--- title: "Formations Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Formations Software - reviews, pricing plans, popular comparisons to other Corporate Tax products and more." source_url: "https://www.capterra.com/p/10035808/Formations/" page_type: "product" language: "en" --- # Formations Software Review 2026: Features, Reviews, Integrations, Pros & Cons Last updated on September 24, 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://www.g2.com/products/formations/claim_requests/new?auto=true) ## Formations Overview Updated September 2026 AI summary Formations is a cloud-based corporate tax solution built for small businesses seeking support with tax calculation, electronic filing, tax planning, and compliance. It helps companies manage business tax obligations through automated filing and planning tools, and integrates with platforms like Gusto, Hurdlr, and Xero. Optional tiers extend to LLC incorporation, bookkeeping, payroll, and expert support. ## 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. [4.4 (3,329)](https://www.capterra.com/p/120109/Xero/reviews/) Starting Price $500 Flat Rate, Per Year Starting Price $25 Flat Rate, Per Month Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 0.0 (0) Ease Of Use 4.4 (241) Value For Money 0.0 (0) Value For Money 4.2 (229) Customer Service 0.0 (0) Customer Service 4.0 (233) ## Formations alternatives [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 Highest Rated [MyTAXPrepOffice](https://www.capterra.com/p/179883/my-TAXprep-office/) [4.6 (241)](https://www.capterra.com/p/179883/my-TAXprep-office/reviews/) Starting price $895.00 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/) [Drake Tax](https://www.capterra.com/p/176133/Drake-Tax/) [3.8 (116)](https://www.capterra.com/p/176133/Drake-Tax/reviews/) Starting price $349.99 Per User, Per Month Pricing Options Free Trial Free Version User Rating 66% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/176133/Drake-Tax/) [H&R Block](https://www.capterra.com/p/123072/H-R-Block-At-Home-Premium-Business/) [4.1 (73)](https://www.capterra.com/p/123072/H-R-Block-At-Home-Premium-Business/reviews/) Starting price $54.99 Per User, Per Month Pricing Options Free Trial Free Version User Rating 81% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/123072/H-R-Block-At-Home-Premium-Business/) ## FAQs about Formations Overview ### What company size and specific industries is Formations built for? Formations is designed for small businesses, independent professionals, and service-based teams across real estate, legal services, design, consulting, development, video editing, music supervision, copywriting, production, and architecture. It fits users who work in client-facing, project-based fields and need support for business formation and related administrative tasks. Features and Usability ### What are the key features of Formations? Formations offers corporate and business tax features, including electronic filing, tax calculation, tax compliance, tax filing, and tax planning. These functions support the preparation, submission, and management of business tax obligations across filing and compliance workflows. Pricing ### How much does it cost and what fees or limitations are included? Formations starts at $500 per year for Business-in-a-Box, plus state fees. LLC Management costs $199 per month per user, and S-Corp Management costs $350 per month per user. Business-in-a-Box includes LLC incorporation and registration, while higher tiers add bookkeeping, tax filing, payroll, and expert support. Integrations ### Which third-party tools and platforms does Formations integrate with? Formations integrates with 3 third-party tools: Gusto, Hurdlr, and Xero. These integrations cover payroll, expense tracking, and accounting, giving Formations connections to core business and financial platforms used for setup and ongoing operations. Getting Started and Support ### What training and onboarding options does Formations offer? Formations provides live online sessions, webinars, documentation, and videos for training. Live online sessions and webinars support guided instruction, while documentation and videos give teams written and visual reference material for self-paced review and setup. Getting Started and Support ### What customer support options does Formations offer? Formations provides email/help desk, FAQ/forum, knowledge base, phone support, and chat. Support is described by the catalog channels only, with no reviewer feedback available to gauge response times or service quality. Users can turn to these options for setup questions, troubleshooting, and account help. ## Features AI summary Based on 250 Corporate Tax reviews Capterra reviewers highlight these as the features buyers value most when choosing corporate tax software: - **Tax Filing** (**74%** of reviewers rated this feature as critical) - **Tax Forms** (**66%**) - **Tax Calculation** (**74%**) Formations supports **Tax Filing** and **Tax Calculation**, giving businesses the tools to prepare submissions accurately and handle tax amounts with greater confidence. However, it does not include **Tax Forms**. Instead, it offers **Electronic Filing** (**70%**), which still covers an important part of the filing process by helping businesses submit tax documents digitally. Together, these features help businesses reduce manual work, improve accuracy, and keep tax compliance tasks moving efficiently. 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 ### All Features - 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 --- ## Pricing [View pricing plan details](https://www.capterra.com/p/10035808/Formations/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.