Today's Technology for Tomorrow's Firm.
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April 2015 • www.CPAPracticeAdvisor.com 9 PRO TAX PREP SYSTEMS TRADITIONAL WORKFLOW BEST FIRM FIT Sole practitioners and small firms looking for a cloud b a s e d s o l u t i o n o r a r e l o o k i n g f o r a s t r o n g e r m o b i l e t a x p re parat i o n solution. STRENGTHS • S i m p l e i n d e s i g n a n d feature set • Mobile app compliments the sofware • A ll-inclusive pricing POTENTIAL LIMITATIONS • L i m i t e d i m p o r t a n d export options SUMMARY & PRICING Int u i t Ta x O n l i n e i s an Internet-based tax solution with simple all-inclusive pricing. Tough not as full featured as some of the desktop sofware competi- tors, Intuit Tax Online con- tinues to improve its ofering and stands alone as a cloud based tax solution. Pricing is simple and includes the federal return, any required states and electronic fling. Individual returns currently range i n p r i ce b e t ween $ 1 0 . 9 5 a n d $ 3 9 . 9 5 p e r return, dependent upon the number of retur ns pur- chased at one time. To pro- cess up to 74 indiv idual returns, Intuit Tax Online currently charges $18.95 per return, or $1,402.30. www.intuit.com BEST FIRM FIT Sole-practitioners, seasonal workers and organization with a staf of 10 or fewer w i t h a f o c u s o n s i m p l e re t u r n t y p e s a n d t h o s e s e r v i c i n g t h e Hi s p a n i c market STRENGTHS • Multi-language tax form options • Easy interface and mul- tiple shor tcuts to ex pe- dite returns • M u l t i p l e i n t e g r a t i o n poi nt s, ma ny of w h ich a r e i nc l u d e d w it h t he Power bundle POTENTIAL LIMITATIONS • Limited review options • Remote access limited to i nd iv idu a l ret u r n pro - cessing only SUMMARY & PRICING TaxWise is a solution for growing tax and accounting frms. Trough a multitude of integrated service offer- ings to an easy data entry setup, TaxWise helps users ef f iciently ser ve clients. TaxWise has two purchase options, Power and Profling. Te Power package includes all tax return preparation, the Easy Interview program, tax research, unlimited elec- tronic fling and the Central Of f ice Manger tool and c u r r e n t l y r u n s a r o u n d $2,500 for a single user. Te Profling package supports individual returns only and requires a per-return fee for electronic fling. Per return pricing is available for $549 with each individual and business return costing $20 and $35, respectively. www.TaxWise.com BEST FIRM FIT Tax professionals looking for a scaled back cloud solution to work basic tax situations and handle large a large volume of returns. STRENGTHS • A n y t i m e , a n y w h e r e access to returns and data • Portals extended to clients for nominal fee • Simple, up front pricing POTENTIAL LIMITATIONS • Very litle mobile access options SUMMARY & PRICING: Agile Tax is a wholly cloud- based solution designed on convenience and simple pricing. A variety of time saving tools and efficient features are included with the solution to keep the tax pro- fessional's workload more streamlined throughout the ta x preparat ion process. Simple pricing is a key focus of Agile Tax and unlimited 1040 processing (including federal, states and electronic filing) is $100 per month with a 12-month commit- ment. Additional users may be added for $50 per month, but do not require any term co m m i t m e n t s. Bu s i n e s s returns, defned as corpora- tions, partnerships and trusts, are available on a $45 per- return basis or $50 per month for unlimited processing. www.AgileTax.com Intuit Tax Online TaxWise - CCH Small Firm Services Thomson Reuters Agile Tax Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12060300 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor. com/12060273 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor. com/12060324 4 4.25 4 2015 OVERALL RATING 2015 OVERALL RATING 2015 OVERALL RATING