BNA Income Tax Planner - Top Competitors (Jul 2022)

Shlomi Lavi / updated: Jul 01, 2022

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BNA Income Tax Planner vs. Alternatives in 2023

Bloomberg Income Tax Planner is a business and corporate tax planning software, and its top alternatives in this category include TurboTax Business, ProSeries Tax, Avalara AvaTax, and Vertex. Based on the key criteria outlined below, Bloomberg Income Tax Planner is compared to its top competitors:

• Cloud/On-premise: Bloomberg Income Tax Planner supports both on-premise and cloud deployments with a desktop and a web version. In comparison, Avalara AvaTax and Vertex are both fully cloud-based business tax software. ProSeries Tax has both on-premise and cloud hosting options, while TurboTax Business is a desktop-based business tax platform.
• Cost: The pricing details of Bloomberg Income Tax Planner are undisclosed by its vendor, and there are no free versions, although a trial offer is available. In comparison, Avalara AvaTax pricing starts at $19 per month, ProSeries Tax pricing starts at $369 per year, and TurboTax Business pricing starts at a one-time purchase fee of $170. Only Avalara AvaTax has a free trial.
• Customers/Industries: Bloomberg Income Tax Planner serves accounting firms, tax firms, law firms, educational institutions, nonprofits, consulting firms, corporations, governments, etc. In comparison, all the top alternatives of Bloomberg Income Tax Planner also target regular individuals and businesses. Also, TurboTax Business serves partnerships, S Corp, C Corp, multi-member LLCs, trusts, and estates.
• Functionality: Bloomberg Income Tax Planner has features common to business tax software, such as tax law updates, what-if scenario planning, multi-year outlook projections, etc. Compared to its top alternatives, Bloomberg Income Tax Planner has a what-if scenario planning feature that none of its top alternatives offer. Also, Vertex has a document management system feature, and TurboTax Business comes with an asset depreciation calculator, which is unavailable on Bloomberg Income Tax Planner.
• Popularity: Bloomberg Income Tax Planner is a leading provider of business tax solutions in the United States of America. In comparison, Avalara AvaTax has more than 30,000 customers across over 95 countries, and top brands like Siemens and Walmart use Vertex.
• Scalability: Bloomberg Income Tax Planner is a highly scalable business tax solution for businesses of all sizes. In comparison, all the top alternatives of Bloomberg Income Tax Planner are equally scalable business tax solutions for small, medium, and large-scale organizations.
• Support: Customers that use Bloomberg Income Tax Planner can find support through training resources and a phone support channel. Compared to its top alternatives, Bloomberg Income Tax Planner does not have a live chat support channel like Avalara AvaTax, community forums like Vertex, TurboTax Business, and ProSeries Tax, and an FAQ section like TurboTax Business.