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.

Comparison

Pricing

Price Plans

$ 1689

TaxWise Online

$ 1689

TaxWise Desktop

View Details

$ 129

Turbotax

View Details

Free Trial
Lifetime Plan

Free Trial

Ratings

Overall ratings

4.8

2 Ratings & 2 Reviews

Features 4.7

Value for Money 4.7

Ease of Use 4.7

Customer Support 5

Likelihood to Recommend

See all TaxWise® reviews

4.7

1 Ratings & 1 Reviews

Features 4.5

Value for Money 5

Ease of Use 5

Customer Support 4.5

Likelihood to Recommend

See all Turbotax reviews

Reviews

Reviews with Video

TaxWise Tax Software Review - Usage Experience

See all (2)

TurboTax Review: Is It the Best Tax Software for You

See all (1)

Best Use for

Business Size:

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

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

Business Type:

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Industries:

All Industries

All Industries

Features

Tax Preparation & Filing

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

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

Income & Deductions Management

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

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

Compliance & Audit Support

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

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

Business & Enterprise Features

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

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

Integration & Automation

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

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

Security & Data Protection

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

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

Analytics & Reporting

Cryptocurrency Reporting
Customizable Reports
Tax Planning & Forecasting

Cryptocurrency Reporting
Customizable Reports
Tax Planning & Forecasting

Gallery

All Videos & Images

See all (4)

Specifications

Deployment

Web based
On Premises

Web based
On Premises

Device Supported

Desktop
Mobile
iPad
Tablet

Desktop
Mobile
iPad
Tablet

Supported Platforms

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Languages support

English

English

Alternatives

Top Alternative Products

H&R Block

Drake Software

TaxAct

FreeTaxUSA

See all TaxWise® alternatives

Drake Software

TaxAct

FreeTaxUSA

H&R Block

See all Turbotax alternatives

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.

Author: Techjockey Team

TaxWise® VS Turbotax

We provide the best software solution for your business needs

TaxWise® vs Turbotax Comparison FAQs

Is TaxWise® better than Turbotax?

Are TaxWise® and Turbotax same?

Which is better TaxWise® or Turbotax?

Is TaxWise® the same as Turbotax?

Can TaxWise® replace Turbotax?

What is the difference between TaxWise® and Turbotax?

A Quick Comparison Between TaxWise® vs Turbotax

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

TaxWise® VS Turbotax

We provide the best software solution for your business needs

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TaxWise® vs Turbotax Comparison FAQs

Is TaxWise® better than Turbotax?

Are TaxWise® and Turbotax same?

Which is better TaxWise® or Turbotax?

Is TaxWise® the same as Turbotax?

Can TaxWise® replace Turbotax?

What is the difference between TaxWise® and Turbotax?

A Quick Comparison Between TaxWise® vs Turbotax

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

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