How AI Powers Modern Tax Experiences
From AI-assisted filing to intelligent workflows, we're building faster, more connected tax experiences for consumers and professionals.
SmartFile AI
Your documents become your return.
Upload tax documents and SmartFile helps organize information, answer questions, and guide you through filing in real time, including resolving alerts and review items automatically when possible. Available for individual and small business filers on desktop and mobile.
- AI-powered prefilling from uploaded documents
- Voice-to-text and optimized mobile chat experience
- Proactive alert resolution with plain-language explanations
- Knowledgebase informed by the IRS and TaxAct Blog
- Available for individual and small business filers
Practice Management
Run your firm with smarter, more connected workflows.
Drake Hub and Drake Workflow help tax professionals manage client engagement, automate operational tasks, and improve visibility across the practice. Connected workflows help firms move faster without sacrificing control.
- Centralized client and engagement management
- Automated workflows and communication tools
- Integrated with Drake's tax preparation platform
- Improved visibility across the practice
- Scales operations without expanding headcount
What we've shipped
See what's new in Taxwell, from faster navigation to powerful new tools that simplify every step.
August 2026
BETASmartReview™ V2
Resolve filing issues without leaving the return.
The redesigned File screen in Drake Tax Online™ surfaces every blocking diagnostic inline, with full context and AI-powered guidance to explain each issue and walk preparers through resolution. No more toggling between screens to understand what went wrong and how to fix it.
August 2026
Full Business Package Support
Every return type, one platform.
Drake Tax Online™ now natively supports the complete range of business return packages: Corporate (1120), Fiduciary (1041), Tax-Exempt (990), and Estate (706). Firms can prepare and file every return type online without switching to Drake Tax Desktop.
August 2026
SmartExtract™: Now on Desktop
Structured data from every document, on every platform.
SmartExtract™ is now available in both Drake Tax Online™ and Drake Tax Desktop. AI-powered extraction identifies form types, pulls key data from uploaded client documents, and maps it directly into the return, whether files are uploaded locally or carried over from Drake Portals®. The same speed and accuracy, now across the full Drake ecosystem.
August 2026
SmartFile AI: Mobile & Knowledge Upgrades
A faster, more natural SmartFile experience, now with voice.
SmartFile's mobile chat experience has been redesigned for speed and clarity, and mobile users can now use voice-to-text to interact with SmartFile hands-free. We've also expanded SmartFile's knowledgebase to include content from the TaxAct Blog and the IRS, giving it a deeper, more nuanced understanding of tax topics so it can provide more relevant, informed support throughout the filing journey.
July 2026
SmartReview™
Intelligent review built into the filing workflow.
SmartReview™ integrates an AI-powered assistant directly into Drake Tax Online, enabling tax professionals to review returns, resolve diagnostics, and confirm e-file readiness, all within a single workflow. The result is fewer errors, faster resolution, and a more confident path to filing. Available now in Drake Tax Online; coming soon to Drake Desktop.
July 2026
SmartExtract™
Structured data from every document, instantly.
SmartExtract™ applies AI to uploaded client documents, identifying form types, extracting key data, and mapping it directly into the return. Whether files are uploaded locally or carried over from Drake Portals, the path from document to populated return is faster and more accurate. Available now in Drake Tax Online; coming soon to Drake Desktop.
July 2026
TaxAct Claude Connector
Now live as an official connector in Claude's marketplace
TaxAct is now an official connector inside Claude, so filers can compare filing costs, estimate taxes, get a document checklist, and connect with a TaxAct expert, right from the chat. No personal or financial data is linked or retained on TaxAct's systems.
July 2026
SmartFile AI: Reviews & Alerts
Clearer guidance when something needs your attention.
SmartFile now helps customers understand and resolve issues right in their return. When something needs attention, SmartFile explains it in plain language so customers know exactly what's needed. In many cases, it can fix the issue automatically using information already in their documents, highlight what changed, and show where the answer came from. If a customer still needs to take action, SmartFile takes them straight to the right place in their return and brings them back when they're done.
June 2026
Donation Assistant
Noncash Charitable Donation Value Tracker
Donation Assistant helps TaxAct filers value noncash charitable donations with fair market estimates based on real resale-market data and IRS-compliant methodology. Search what you donated, select its condition, and build an itemized ledger you can download for your records. Whether you itemize or take the standard deduction, you get informed totals that flow onto your return so you can make the right tax decision with confidence.
June 2026
SmartFile AI for Small Business
SmartFile meets SMB: AI-assisted filing for business filers.
SmartFile AI is now available to TaxAct small business customers, bringing the same AI-powered document organization, guided filing, and real-time support to more complex returns. Business filers can upload documents, get AI-assisted prefilling, and move through their return with greater speed and confidence.
April 2026
Smarter Document Uploads
Upload tax documents directly into TaxAct and let AI do more of the work.
Our expanded document upload experience helps organize and process tax forms faster, reducing manual entry, simplifying complex workflows, and helping customers move through filing with greater speed and confidence.
March 2026
SmartFile AI
Your documents become your return.
SmartFile AI is TaxAct's AI-assisted filing experience designed to simplify and guide the tax journey.
Upload your tax documents and SmartFile helps organize information, understand context, and guide users through the filing process in real time. By reducing manual entry and simplifying complex steps, SmartFile creates a faster, more connected filing experience with greater clarity and confidence.
March 2026
Xpert Full Service Agent Dashboard
Smarter tools for faster, more connected tax preparation.
AI helps tax experts organize information, identify missing details, and prepare returns more efficiently. Structured summaries and workflow intelligence reduce back-and-forth and help teams move from review to filing faster.
January 2026
Xpert Full Service Prior Year Return Review
AI that helps experts prepare before the work begins.
Before documents are even uploaded, AI reviews prior-year returns to help identify relevant tax situations and generate a more personalized onboarding experience. Customers spend less time gathering information and more time moving toward completion.
January 2026
TaxAct Mobile
A more flexible tax experience, powered for how people file today.
TaxAct Mobile makes it easier to start, continue, and complete your return from anywhere. AI-assisted experiences help simplify the process, reduce friction, and keep customers moving forward with confidence.
January 2026
Refund Advance
Need access to your refund sooner?
With a TaxAct Refund Advance loan, eligible customers can receive between $250 and $1,000 in as little as 24 hours after IRS acceptance. There are no loan fees and no interest. It's a simple way to get funds faster while you finish your taxes with confidence.
January 2026
Document Upload
Skip manual entry and let AI do more of the work.
Upload tax documents directly into TaxAct and our AI-powered extraction tools help organize and map information into the right places in your return. Less manual input means faster filing, fewer errors, and a more streamlined experience.
January 2026
Xpert Full Service
Credentialed tax experts, powered by AI.
TaxAct Xpert Full Service combines credentialed tax expertise with AI-assisted workflows designed to simplify and accelerate the filing experience.
From document organization to return preparation and review, AI helps streamline the process so experts can work more efficiently while customers move forward with greater confidence.
The result is a faster, more connected experience built around accuracy, transparency, and trusted support.
