Compare Tax Software and TaxWise - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Tax Software or TaxWise?

TaxWise is more expensive to implement (TCO) than Tax Software, and TaxWise is rated higher (85/100) than Tax Software (81/100). TaxWise offers users more features (7) than Tax Software (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:

Abacus Tax Software Vs. CCH Small Firm Services.

Abacus Tax Software: welcome to Abacus Tax Software™ the home of affordable tax software and electronic filing. The 1040 tax software is regularly $599.95, Just $499.95 on sale this month ONLY! Or buy the 2014 1040 tax software on our Payment Plan which starts at just $71.10 for 9 payments. Our 1040 Pack provides you with a completely integrated tax software program, e...

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? Tax Software 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 Tax Software and TaxWise.

Tax Software price starts at $600 per month , On a scale between 1 to 10 Tax Software is rated 2, which is much 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: TaxWise is more expensive than Tax Software.

Which software includes more/better features?

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

Tax Software: 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

Tax Software's typical customers include: Medium and large size businesses, 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.