Shlomi Lavi /
Aug 16, 2022
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Bottom Line: Which is Better - TurboTax Free Edition Online or TaxWorks Silver?
TurboTax Free Edition Online is more expensive to implement (TCO) than TaxWorks Silver, and TurboTax Free Edition Online is rated higher (91/100) than TaxWorks Silver (57/100). Both tools offer the same amount of features.
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:
Intuit Vs. TaxWorks Inc
Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals.
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TaxWorks Inc: TaxWorks leads the industry in developing and supporting the most technologically advanced software for professional tax preparers.
The company began in 1972 and has grown and evolved to meet their clients' needs.
TaxWorks is part of the RedGear Technologies group. The flagship products are TaxWorks, 1040Works and ArkWorks.
Who is more expensive? TurboTax Free Edition Online or TaxWorks Silver?
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 TurboTax Free Edition Online and TaxWorks Silver.
TurboTax Free Edition Online price starts at $170 per license , On a scale between 1 to 10 TurboTax Free Edition Online is rated 4, which is lower than the average cost of Business tax software. TaxWorks Silver price starts at $895 per license , When comparing TaxWorks Silver to its competitors, the software is rated 4 - lower than the average Business tax software cost.
Bottom line: TurboTax Free Edition Online cost is around the same cost of TaxWorks Silver.
Which software includes more/better features?
We've compared TurboTax Free Edition Online Vs. TaxWorks Silver based on some of the most important and required Business tax features.
TurboTax Free Edition Online: Data Import/Export, Basic Reports, Online Customer Support.
TaxWorks Silver: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
TurboTax Free Edition is perfect for individual users who are looking for help with their simple/1040EZ tax return. and TaxWorks Silver's target customer size include: SMBs.