TaxAct Becomes the First Major Tax Preparation Company to Offer an Online Form 990 Product, Helping Tax-Exempt Organizations Save Time and Money

CEDAR RAPIDS, IA--(Marketwired - Mar 23, 2016) - TaxAct®, the leading provider of affordable digital and download tax preparation solutions, has expanded its do-it-yourself (DIY) offerings to include the Tax-Exempt Organizations Edition. As the only major DIY tax software provider to offer a federal Form 990 online product, TaxAct helps organizations such as those exempt from income tax, nonexempt charitable trusts and non-profits, affordably file required 990 informational tax forms with ease. The convenience of an online product enables filers to start their informational returns anywhere, on any device, and finish anytime. TaxAct's download and online versions of 2015 Tax-Exempt Organizations Edition are being offered at an introductory price of $39.99*.

"Until now, non-profits and tax-exempt organizations haven't had an online DIY product from one of the three major tax software providers at their disposal to prepare their informational return," said JoAnn Kintzel, TaxAct president. "In line with our mission to provide everyone with DIY tax software that is both easy to use and fairly priced, our Tax-Exempt Organizations Edition enables these organizations to confidently file on their own and save money."

TaxAct offers the necessary federal forms and schedules that these organizations need to file conveniently by their respective deadlines. No matter the type of organization, TaxAct's easy-to-use Q&A interview helps filers complete the federal informational return required to keep their tax-exempt status.

TaxAct offers unlimited free tax and technical support, as well as:

• TaxAct Alerts - This feature meticulously inspects a return for any errors, omissions and valuable tax-saving opportunities (for Form 990-T filers) that may have been missed.
• Depreciation Summaries - These reports make reviewing current, future and accumulated assets fast and easy. Both fiscal & short year calculations are reported.
• TaxAct Guarantees - Price Lock Guarantee (Online), Satisfaction Guarantee (Online) and Money-Back Guarantee (Download)
• Forms Available - 37 forms and schedules are supported, including Forms 990, 990-EZ, 990-N, 990PF Return of Private Foundation, 990-T Exempt Organization Business Income Tax Return and 8868 (extension of time to file).
• Federal E-filing - Available for 34 Forms, including Forms 990, 990PF, 990-EZ, 990-N, and 8868 (extension of time to file).
  
  

*Price subject to change.

About TaxAct
TaxAct provides the best deal in tax so individuals, business owners, tax-exempt organizations and tax professionals can save money on tax preparation. A leading provider of affordable digital and download tax software, the company's mission is to empower people to navigate the complexities of tax and finance with ease and accuracy at a fair price. TaxAct has long-offered a Price Lock Guarantee on its products, ensuring its customers pay the price listed for their selected product at the time they started their return, no matter when they file. TaxAct was one of the top three visited online tax preparation destinations last tax season¹ and has assisted with approximately 60 million e-filed federal returns since 2000. To learn more about TaxAct, a business of Blucora, Inc. (NASDAQ: BCOR), visit www.TaxAct.com or connect with us on Facebook, LinkedIn and Twitter.

¹ According to collective week end reports for taxact.com released by Compete Inc.