Compare TurboTax and inDinero - Apr 2022

Shlomi LaviShlomi Lavi / Apr 04, 2022

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Bottom Line: Which is Better - TurboTax or inDinero?

inDinero is more expensive to implement (TCO) than TurboTax, and TurboTax is rated higher (94/100) than inDinero (74/100). TurboTax offers users more features (4) than inDinero (0). There is a clear winner in this case and it is TurboTax!

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. inDinero

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! 

inDinero: inDinero helps business owners manage their finances and solve real world problems every day. We are a global firm with an entirely new approach to accounting - we’re shaking up the status quo and creating what’s next for the industry. inDinero is on a mission to reinvent small business accounting, helping our clients understand their finances like...

Who is more expensive? TurboTax or inDinero?

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 and inDinero.

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. inDinero price starts at $300 per month , When comparing inDinero to its competitors, the software is rated 4 - lower than the average Business tax software cost.

Bottom line: inDinero is more expensive than TurboTax.

Which software includes more/better features?

We've compared TurboTax Vs. inDinero 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.

inDinero: We are still working to collect the list of features for inDinero.

Target customer size

TurboTax State is suitable for anyone that file tax returns. and inDinero's target customer size include: Small, medium and large size businesses.



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.

inDinero

ITQlick rating
(3.4/5)

starts at $300 per month

inDinero software is a cloud-based accounting & tax software built to serve owners and CEOs of medium-sized and small businesses, startups and entrepreneurs. It enables the users to access their key financial d...

Categories: Accounting & Finance, Business tax, Core Accounting, Fixed Asset Accounting, Fund Accounting.

Compare specifications

Compare features

TurboTax: 4 Features

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

inDinero: 0 Features

We are working to collect the information
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
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
Compare
inDinero
ITQlick rating
3.4/5
Score
74/100
Pricing
5.4/10
License pricing
$300 per month
Functionality
9
GainsKeeper
ITQlick rating
3.4/5
Score
92/100
Pricing
6.4/10
License pricing
$69 per month
Functionality
7
ezTaxReturn
ITQlick rating
3.8/5
Score
91/100
Pricing
6.6/10
License pricing
$19.95 per license
Functionality
10
TurboTax...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.6/10
License pricing
$170 per license
Functionality
4

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.