About TaxAct
TaxAct is a company based in Dallas (United States) founded in 1998 was acquired by Cinven in November 2022. TaxAct has raised $85 million across 1 funding round from investors including TA Associates, Blucora and Cinven. TaxAct has completed 1 acquisition, including Balance Financial. TaxAct offers products and services including Free Edition, Deluxe, Premier, and Self-Employed. TaxAct operates in a competitive market with competitors including TaxDown, OnlinePajak, Blue dot, Anrok and Drake Software, among others.
- Headquarter Dallas, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Taxact, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$85 M (USD)
in 1 rounds
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Latest Funding Round
$85 M (USD), Private Equity Round
Mar 30, 2005
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Investors
TA Associates
& 2 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Products & Services of TaxAct
TaxAct offers a comprehensive portfolio of products and services, including Free Edition, Deluxe, Premier, and Self-Employed.
Free online filing for simple tax returns
Handles complex taxes like home ownership
Manages income from stocks and investments
Supports freelancers and business owners
People of TaxAct
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Funding Insights of TaxAct
TaxAct has successfully raised a total of $85M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $85 million completed in March 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TaxAct
TaxAct has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include TA Associates, Blucora and Cinven.
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Multiple sectors are invested in by private equity firm TA.
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Private equity investments and portfolio management services are provided by Cinven across various sectors.
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Investor details for TaxAct
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Investments & Acquisitions by TaxAct
TaxAct has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Balance Financial.
Investment portfolio details for TaxAct
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Personal and business finance management platform
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Complete acquisition details for TaxAct
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - TaxAct
Detailed financials for TaxAct
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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Taxact Comparisons
Peer comparison for TaxAct
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Competitors of TaxAct
TaxAct operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TaxDown, OnlinePajak, Blue dot, Anrok and Drake Software, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud and app-based tax management solutions for individuals and businesses
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Tax reporting SaaS platform is provided for SMEs.
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Tax compliance solutions are delivered for employees and businesses.
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Cloud-based sales tax compliance solution that automates tax calculation and filing for software-as-a-service companies, enabling them to focus on growth while ensuring compliance with global tax regulations
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Professional tax preparation software is developed for tax professionals.
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Detailed competitors of TaxAct
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Taxact
Complete news archive for TaxAct
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Frequently Asked Questions about TaxAct
TaxAct was founded in 1998 and raised its 1st funding round 7 years after it was founded.
TaxAct is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Curtis Campbell is the current CEO of TaxAct.
TaxAct is a funded company, having raised a total of $85M across 1 funding round to date.
TaxAct was founded in 1998 in Dallas, United States, as a software-based platform in the tax preparation sector. Federal electronic tax preparation, printing, and electronic filing services are provided, along with tax refund processing. Calculators for taxes, self-employment, and tax brackets are included in its tools. The platform is accessible via an app for Android and iOS devices, supporting operations for both individuals and businesses.
TaxAct offers Free Edition, Deluxe, Premier, and Self-Employed.
TaxAct has made 1 acquisition, including Balance Financial.
TaxAct has 3 investors. Key investors include TA Associates, Blucora, and Cinven.