AceTax is a tax software that has an online version and one for downloading (windows only). AceTax has been created to display only fields that are considered ‘important’ to you. As well, during the process you can see the Canada Revenue Agency (CRA) forms being filled out.
Price: $8.99 for new users and $6.99 for returning users. Free for users under $25,000.00. See all pricing details here.
Operating System: AceTax has two versions: download and online. The downloadable version is only available for Windows where as the Online Version is compatible with Windows, Mac, Linux.
Usability: The software is surprisingly easy to use, but does require a bit of knowledge on what forms you are inputting.
Support: No support
Ability to find deductions: No deduction prompts
Bells and Whistles: No bells and whistles
Overall: AceTax is a great software for those who have an idea of what they’re doing. Even if you don’t you can probably still make along fine with the software. My only concern would be a user might miss deductions that they might not be aware of. However, AceTax is definitely good for simple tax returns.
Screenshots of AceTax
After entering your basic information you’re presented with a screen where you must select all your eligible forms. This is ok if you have an idea what you’re doing tax-wise. However, I think most people will find this screen a bit challenging as it provides too many options all at once. A general comment is that I could see people having problems determining how to save their data (ie: it’s not intuitive). I personally ran into a glitch trying to figure out what went wrong when I entered incorrect information. Eventually I determined that there is small red-words to find. However, I think it should be slightly more clear, ie: the field highlighted in red.
Advantages of AceTax
- Online – No Software to Download (unless you want to with Windows)
- 100% Canadian
- Prepare Up To 20 Returns (Different Pricing Scheme Depending on Number of Returns)
- FREE when Total Family income less than $25,000.00 (same with TurboTax and other software)
- Can delete information from the AceTax system when your tax return is complete.
Disadvantages of AceTax
- No RRSP Optimizer
- Could be a bit challenging to use for some users.
For new users ($8.99) and $6.99 for returning users with discounts for multiple returns. See all pricing details here.
Finally, this software looks good and is fairly inexpensive. The ability to delete your tax file is an added bonus for anyone who doesn’t like their personal information stored on a companies server but can cause problems the following tax year.