Shlomi Lavi /
Oct 12, 2022
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Bottom Line: Which is Better - TaxWise or Brentmark?
Brentmark is more expensive to implement (TCO) than TaxWise, and TaxWise is rated higher (85/100) than Brentmark (62/100). TaxWise offers users more features (7) than Brentmark (4). There is a clear winner in this case and it is TaxWise!
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. Brentmark Software, 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...
Brentmark Software, Inc.: Brentmark Software provides personal financial planning products and services for professionals and consumers: estate, financial, and retirement planning software; informational web sites (such as NewRMD.com and RothConversions.com); and online calculations (CalcTools.com). Software products include Retirement Plan Analyzer, Estate Planning Tools,...
Who is more expensive? TaxWise or Brentmark?
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 Brentmark.
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. Brentmark price starts at $25 per user/month , When comparing Brentmark to its competitors, the software is rated 4 - lower than the average Business tax software cost.
Bottom line: TaxWise cost is around the same cost of Brentmark.
Which software includes more/better features?
We've compared TaxWise Vs. Brentmark 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.
Brentmark: Income Tax Prep, Investment and Rental Property, Property Tax, Sales and Use Tax.
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. The software can be used by individual home users as well as businesses.