Softwr

Accounting · head to head

FloQast vs TaxAct

FloQast logo

FloQast

Accounting

Close management software for accounting teams

From
$29/month
Rated
-
Full reviewWebsite
TaxAct logo

TaxAct

Accounting

Get your maximum refund, guaranteed

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only TaxAct has a free tier, so it costs nothing to try first.
  • Each has a real cost: FloQast no pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against; TaxAct free edition available only to approximately 40% of filers
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which FloQast and TaxAct actually diverge.

Attributes where FloQast and TaxAct differ
AttributeFloQastTaxAct
Starting price$29/monthFree
Pricing modelsubscriptionone-time
Free tierNoYes
Founded2013Unknown

Identical on both: platforms (Web), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in FloQast

  • Close management
  • Reconciliation
  • Flux analysis
  • Audit prep
  • Team collaboration
  • NetSuite
  • QuickBooks
  • Sage

Only in TaxAct

Nothing recorded that FloQast does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

FloQast

  • Managing the accounting close with checklists and reconciliationsnot TaxAct
  • Automating account reconciliation and compliance workflowsnot TaxAct

TaxAct

  • Individual tax filingnot FloQast
  • Self-employed tax preparationnot FloQast

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

FloQast

  • No pricing is published, and the vendor states packages scale with business outcomes rather than seat count, which gives a buyer no unit to estimate against
  • The product is split into five separately packaged solution categories
  • Every route to a figure runs through a personalised demo

TaxAct

  • Free edition available only to approximately 40% of filers
  • Pricing excludes separate state filing fees
  • Xpert Full Service pricing available on request only

Pricing, plan by plan

FloQast

$29/month
  • StandardFree
    • Custom pricing
    • Close management
    • Reconciliation

TaxAct

Free
  • Free EditionFree
    • W-2 income
    • Unemployment
    • Basic credits and deductions
  • Deluxe$59.99/tax-year
    • All Free Edition features
    • Home ownership deductions
    • Childcare and dependent care
  • Premier$99.99/tax-year
    • All Deluxe features
    • Investment income and capital gains
    • Cryptocurrency reporting
  • Self-Employed$109.99/tax-year
    • Complete business support
    • For contractors, freelancers, and sole proprietors

Which should you pick?

Choose FloQast if

  • You need close management.
  • You also want reconciliation.
FloQast review

Choose TaxAct if

  • You want to start without paying.
TaxAct review

Questions people ask

Is FloQast or TaxAct better?
Neither clearly leads. FloQast starts at $29/month and TaxAct at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FloQast or TaxAct?
TaxAct has a free tier; the other does not. Paid plans start at $29/month for FloQast and Free for TaxAct.
Does FloQast or TaxAct run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use TaxAct for free?
Yes. TaxAct has a free tier, so you can try it without paying. FloQast starts at $29/month.
What is FloQast best used for?
FloQast is most often used for managing the accounting close with checklists and reconciliations, automating account reconciliation and compliance workflows. Of those, managing the accounting close with checklists and reconciliations and automating account reconciliation and compliance workflows are not what TaxAct is typically brought in for.
What can FloQast do that TaxAct cannot?
FloQast covers Close management, Reconciliation, Flux analysis, Audit prep.

Answered from the vendors’ own pages

FloQast: How much does FloQast cost?

FloQast does not publish specific pricing with dollar amounts. Instead, the company offers customized packages that scale with business outcomes rather than seat count. Pricing is tailored to each organization's unique needs, scope, and scale.

Source
TaxAct: How much does TaxAct cost?

TaxAct offers a free edition for approximately 40% of filers, Deluxe at $59.99, Premier at $99.99, and Self-Employed at $109.99 per tax year.

Source
FloQast: Does FloQast charge per user?

No. FloQast explicitly states 'No Per-User Fees. Pricing Built Around Value, Not Headcount.' The company's pricing is customized to organizational requirements rather than based on the number of users.

Source
TaxAct: Is TaxAct truly free for eligible filers?

Yes, TaxAct's Free Edition is available at no cost for W-2 employees, students, and filers meeting basic income and deduction requirements.

Source
FloQast: What is FloQast's pricing model?

FloQast uses a value-based pricing approach with customizable packages across solutions like Close Management, Compliance & Risk, Financial Reporting, and AI Automation. Each organization receives a personalized pricing recommendation based on their unique challenges and objectives.

Source
TaxAct: What is the difference between Premier and Deluxe plans?

Premier adds support for investment income, capital gains, cryptocurrency, rental properties, and home sale reporting compared to Deluxe.

Source
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