All Business States, Easier Practice Management and Dedicated Customer Care Enable Tax Preparers to Deliver Enhanced Client Services

Cedar Rapids, Iowa – Oct. 20, 2015 - Taxact®, the value leader of professional tax preparation and filing solutions, today announced its 1040, 1041, 1065, 1120, 1120S and new 990 Tax-Exempt Organizations Federal Editions are now available. All TaxAct 2015 Preparer's Editions offer comprehensive tools for organization, year-end tax planning and return preparation.

"TaxAct 2015 Preparer's Editions include a robust set of new enhancements and features driven by customer feedback and our heightened focus on the professional tax preparation market. With even more time-saving tools, TaxAct helps tax professionals increase efficiencies to prepare more returns in less time,” commented TaxAct President JoAnn Kintzel. "Support of all business states, streamlined installation and setup processes and dedicated support for all professional customers are among this year's enhancements.”

Efficient, accurate and secure tax return preparation

TaxAct has been updated with the latest tax law changes so tax professionals can calculate clients' federal and state 2015 taxes and assist with year-end planning. Client lists and all associated data entered now will be securely maintained and available when preparers update to the final version. With even greater security measures, TaxAct provides tax professionals with added account protection. Also new this year, Preparer's 990 Federal Editions are offered for the annual informational return required for some 501(c)(3) organizations.

TaxAct Preparer's Editions will support all 1065, 1120 and 1120S states in tax year 2015, giving tax professionals a complete suite of federal and state business products. Additionally, TaxAct will include several new 1041 State Editions, bringing the total number of supported 1041 states to nearly 30.

Tax professionals can expedite 2015 return preparation using comprehensive import capabilities for all of last year's TaxAct returns and PDFs of 1040 returns prepared with other major professional tax software. Preparers can choose how they wish to enter additional information with flexible data entry options. Data can be entered directly into tax forms, via the Q&A interview, or preparers can toggle between the two options.

Easier practice management and enhanced client service tools

TaxAct's new account management hub, Practice Manager, gives tax professionals one convenient place to securely access additional products, features and practice information. Enterprise Edition owners now have the option to set up their networks in the cloud. With this feature, tax professionals will have access to their account, practice and client information anywhere and anytime they have an internet connection. Enterprise customers can still network locally, if they prefer.

In addition, all professional customers now have dedicated support, a service that was previously available to non-Enterprise customers for an extra fee. Accessible via email or phone, TaxAct's team of support professionals are available to assist with any tax, technical or other questions.

Upcoming client portal streamlines workflow

Tax professionals will soon be able to extend the functionality of their TaxAct software with the addition of TaxAct Professional Client Xchange. This new portal, branded with the individual practice's name and logo, will enable preparers to securely exchange tax forms, documents and returns with their clients. A secure, password-protected website, TaxAct Professional Client Xchange will streamline workflows, helping preparers realize even greater efficiency.

The Client Xchange will be available in January for an introductory price of $79.99 per tax year (reg. $99.99).

Value leader in professional software and e-filing

TaxAct 2015 Preparer's Federal Editions are $129.99* each and Preparer's Federal Enterprise Editions are $199.99 each. State Editions are $24.99 per state per edition or $99.99 for each All-States Edition.

TaxAct also offers low-cost e-filing for all federal returns, all 1040 state returns and many state returns for partnerships, corporations, and estates and trusts. Preparers can either purchase a TaxAct Bundle with federal and state software plus unlimited e-filing, or pay $9.99 per SSN/EIN by return type (1040, 1041, 1065, 1120, 1120S or 990). Per-return e-filing price covers both federal and state(s) returns.

Preparers can elect to receive email and text notifications from TaxAct when clients' e-filed returns are processed by the IRS and states.

State Editions of 1040, 1041, 1065, 1120S and 1120, along with Final versions of Federal Editions, will be released in January. Final versions will contain additional features and enhancements including more comprehensive e-file status reporting. E-filing will also be available in Final versions facilitating expedient return submissions to the IRS and state taxing agencies as soon as the applicable agency opens for e-file acceptance.

*All prices subject to change.

About TaxACT

TaxAct is a leading provider of affordable digital and download tax preparation solutions for individuals, business owners and tax professionals. Its mission is to empower people to navigate the complexities of tax and finance with ease and accuracy at a fair price. TaxAct was one of the top three visited online tax preparation destinations for the last two tax seasons. The company 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

Contact

Shaunna Morgan
TaxACT Public Relations
pr@taxact.com
(319) 531-3626

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