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TaxWise® VS Turbotax

Let’s have a side-by-side comparison of TaxWise® vs Turbotax to find out which one is better. This software comparison between TaxWise® and Turbotax is based on genuine user reviews. Compare software prices, features, support, ease of use, and user reviews to make the best choice between these, and decide whether TaxWise® or Turbotax fits your business.

Quick View

  • Rating & Review
  • Platforms
  • Recommended
  • img 2 Ratings & 2 Reviews
  • icon_desktop icon_mac
  • img 1 Ratings & 1 Reviews
  • icon_desktop icon_ios icon_Android icon_mac icon_linux

Pricing

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Price Plans

$ 1689

TaxWise Online

$ 1689

TaxWise Desktop

View Details img

$ 129

Turbotax

View Details img

  • Free Trial
  • Lifetime Plan
  • img
  • img Free Trial
  • img

Ratings

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Overall ratings

4.8

2 Ratings & 2 Reviews

90% Likelihood to Recommend

4.7

1 Ratings & 1 Reviews

80% Likelihood to Recommend

Reviews

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Best Use for

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Business Size:

  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500-1000 Employees
  • img More than 1000+ Employees
  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500-1000 Employees
  • img More than 1000+ Employees

Business Type:

  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers
  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers

Industries:

  • imgAll Industries
  • imgAll Industries

We provide the best software solution for your business needs

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Features

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Tax Preparation & Filing

  • img Federal & State Tax Filing
  • img Automated Form Filling
  • img Multi-Year Filing
  • img Real-Time Calculations
  • img Return Preview & Validation
  • img e-File Support
  • img Tax Extension Filing
  • img Direct Deposit
  • img Federal & State Tax Filing
  • img Automated Form Filling
  • img Multi-Year Filing
  • img Real-Time Calculations
  • img Return Preview & Validation
  • img e-File Support
  • img Tax Extension Filing
  • img Direct Deposit

Income & Deductions Management

  • img W-2 & 1099 Import
  • img Self-Employment Support
  • img Investment & Capital Gains Reporting
  • img Rental Income Management
  • img Charitable Contributions
  • img Medical & Educational Expenses
  • img Dependent Credits
  • img Retirement Income & Contributions
  • img W-2 & 1099 Import
  • img Self-Employment Support
  • img Investment & Capital Gains Reporting
  • img Rental Income Management
  • img Charitable Contributions
  • img Medical & Educational Expenses
  • img Dependent Credits
  • img Retirement Income & Contributions

Compliance & Audit Support

  • img Tax Law Compliance
  • img Automatic Updates
  • img Error Checking
  • img Audit Risk Assessment
  • img Audit Assistance
  • img ID Validation
  • img Self-Employed & Gig Worker Compliance
  • img Nonprofit Support
  • img Franchise Tax Compliance
  • img Tax Law Compliance
  • img Automatic Updates
  • img Error Checking
  • img Audit Risk Assessment
  • img Audit Assistance
  • img ID Validation
  • img Self-Employed & Gig Worker Compliance
  • img Nonprofit Support
  • img Franchise Tax Compliance

Business & Enterprise Features

  • img Business Tax Filing
  • img Payroll Tax Management
  • img Sales Tax Management
  • img Multi-State Support
  • img International Reporting
  • img Nexus Management
  • img Asset Depreciation
  • img Business Tax Filing
  • img Payroll Tax Management
  • img Sales Tax Management
  • img Multi-State Support
  • img International Reporting
  • img Nexus Management
  • img Asset Depreciation

Integration & Automation

  • img Accounting Software Integration
  • img Financial Data Import
  • img E-Signature Integration
  • img Estimated Tax Automation
  • img API Integration
  • img Third Party Integration
  • img Accounting Software Integration
  • img Financial Data Import
  • img E-Signature Integration
  • img Estimated Tax Automation
  • img API Integration
  • img Third Party Integration

Security & Data Protection

  • img Data Encryption
  • img Two-Factor Authentication (2FA)
  • img Fraud Protection
  • img IRS Security Standards
  • img Data Backup
  • img Role-Based Access Control (RBAC)
  • img GDPR and CCPA Compliance
  • img Data Encryption
  • img Two-Factor Authentication (2FA)
  • img Fraud Protection
  • img IRS Security Standards
  • img Data Backup
  • img Role-Based Access Control (RBAC)
  • img GDPR and CCPA Compliance

Analytics & Reporting

  • img Cryptocurrency Reporting
  • img Customizable Reports
  • img Tax Planning & Forecasting
  • img Cryptocurrency Reporting
  • img Customizable Reports
  • img Tax Planning & Forecasting

Specifications

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Deployment

  • img Web based
  • img On Premises
  • img Web based
  • img On Premises

Device Supported

  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet
  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet

Supported Platforms

  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu
  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu

Languages support

  • imgEnglish
  • imgEnglish

Alternatives

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Top Alternative Products

H&R Block

H&R Block


Drake Software

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TaxAct

TaxAct


FreeTaxUSA

FreeTaxUSA


See all TaxWise® alternatives img
Drake Software

Drake Software


TaxAct

TaxAct


FreeTaxUSA

FreeTaxUSA


H&R Block

H&R Block


See all Turbotax alternatives img

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Similar Comparison

TaxWise® vs Turbotax Comparison FAQs

Software questions,
answered

While TaxWise® offers customized features, Turbotax has diverse modules. Select between TaxWise® or Turbotax as per your business needs.

Both these products offer similar features but with a different approach. While TaxWise® emphasizes on user experiences, Turbotax focuses on functionalities.

It all depends on the functionalities that you prefer. While TaxWise® offers add-ons along with essential features, Turbotax emphasizes on customization.

No, the difference between TaxWise® and Turbotax lies in terms of features and functionalities. While TaxWise® can be customized as per the user’s needs, Turbotax addresses the diverse audience.

It depends upon your business requirement. Both TaxWise® and Turbotax provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While TaxWise® is customizable, TaxWise® offers comprehensive modules.

A Quick Comparison Between TaxWise® vs Turbotax

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

  • Comparison of TaxWise® vs Turbotax In terms of Features
  • Comparison Between TaxWise® and Turbotax In terms of Deployment Type
  • TaxWise® or Turbotax: Which Is Ideal for Your Industry
  • Which Is Better? - TaxWise® or Turbotax

Comparison of TaxWise® vs Turbotax In terms of Features

TaxWise® includes features like Automatic Updates, Dependent Credits, Error Checking and Audit Assistance. Turbotax is known for functionalities like Automatic Updates, Audit Assistance, ID Validation and Self-Employed & Gig Worker Compliance. When you compare TaxWise® vs Turbotax, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between TaxWise® and Turbotax In terms of Deployment Type

While TaxWise® supports Web Based and On Premises deployment; Turbotax is suitable for Web Based deployment. While selecting between TaxWise® and Turbotax, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

TaxWise® or Turbotax: Which Is Ideal for Your Industry

TaxWise® is ideal for industries like All Industries. For All Industries, Turbotax is a better choice. If you are confused between TaxWise® or Turbotax, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - TaxWise® or Turbotax

TaxWise® and Turbotax can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare TaxWise® and Turbotax during demo to decide which one is best for your business.

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