Top 5 Options for Business Tax Filing

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TL;DR

  • TurboTax: User-friendly with QuickBooks integration, but costly for complex returns.
  • H&R Block Online: Affordable with in-person support, but limited for LLCs.
  • TaxAct: Budget-friendly, but lacks advanced features and professional support.
  • Local Accountants: Personalized advice, but high costs and slower response times.
  • TaxSlayer: Simple and affordable, but lacks bookkeeping integration.


Tax season is upon us. That means tax forms, deadlines, and figuring out which option makes tax season a breeze. The right business tax filing tool out there will be one that doesn’t make you spend too much time or money to sort the tax side of your business. 

But which tool do you opt for? What do you compare? In this blog, we’re exploring the 5 best tools for business tax filing for you in 2025. Ready to find out the most popular tax solutions for small businesses? 

1. TurboTax

TurboTax has become a go-to name for tax filing and for good reason. It’s designed to make taxes feel less intimidating by walking you through the process step-by-step, almost like having a conversation with a tax expert. 

If you’re already using QuickBooks for bookkeeping, you’ll love the seamless integration between the two platforms. While TurboTax is user-friendly, keep in mind that it’s not the cheapest option, especially for businesses with more complicated returns.

Pros of TurboTax:

  • User-friendly interface that simplifies the filing process
  • Step-by-step guidance designed for users without tax expertise
  • Live assistance from tax professionals and CPAs for extra support
  • QuickBooks integration to streamline bookkeeping and imports
  • Audit support tools to prepare and respond to IRS inquiries

Cons of TurboTax:

  • Higher costs for LLCs, corporations, and complex returns
  • Time-consuming data entry, requiring organized records upfront
  • Frequent upsells for premium features and services
  • No bookkeeping support, requiring separate tools for organization

2. H&R Block Online

H&R Block Online combines online convenience with the reassurance of having physical locations for in-person assistance. It’s a versatile choice for small business owners, particularly sole proprietors, who want affordability and flexible support options. 

You can easily switch between online and in-person services as needed. H&R Block also offers tax review services to help catch deductions and maximize returns. However, it primarily caters to simpler businesses and may not fully meet the needs of LLCs or corporations.

Pros of H&R Block Online:

  • Competitive pricing that makes it more affordable than TurboTax
  • In-person support available at thousands of physical locations
  • Tax review services to optimize deductions and ensure accuracy
  • Mobile-friendly platform for filing on the go
  • Audit support to assist with IRS-related issues

Cons of H&R Block Online:

  • Limited support for LLCs and corporations
  • Varied experience levels among tax pros, with some lacking CPA credentials
  • No bookkeeping services, requiring organized financial records in advance

3. TaxAct

TaxAct is a budget-friendly alternative for business owners who want essential tax filing tools without the frills. It’s ideal for experienced filers who feel comfortable navigating tax software with less guidance. 

TaxAct provides accuracy guarantees and screen-sharing support, but its interface is more utilitarian compared to competitors. Businesses with complex needs may find its limited professional support and lack of advanced features to be drawbacks.

Pros of TaxAct:

  • Affordable pricing for businesses of all structures
  • Accuracy guarantee to reduce filing errors and ensure compliance
  • Screen-sharing support for troubleshooting and guidance
  • Flat pricing model without added fees for business structures
  • Trial availability to explore features before committing

Cons of TaxAct:

  • Basic interface lacking an intuitive design and modern features
  • Limited professional support, with no live video options
  • Minimal advanced tools, which may not suit complex filing needs

4. Local Accountants

Sometimes, there’s no substitute for a personal touch. Hiring a local accountant gives you access to expert advice and customized strategies to maximize deductions. They’re especially helpful if your business has a more complicated structure or paper-based records. 

Accountants can also advise on deductions and strategies to minimize liabilities. That said, personalized service comes with a higher price tag, and it’s not always the fastest option.

Pros of Local Accountants:

  • Expert advice tailored to complex tax situations
  • Face-to-face interactions for personalized support
  • Handles paper records for businesses with physical receipts
  • Year-round support for tax planning and consulting
  • Custom strategies to optimize deductions and credits

Cons of Local Accountants:

  • Higher costs, especially for complex returns or catch-up bookkeeping
  • Limited availability during busy tax seasons
  • Catch-up bookkeeping fees, adding costs for disorganized records

5. TaxSlayer

TaxSlayer is a budget-friendly software focused on freelancers and small businesses looking for simplicity and affordability. Its straightforward design appeals to self-employed individuals who don’t need advanced features or extensive professional support. 

TaxSlayer’s mobile accessibility makes it great for entrepreneurs on the go, but its lack of bookkeeping integration and limited tools for complex tax needs may not work for larger businesses.

Pros of TaxSlayer:

  • Affordable pricing that fits smaller budgets
  • Beginner-friendly interface with simple navigation
  • Phone and email support for quick assistance
  • Self-employment focus with tailored tools
  • Mobile accessibility for filing from anywhere

Cons of TaxSlayer:

  • Limited features compared to more expensive platforms
  • No bookkeeping integration, requiring manual data input
  • No in-person support, relying solely on online help

Bonus: Receiptor AI

A good tax solution is one that takes away the headache of knowing your tax figures. That’s what Receiptor AI is for. While Receiptor AI isn’t a traditional tax filing solution, it’s an AI-powered tool designed to simplify expense tracking and bookkeeping. 

It’s especially helpful for businesses looking to stay organized throughout the year and prepare for tax season. Receiptor AI reduces manual data entry and complements other tax software by automating receipt tracking and categorizing expenses. 

Pros of Receiptor AI:

  • AI automation for organizing and categorizing receipts
  • Cloud-based storage for easy access and backups
  • Integration support with accounting software for smoother workflows
  • Affordable plans suitable for small businesses
  • Time-saving features to reduce bookkeeping efforts

Cons of Receiptor AI:

  • Not a complete tax solution, focused only on expense tracking
  • Initial setup effort, requiring customization for specific needs

Final Thoughts

Choosing the best tax filing solution depends on your business’s size, needs, and preferences. Whether you prefer the DIY approach or the personalized expertise of local accountants, each solution offers unique benefits. However, no matter which tool you use, accurate bookkeeping is the foundation of a stress-free tax season.

That’s where Receiptor AI comes in. By automating receipt tracking, expense organization, and data preparation, Receiptor AI ensures your records are always tax-ready. Don’t wait until tax season is in full swing—sign up for Receiptor AI today and simplify your bookkeeping while saving time and money!

Frequently Asked Questions

What are the top 5 business tax filing options for 2025?

The top 5 business tax filing options for 2025 include TurboTax, H&R Block Online, TaxAct, local accountants, and TaxSlayer, each offering unique features.

Which business tax solution is best for simplicity?

TaxSlayer is a budget-friendly and simple solution for freelancers and small businesses looking for an easy-to-use filing tool.

What are the pros of using TurboTax for business tax filing?

TurboTax offers a user-friendly interface, step-by-step guidance, QuickBooks integration, and audit support, but it can be costly for complex returns.

How can H&R Block help small business owners?

H&R Block provides affordable pricing, mobile-friendly platforms, in-person support, and tax review services to maximize deductions for small business owners.

What is Receiptor AI and how can it help with tax filing?

Receiptor AI automates receipt tracking and categorizes expenses, reducing manual bookkeeping and preparing businesses for tax season.

Laiba Tariq
By Laiba Tariq

Last update on January 05, 2025 · 4 min read

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