TurboTax Vs GainsKeeper (Jul 2020)

Shlomi LaviShlomi Lavi / Jul 15, 2020

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Bottom Line: Which is Better - TurboTax or GainsKeeper?

GainsKeeper is more expensive to implement (TCO) than TurboTax, TurboTax is rated higher (94/100) than GainsKeeper (92/100). GainsKeeper offers more features (6) to their users than TurboTax (4).

Looking for the right Business tax solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Intuit compares with Wolters Kluwer Financial Services?

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

Wolters Kluwer Financial Services: More than 15,000 financial services organizations worldwide turn to Wolters Kluwer Financial Services for the risk management, compliance, finance and audit solutions and services they need to optimize risk and business performance, and ensure compliance with local, state, national, regional and global regulation in a rapidly changing environment. ...

Who's more expensive? TurboTax or GainsKeeper?

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

TurboTax price starts at $60 per license , on a scale between 1 to 10 TurboTax State is rated 2, which is much lower than the average cost of Business tax software. GainsKeeper price starts at $69 per license , when comparing GainsKeeper to their competitors, the software is rated 6 - similar to the average Business tax software cost.

Bottom line:GainsKeeper is more expensive than TurboTax.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared TurboTax Vs. GainsKeeper based on some of the most important and required Business tax features. TurboTax: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099. GainsKeeper: Business Owner / Self Employed, Income Tax Prep, Investment and Rental Property, Payroll/1099, Property Tax.

Target customer size

TurboTax State is suitable for anyone that file tax returns. GainsKeeper is a useful solution for individual brokers as well as companies.

TurboTax

ITQlick rating
(4/5)

starts at $60 per license

TurboTax is a cloud-based corporate tax solution designed to help the user receive their maximum tax refunds for State and Federal tax returns, and that targets small and medium-sized businesses.

Categories: Accounting & Finance, Business tax, Personal tax.

GainsKeeper

ITQlick rating
(3.4/5)

starts at $69 per license

GainsKeeper is a tax management and financial services software solution for personal and business use. The software was designed and launched by Wolters Kluwer N.V., headquartered in Netherlands. It provides i...

Categories: Business tax.

Compare specifications

Compare features

TurboTax: 4 Features

Business Owner / Self Employed
Income Tax Prep
Investment and Rental Property
Payroll/1099

GainsKeeper: 6 Features

Business Owner / Self Employed
Income Tax Prep
Investment and Rental Property
Payroll/1099
Property Tax
Sales and Use Tax
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
TurboTax
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
94/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.6/10
License pricing license pricing (if provided by the software vendor)
$60 per license
Functionality
7
Compare
GainsKeeper
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$69 per license
Functionality
7
ezTaxReturn
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
91/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.6/10
License pricing license pricing (if provided by the software vendor)
$19.95 per license
Functionality
10
TurboTax
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
91/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.6/10
License pricing license pricing (if provided by the software vendor)
$29 per user/month
Functionality
4
BNA
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
87/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.4/10
License pricing license pricing (if provided by the software vendor)
$1,150 per year
Functionality
7
Review
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.