provides a comprehensive suite of resources aimed at simplifying tax preparation and financial planning. Their offerings include tax software, educational materials, and online consulting services tailored for both individuals and businesses. Steuertipps focuses on helping clients understand and optimize their tax returns while staying compliant with current regulations. The company also features a variety of tools such as tax calculators, templates, and checklists, enhancing the user experience and facilitating efficient tax filing. Their commitment to providing up-to-date information and resources reflects their active role in the tax preparation industry.

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