# Formations Software Pricing, Alternatives & More 2026 | Capterra > With the help of Capterra, learn about Formations Software - reviews, pricing plans, popular comparisons to other Corporate Tax products and more. Source: https://www.capterra.com/p/10035808/Formations --- # Formations Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on March 13, 2026 Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support) Formations ## What is Formations? Formations is a tax management software for self-employed professionals, streamlining financial operations with comprehensive solutions. Specializing in S-Corporation management, it handles business structure setup, payroll, and tax filing. The platform evaluates individual business needs to implement tax strategies aligned with financial goals. Features include automated bookkeeping, financial dashboards for income, expenses, and tax insights, and integration with business banking. Additional tools like retirement plans and healthcare benefits enhance its offerings. Combining tax expertise with technology, Formations provides a centralized system for managing business finances, ensuring tax compliance, optimized structures, and financial visibility. ## What is Formations used for? [Corporate Tax](https://www.capterra.com/corporate-tax-software/) Top alternative Featured Overall rating Based on 0 user reviews Reviews sentiment Positive \- Neutral \- Negative \- Starting price $500 Flat Rate, Per Year Free trial not available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Formations?[Manage this product listing](https://digitalmarkets.gartner.com/get-listed/claim-bx?url=https://formationscorp.com&name=Formations) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Formations 0.0 VS. [3.5 (73)](https://www.capterra.com/p/119968/TaxCloud/reviews/) Starting Price $500 Flat Rate, Per Year Starting Price $19 Usage Based, Per Month Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 0.0 (0) Ease Of Use 3.3 (72) Value For Money 0.0 (0) Value For Money 3.3 (67) Customer Service 0.0 (0) Customer Service 3.0 (66) ## Formations alternatives [4.4 (3,307)](https://www.capterra.com/p/120109/Xero/reviews/) Starting price $25.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 88% of reviewers rated it above 4 stars Highest Rated [4.6 (8)](https://www.capterra.com/p/240758/Longview-Tax/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 100% of reviewers rated it above 4 stars [4.0 (355)](https://www.capterra.com/p/75673/AvaTax/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 76% of reviewers rated it above 4 stars [MyTAXPrepOffice](https://www.capterra.com/p/179883/my-TAXprep-office/) [4.5 (237)](https://www.capterra.com/p/179883/my-TAXprep-office/reviews/) Starting price $695.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 90% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/179883/my-TAXprep-office/) ## FAQs about Formations Overview ### What company size and specific industries is Formations built for? Formations is designed for freelancers, consultants, and small professional service businesses, including real estate agents, developers, designers, video editors, music supervisors, copywriters, producers, architects, and lawyers. It fits independent professionals and client-facing firms that need support for service-based work across creative, legal, and real estate sectors. Features and Usability ### What are the key features of Formations? Formations offers corporate and business tax features for electronic filing, tax calculation, tax compliance, tax filing, and tax planning. These core capabilities support preparation, submission, and management of business tax obligations in one system. Pricing ### How much does it cost and what fees or limitations are included? Formations starts at $500 per year for the Business-in-a-Box flat rate, plus state fees. The LLC Management plan costs $199 per user/month, and S-Corp Management costs $350 per user/month. Business-in-a-Box includes LLC incorporation and registration, while higher tiers add bookkeeping, tax filing, and expert support. Integrations ### Which third-party tools and platforms does Formations integrate with? Formations integrates with 3 third-party tools for accounting and payroll: Gusto, Hurdlr, and Xero. These catalog integrations connect Formations to bookkeeping, tax tracking, and payroll-related workflows, giving users a small set of core finance platform options. Getting Started and Support ### What training and onboarding options does Formations offer? Formations provides live online sessions, webinars, documentation, and videos to help teams get started. Live online sessions and webinars support guided instruction, while documentation and videos offer written and visual reference materials for self-paced learning and review. Getting Started and Support ### What customer support options does Formations offer? Formations provides email/help desk, FAQ/forum, knowledge base, phone support, and chat. Customer feedback on support quality is not available here, so the support experience cannot be assessed from reviewer comments. The listed channels suggest multiple ways to seek help for setup, usage, and account questions. ## Features Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically. Corporate/Business Software specialized for corporate use Electronic Filing Transmit documents to regulatory authorities over the web Tax Calculation Calculate tax and make deductions on gross income from sources like wages, investments or self-employment Tax Compliance Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors Tax Filing The completion of documentation that calculates earned income and the taxes to be paid, also called a tax return Tax Planning Financial planning for tax purposes Formations 6 features Software specialized for corporate use Transmit documents to regulatory authorities over the web Calculate tax and make deductions on gross income from sources like wages, investments or self-employment Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors The completion of documentation that calculates earned income and the taxes to be paid, also called a tax return Financial planning for tax purposes ## Pricing Business-in-a-Box $500.00 Flat Rate,Per Year It includes: - LLC Incorporation & Registration - Business Bank Account - Beneficial Ownership Information Report LLC Management $199.00 Per User,Per Month It includes: - Automated Bookkeeping - Personal 1040 Filing - Business Compliance & Audit Protection S-Corp Management $350.00 Per User,Per Month It includes: - S-Corp Election - Payroll & Owner Distribution - Access to Tax & Accounting Experts - Personal and Business Tax Return Prep & Filing - Custom Add-Ons ## Integrations [ Gusto](https://www.capterra.com/p/131882/Gusto/)[ Xero](https://www.capterra.com/p/120109/Xero/)[ Hurdlr](https://www.capterra.com/p/204042/Hurdlr/) ## Support, customer service and training options Support - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat Training - In Person - Live Online - Webinars - Documentation - Videos Deployment - Web - Android - iPhone/iPad Typical users - Freelancers - Small businesses - Mid size businesses - Enterprises ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox.