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Plain-English summary
TaxAct's privacy policy indicates potential risks for users. If you do not agree to the collection or use of your personal information, your account may be terminated or you may lose access to services (risk_flags-1). The company broadly collects and combines various types of data from you, vendors, public sources, and third parties for service improvement, analytics, and marketing (data_use-1, data_use-2, data_use-9). This includes geolocation data (data_use-3) and extensive sharing with co-sponsors, marketing vendors (data_use-5, data_use-6), and even affiliated companies for broad business purposes (data_use-7). Finally, third-party ad companies like Meta and TikTok may use your data for targeted advertising (data_use-8).
85% confidence
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Risk Flags
Clauses that indicate a potential for significant user harm, financial loss, or privacy erosion. These are often one-sided terms that limit user rights or expand company अधिकार beyond typical expectations without clear and compensating user benefits.
medium85% confidence
Account Termination or Service Inability Due to Data Choices
The policy states that if you do not wish for TaxAct to collect and/or use your personal information or request its deletion, this may result in the termination of your user account or your inability to use the Services.
Why it matters: Your account may be terminated or you may not be able to use the services if you exercise your data choices related to collection or deletion of personal information.
Certain personal information is required to purchase, download, and effectively use our Services. If you do not wish for us to collect and/or use your personal information or request to delete such information, this may result in a termination of your user account or your inability to use the Services. Please see the Your Choices section for more information.
Personal Information We Collect, paragraph 3 · Citation strength: strong
Data Use & Sharing
Clauses that describe how the company collects, processes, and shares personal information, particularly those that might be unexpected or broad.
medium90% confidence
Broad Data Collection for Service Improvement and Advertising
TaxAct and its vendors may collect personal information directly from you, automatically when you access the Services, and through online tracking technologies, with primary goals including improving services and enabling navigation. Automatically collected information may be combined with other collected information to improve services, marketing, analytics, and site functionality.
Why it matters: Your personal information, including automatically collected data and data from tracking technologies, may be combined and used for improving services, marketing, and analytics, which could lead to more targeted content or ads.
s. Automatically collected information may be combined with other information we collect about you to improve our Services, and our marketing, analytics, and Site functionality.
Collection of Personal Information from Publicly Available Sources and Third Parties
TaxAct may collect personal information from publicly available sources, affiliated companies, or third parties to optimize marketing activities.
Why it matters: Your personal information might be collected from external sources, like public records or other companies, and used for marketing, even if you haven't directly provided it to TaxAct.
In addition to the information you provide, we may also collect information from publicly available sources, affiliated companies, or third parties, such as when we partner with other companies or use service providers to help us optimize our marketing activities.
TaxAct may collect geolocation data, including information derived from your IP address and collected from our Services, for analytics, marketing, and access purposes.
Why it matters: Your location information may be collected and used for analytics and marketing purposes.
We may collect geolocation data, including information derived from your IP address and collected from our Services, for analytics, marketing, and access purposes. You may control certain geolocation collection through your browser or mobile device settings.
Use of Personal Information for Marketing Communications and Promotions
TaxAct may use your personal information to send marketing messages, show advertising, notify you of products and services, communicate with referrals, and provide text message alerts for product information, status, tips, or promotions.
Why it matters: You may receive marketing communications, advertisements, and promotional messages via various channels, including text messages, using your personal information.
> Provide text message alerts for product information, status, tips or promotions, or other marketing activities.
How We Use Your Personal Information, paragraph 12 · Citation strength: strong
medium85% confidence
Disclosure of Personal Information to Co-sponsors and Partners for Marketing
TaxAct may disclose your personal information to promotional co-sponsors or other partners as part of joint marketing efforts and other partnership activities.
Why it matters: Your personal information may be shared with co-sponsors and partners for joint marketing, potentially leading to more promotional communications from various entities.
To promotional co-sponsors or other TaxAct partners as part of joint marketing efforts and other partnership activities.
How and Why We Disclose Your Personal Information, paragraph 4 · Citation strength: strong
medium85% confidence
Disclosure of Personal Information to Marketing Vendors
TaxAct may disclose your personal information to companies, including affiliated entities and third parties, that provide services to help market its products or otherwise support the promotion of its business.
Why it matters: Your personal information may be shared with external companies and affiliates for marketing purposes, potentially resulting in more targeted advertising.
To companies, including our affiliated entities and third parties, that provide services that help us market our products or otherwise support the promotion of our business.
How and Why We Disclose Your Personal Information, paragraph 5 · Citation strength: strong
high85% confidence
Disclosure of Personal Information for Use by Affiliates
Personal information may be disclosed to affiliated companies to assist in providing and maintaining the Services or for other permitted business. If you use Professional Services to prepare taxes for others, your information may be disclosed with TaxAct affiliates.
Why it matters: Your personal information, especially if you're a professional preparer, may be broadly shared with TaxAct's affiliated companies for various business purposes.
For our affiliated companies to assist in providing and maintaining the Services or for other permitted business. If you use our Professional Services to prepare the taxes of others, we may disclose your information with our affiliates. You can learn more about and access the privacy notice of our affiliates at: [Drake Software Privacy Notice](https://www.drakesoftware.com/sharedassets/notice/drakesoftwareprivacynotice.pdf) and [1040.com Privacy Notice](https://www.1040.com/privacy).
How and Why We Disclose Your Personal Information, paragraph 9 · Citation strength: strong
medium85% confidence
Third-Party Tracking Technologies for Interest-Based Advertising
Third-party ad technology companies and advertisers, including Meta and TikTok, may use, store, or access Cookies to collect information from TaxAct Services and elsewhere online to provide interest-based or targeted advertising services.
Why it matters: Your online activity on TaxAct's services and other websites/apps may be collected by third-party ad companies (like Meta and TikTok) to deliver targeted advertising to you.
Third-party ad technology companies and advertisers, including Meta and TikTok, may use, store, or access Cookies to collect or receive information from our Services and elsewhere on the internet and use that information to provide advertising services to us, including, interest-based advertising or advertisements targeted to your interests.
Collection and Linking of Online Activity Across Devices and Websites
TaxAct or its vendors may collect personal information about your online activities over time and across different devices and online websites when you access the Services. This information collected by tracking technologies may be linked to other information collected about you.
Why it matters: Your online activities across various devices and websites may be tracked, collected, and linked to your other personal information.
We or our vendors may collect personal information about your online activities over time and across different devices and online websites when you access the Services. We and our vendors may link the information collected by tracking technologies to other information collected about you.