TaxAct is an online tax preparation software that helps individuals and businesses file their income taxes. It offers various plans tailored to different needs, including free options for simple tax situations and paid versions for more complex filings. Users can easily navigate the platform, which provides step-by-step guidance and support throughout the tax filing process. In addition to tax filing, TaxAct offers features like tax calculators, refund tracking, and access to prior year returns. The software is designed to maximize deductions and credits, ensuring users get the best possible refund while remaining compliant with IRS regulations.