GainsKeeper - Top Competitors (Mar 2022)

Shlomi Lavi / updated: Mar 12, 2022

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GainsKeeper vs. Alternatives in 2023

To make the right decision, businesses need to compare and analyze features, price, ease of use, and support offered by different software. The three tough competitors of GainsKeeper are TurboTax, Drake Tax, and Tradelog.

• Functionality: TurboTax is a cloud-based taxation software to help businesses prepare their taxes from anywhere across the world. It offers a comprehensive set of features including reporting & statistics, data import/export, historical reporting, payroll & employer forms, customizable reports, notification & alerts, and automatic card transaction recording. Apart from these features, you can also access TurboTax from your mobile devices, including iOS and Android mobile devices. So, even though GainsKeeper has the necessary features for tax preparation, TurboTax is more accessible to users.
  
  Drake Tax is a cloud-based tax software that allows clients and teams to work together in a collaborative environment. Drake Tax offers features such as schedule appointments, document management, tax preparation, amortization, e-signature, import schedule D, optimization, a research tool for the latest tax industry changes, and backup and data restore. GainsKeeper and DrakeTax have a similar interface and feature set.
  
  Tradelog is a Desktop-based accounting and taxation tool for small & medium-sized organizations and private use. Tradelog offers features such as record stocks, track accounts, IRS tax reporting, wash sale reporting, automated market adjustments, stock splits, performance analysis, key metrics, export reporting using TurboTax and other tax tools. Like GainsKeeper, TradeLog is also for the broker and stock industry.
• Pricing: The cost of TurboTax is around $90 for federal tax and $50 for state tax. TurboTax also has a free edition that you can use with basic feature support. There is also a Turbo Deluxe version which costs around $60 for federal tax and $50 for state tax. The cost of Drake tax is about $345, with additional returns available at $29.99 each. However, Drake Accounting Pro costs $495 and Forms for $395. TradeLog has four packages, where the basic costs around $89 per year and the unlimited package costs around $329 per year. In comparison to these three tools, GainsKeeper price is higher.
• Support: TurboTax offers online support and documentation/FAQs to help users file their taxes. Whereas TradeLog has online support, community, and broker import support. DrakeTax has online support and documentation to help users. Finally, GainsKeeper has a user manual as well as documentation, FAQs, and online support.