Turbotax VS TaxWise®

Let’s have a side-by-side comparison of Turbotax vs TaxWise® to find out which one is better. This software comparison between Turbotax and TaxWise® 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 Turbotax or TaxWise® fits your business.

Comparison

Pricing

Price Plans

$ 129

Turbotax

View Details

$ 1689

TaxWise Online

$ 1689

TaxWise Desktop

View Details

Free Trial
Lifetime Plan

Free Trial

Ratings

Overall ratings

4.7

1 Ratings & 0 Reviews

Features 4.5

Value for Money 5

Ease of Use 5

Customer Support 4.5

Likelihood to Recommend

See all Turbotax reviews

4.8

2 Ratings & 0 Reviews

Features 4.7

Value for Money 4.7

Ease of Use 4.7

Customer Support 5

Likelihood to Recommend

See all TaxWise® reviews

Reviews

Reviews with Video

TurboTax Review: Is It the Best Tax Software for You

See all (1)

TaxWise Tax Software Review - Usage Experience

See all (2)

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

Drake Software

TaxAct

FreeTaxUSA

H&R Block

See all Turbotax alternatives

H&R Block

Drake Software

TaxAct

FreeTaxUSA

See all TaxWise® alternatives

Turbotax vs TaxWise® Comparison FAQs

Software questions,
answered

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

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

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

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

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

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

A Quick Comparison Between Turbotax vs TaxWise®

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

Comparison of Turbotax vs TaxWise® In terms of Features

Turbotax includes features like Automatic Updates, Audit Assistance, ID Validation and Self-Employed & Gig Worker Compliance. TaxWise® is known for functionalities like Automatic Updates, Dependent Credits, Error Checking and Audit Assistance. When you compare Turbotax vs TaxWise®, 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 Turbotax and TaxWise® In terms of Deployment Type

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

Turbotax or TaxWise®: Which Is Ideal for Your Industry

Turbotax is ideal for industries like All Industries. For All Industries, TaxWise® is a better choice. If you are confused between Turbotax or TaxWise®, 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? - Turbotax or TaxWise®

Turbotax and TaxWise® 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 Turbotax and TaxWise® during demo to decide which one is best for your business.

Author: Techjockey Team

Turbotax VS TaxWise®

We provide the best software solution for your business needs

Turbotax vs TaxWise® Comparison FAQs

Is Turbotax better than TaxWise®?

Are Turbotax and TaxWise® same?

Which is better Turbotax or TaxWise®?

Is Turbotax the same as TaxWise®?

Can Turbotax replace TaxWise®?

What is the difference between Turbotax and TaxWise®?

A Quick Comparison Between Turbotax vs TaxWise®

Comparison of Turbotax vs TaxWise® In terms of Features

Comparison Between Turbotax and TaxWise® In terms of Deployment Type

Turbotax or TaxWise®: Which Is Ideal for Your Industry

Which Is Better? - Turbotax or TaxWise®

Turbotax VS TaxWise®

We provide the best software solution for your business needs

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Turbotax vs TaxWise® Comparison FAQs

Is Turbotax better than TaxWise®?

Are Turbotax and TaxWise® same?

Which is better Turbotax or TaxWise®?

Is Turbotax the same as TaxWise®?

Can Turbotax replace TaxWise®?

What is the difference between Turbotax and TaxWise®?

A Quick Comparison Between Turbotax vs TaxWise®

Comparison of Turbotax vs TaxWise® In terms of Features

Comparison Between Turbotax and TaxWise® In terms of Deployment Type

Turbotax or TaxWise®: Which Is Ideal for Your Industry

Which Is Better? - Turbotax or TaxWise®

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