Freedom251 › Small Business Tax Software
TaxFile
What TaxFile is
TaxFile is web-based tax software that uses AI to prepare returns from uploaded documents or answers to questions. It identifies deductions and credits, checks for errors, and presents each return for review and approval before e-filing through an authorized IRS e-file provider. It reads W-2, 1099-NEC, 1099-MISC, 1099-K, 1099-INT/DIV, 1099-G forms and receipts, and prepares Form 1040, Schedule C, Schedule SE, and state returns; one state return is included. TaxFile says it checks more than 200 deductions and credits against eligibility rules and explains figures in plain English. Plans include Simple at $39 a year, Self-Employed at $89 a year, and Business at $199 a year; each is billed yearly and renews each season. A live return preview is available on the homepage without signup, but there is no free plan. TaxFile describes its product as self-prepared tax software, not personalized tax, legal, or accounting advice, and recommends a tax professional for complex situations.
Who it suits
TaxFile suits W-2 employees, freelancers, gig workers, single-member LLCs, and small businesses seeking self-prepared returns. Firms and high-volume filers can consider the Enterprise option, whose price is available through sales.
What it does well
- Checks more than 200 deductions and credits.
- Includes one state return.
- Users approve returns before e-filing.
- Live return preview requires no signup.
- Plans cover W-2 and self-employed filers.
What to know first
- There is no free plan.
- Simple costs $39 a year.
- Complex situations may call for a tax professional.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Business | Billed yearly, renews each season · Single-member LLC and small business · assets and depreciation · multiple states and income streams · quarterly estimated-tax planner | $199 a year |
| Simple | Billed yearly, renews each season · W-2 employees and simple returns · federal and state return · deduction and credit sweep · automated error and audit-risk check | $39 a year |
| Self-Employed | Billed yearly, most popular · Freelancers, 1099 and gig workers · Schedule C · year-round deduction tracking · quarterly estimate reminders · priority email support | $89 a year |
| Enterprise | Contact sales · Firms and high-volume filers · multi-entity filing · dedicated account support · custom onboarding · volume pricing | On request |
As taxfile.ai lists them, read 8 Oct 2026. The maker's own page has the final word.
Verdict
TaxFile combines AI-assisted preparation with a review step before e-filing and plans for individuals and small businesses. It is self-prepared software rather than personalized professional advice, and its plans are paid.
Facts from TaxFile's own pages
- Data use
- The security page says the AI uses customer data only to prepare the return and that TaxFile collects and retains only what it needs. · taxfile.ai, 8 Oct 2026
- Deductions
- TaxFile says it checks more than 200 deductions and credits against eligibility rules and explains each figure in plain English. · taxfile.ai, 8 Oct 2026
- Enterprise option
- The Enterprise plan lists security review, dedicated account support, custom onboarding and volume pricing. · taxfile.ai, 8 Oct 2026
- Free preview
- The homepage offers a live return preview with no signup required, while the pricing page says there is no free plan. · taxfile.ai, 8 Oct 2026
- Limitations
- TaxFile describes itself as self-prepared tax software, not personalized tax, legal or accounting advice, and recommends consulting a tax professional for complex situations. · taxfile.ai, 8 Oct 2026
- Product
- TaxFile uses AI to prepare tax returns from uploaded documents or answers to questions, identify deductions and credits, and check for errors. · taxfile.ai, 8 Oct 2026
- Review and filing
- Users review and approve each return before it is e-filed through an authorized IRS e-file provider. · taxfile.ai, 8 Oct 2026
- Security
- TaxFile says data is protected with 256-bit encryption in transit and at rest, access is limited and logged, and personal information is not sold or shared for advertising. · taxfile.ai, 8 Oct 2026
- Support
- TaxFile lists email support at [email protected] and says its team usually replies within one business day. · taxfile.ai, 8 Oct 2026
- Supported forms
- The product reads W-2, 1099-NEC, 1099-MISC, 1099-K, 1099-INT/DIV, 1099-G and receipts, and prepares Form 1040, Schedule C, Schedule SE and state returns. · taxfile.ai, 8 Oct 2026
- Target users
- The listed plans are aimed at W-2 employees, freelancers, 1099 and gig workers, single-member LLCs, small businesses, firms and high-volume filers. · taxfile.ai, 8 Oct 2026
Where TaxFile stands on Freedom251
- Small Business Tax Software#21 of 30
- AI Tax Software#29 of 32