The ‘Big Three’ Tax Software Packages Lose Market Share as Apps for Smaller Firms Surge

TaxACT, ATX, Drake, ProSeries and TurboTax surge in popularity.

Market Share of Leading Tax Prep Products, 2012 (source: AICPA)

By Rick Telberg

The three leading tax software packages may be losing ground to applications designed for smaller, younger firms, according to new trend data. The reasons may be several and connected, driven by smaller firms looking to spend less, according to CPA Trendlines analysis.