Compare TaxAct Business vs. FreshBooks

If you need an efficient Tax Software product for your business you need to make time to compare a wide range of alternatives. It doesn’t have to be complex, and can be as quick as matching their traits in a table like the one below. You will also get a good idea how each product works. As an example, on this page you can see FreshBooks’s overall score of 9.8 and compare it against TaxAct Business’s score of 8.2; or FreshBooks’s user satisfaction level at 99% versus TaxAct Business’s 90% satisfaction score. The contrast can help you identify the good and bad points of each service, and make up your mind on which fits you requirements better. On top of the robust features, the software that’s simple to grasp and use is always the better product. We know that not all people have enough time to examine dozens of various products, so we created a list of recommendations that you may find useful. Our top choices for the Accounting Software category are: FreshBooks, Sage 50cloud, Zoho Books.

TaxAct Business




TaxAct Business screenshot FreshBooks screenshot
Pricing Details


Our Score

8.2 ?

Our Score

9.8 ?

Customer Experience

Customer Experience

Customer Experience

90% ?

Customer Experience

99% ?





Pricing Type

Pricing Type

One-time payment Monthly payment | Annual Subscription
Complete Review

Complete Review

Product Info

Product Info

TaxAct is a tax preparation solution for small business owners; helping them maximize their tax deductions, providing quick data entry tools, and supporting tax and accounting data import.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Quick Links
Types of Support

Types of Support

Phone Live Support
Ticket Training
Phone Live Support
Ticket Training
Phone Number

Phone Number

+1-319-373-3600 +1-866-303-6061
Available Languages

Available Languages

English English, Dutch, Polish, Turkish, Swedish
Available Devices

Available Devices

Email Address

Email Address
Customer Types

Customer Types

Small Business | Freelancers Small Business | Freelancers


TaxAct Business works with Commission Junction, a third-party advertising company. Also, it supports affiliation with web publishers.

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • PayPal
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Contact Address

Contact Address

TaxAct, Inc
1425 60th Street NE
Cedar Rapids, IA 52402
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Pricing Details

Pricing Details

Learn more about TaxAct Business pricing Learn more about FreshBooks pricing
Available Plans

Available Plans

TaxAct Business offers four SMB and enterprise pricing plans for users to choose from, depending on whether you’re filing a tax return as a single proprietor, partnership, or a corporation. Give the details a look, and select the best plan for your business:

Sole Proprietor (Form 1040, Schedule C)

  • $47
  • Additional $38/State Return
    • TaxAct Online 2016 Premium State
  • Download Available
  • Pay when you file

Partnership – LLC (Form 1065)

  • $60
  • Additional $25/State Return
    • TaxAct Online 2016 Business State 1065
  • Bundle and Save
  • Download Available
  • Pay when you file

C Corporation (Form 1120)

  • $60
  • Additional $25/State Return
    • TaxAct Online 2016 Business State 1120
  • Bundle and Save
  • Download Available
  • Pay when you file

S Corporation  (Form 1120S)

  • $60
  • Bundle and Save
  • Download Available
  • Pay when you file

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

Popular Customers

Popular Customers

Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Available Features

Available Features

TaxAct Business FEATURES

  • Step-By-Step Guidance to Maximize Deductions
  • Import Last Year’s Return
  • Quick Data Entry Tools
  • Enter Information Directly Into Tax Forms
  • Answer Interview Questions
  • Free IRS E-File
  • Accurate Return Filing and Confirmation
  • Accounting Records Import
  • Unlimited Free Support
  • Price Lock Guarantee


Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Product Comparisons

Product Comparisons

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Popular Alternatives

Popular Alternatives



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No Tax Software will be perfect enough to solve all the requirements of a specific team. Though key features of FreshBooks and TaxAct Business are important you should also thoroughly examine the integrations supported by each app. Quote frequently your team will already be using some other SaaS software in your company and it’s always wiser to choose products that integrate well with one another. If you do that you will be able to ensure an effortless transfer of data between your teams and apps, which can considerably reduce time devoted to migrating between one service and the other.