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John Clendening, BlucoraTaxAct can now connect its software customers with tax professionals. The capability has been added through integration with Taxfyle, a tax and accounting marketplace.  Similarly, H&R Block has introduced TaxEdge, to link users of Everlance and Hudir, which provide tracking and reporting income and expenses for freelancers, with Block preparrs.

Customers who begin preparing their returns via the TaxAct software can connect with CPAs and Enrolled Agents to have returns completed.

"While TaxAct provides innovative solutions, tools and resources to help tax filers prepare their own returns, we understand that situations change from year to year and filers may want the experience of a licensed tax professional," John Clendening, CEO of TaxAct's parent company Blucora, said in a prepared statement.

Users can select Taxfyle with their TaxAct return to launch the application in order to create a work request and connect to a professional series of questions that can be answered with "Yes" or "No" are presented before a price quote is presented from a CPA or EA.

Requests are first handled by CPAs and EAs who either use TaxAct Professional software or tax professionals who are financial advisors of HD Vest, TaxAct's sister-company, before utilizing Taxfyle network.

Block says TaxEdge may be made more widely available next.

Jason Houseworth, Block's chief innovation officer, said in a prepared statement that TaxEdge gives clients "direct access to a tax professional. This centralized team of tax experts will be housed with a client service professional who serves as a tax concierge for TaxEdge clients".

Information from Everlance and Hurdlr is integrated with TaxEdge. Clients can then work with an H&R Block tax professional. TaxEdge is priced at $199 to file a federal and state return. Houseworth said an average charge for a professional to prepare a Schedule C return is $500.

Last modified on Tuesday, 17 January 2017
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