Shlomi Lavi /
Oct 12, 2022
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Bottom Line: Which is Better - TaxWise or BNA Income Tax Planner?
BNA Income Tax Planner is more expensive to implement (TCO) than TaxWise, and BNA Income Tax Planner is rated higher (87/100) than TaxWise (85/100). TaxWise offers users more features (7) than BNA Income Tax Planner (5).
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:
CCH Small Firm Services. Vs. Tax Management Inc.
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...
Tax Management Inc.: Tax Management, Inc. was established in 1986 to provide a full range of accounting, payroll and tax services to individuals and small businesses whether self-employed, partnership, corporation or LLC. Tax Management, Inc. is owned and operated by Joseph J. Borowick with offices in Osterville, MA.
Joseph J. Borowick has been working in the accounti...
Who is more expensive? TaxWise or BNA Income Tax Planner?
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 TaxWise and BNA Income Tax Planner.
TaxWise price starts at $2,575 per license , On a scale between 1 to 10 TaxWise is rated 4, which is lower than the average cost of Business tax software. BNA Income Tax Planner price starts at $1,150 per year , When comparing BNA Income Tax Planner to its competitors, the software is rated 6 - similar to the average Business tax software cost.
Bottom line: BNA Income Tax Planner is more expensive than TaxWise.
Which software includes more/better features?
We've compared TaxWise Vs. BNA Income Tax Planner based on some of the most important and required Business tax features.
TaxWise: Estate/Trust/Retirement, Income Tax Prep, Investment and Rental Property, Limited Liability Company (LLC), Partnership, Payroll/1099, Property Tax.
BNA Income Tax Planner: Accounts Payable, Accounts Receivable, Budgeting & Forecasting, Fixed-Assets, Tax compliance.
Target customer size
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. and BNA Income Tax Planner's target customer size include: Small business, Medium business, Private use.