Compare Softax and TaxWise - Oct 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Softax or TaxWise?

TaxWise is more expensive to implement (TCO) than Softax, and TaxWise is rated higher (85/100) than Softax (62/100). TaxWise offers users more features (7) than Softax (3).

Looking for the right Business tax solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Softax Corporation Vs. CCH Small Firm Services.

Softax Corporation: Softax creates products for medium sized tax practices. We pride ourselves on producing the software these practices need and delivering in early January for a quick start on the annual tax season. The company, products and loyal customer list has grown steadily over the years. We price Softax products to be affordable while still providing powe...

CCH Small Firm Services.: At CCH Small Firm Services, we focus on the needs of small tax and accounting firms—businesses that generally have five or fewer employees. We also serve commercial tax preparers, with one office or sometimes hundreds of offices, who offer tax services in a retail environment similar to well-known national tax chains. And for 11 years, SFS has prov...

Who is more expensive? Softax or TaxWise?

The real total cost of ownership (TCO) of Business tax software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Softax and TaxWise.

Softax price starts at $624 per license , On a scale between 1 to 10 Softax is rated 4, which is lower than the average cost of Business tax software. TaxWise price starts at $2,575 per license , When comparing TaxWise to its competitors, the software is rated 4 - lower than the average Business tax software cost.

Bottom line: Softax cost is around the same cost of TaxWise.

Which software includes more/better features?

We've compared Softax Vs. TaxWise based on some of the most important and required Business tax features.

Softax: Data Import/Export, Basic Reports, Online Customer Support.

TaxWise: Estate/Trust/Retirement, Income Tax Prep, Investment and Rental Property, Limited Liability Company (LLC), Partnership.

Target customer size

Softax's typical customers include: Small business, Medium business, Private use, Taxwise is suitable both for companies with complex taxing processes, mainly multi-branch enterprises, as well as smaller scale companies that need a fast accounting solution that addresses their needs.