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Brand: Wolters Kluwer
TaxWise designed to help tax preparers efficiently file individual and business returns while maximizing productivity and revenue. ...Read more
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$ 1689.00 /License
Features
Tax Preparation & Filing Income & Deductions Management Compliance & Audit Support Business & Enterprise Features Integration & Automation See all 
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Tax Preparation & Filing
Direct Deposit Enables fast refund delivery directly to clients' bank accounts. Federal & State Tax Filing Supports both federal and all applicable state tax return submissions. Return Preview & Validation Lets you review and validate returns before submission. e-File Support Allows electronic filing of tax returns for quicker processing. Tax Extension Filing Supports filing for tax return extensions when needed. Automated Form Filling Auto-population of tax forms using imported data to minimize manual entry. Multi-Year Filing Capability to file returns for multiple tax years, including prior periods. Real-Time Calculations Instant updates on tax liabilities or refunds as data is entered. Income & Deductions Management
W-2 & 1099 Import Imports wage and income documents automatically. Self-Employment Support Handles income and deductions for freelancers/contractors. Charitable Contributions Manages donation-related deductions. Dependent Credits Calculates child/dependent-related credits. Investment & Capital Gains Reporting Calculation of taxes on investment income, including stocks and bonds. Rental Income Management Handling of income and deductions related to rental properties. Medical & Educational Expenses Management of deductions related to medical costs and educational expenses. Retirement Income & Contributions Handling of taxation on retirement income and contributions to retirement accounts. Compliance & Audit Support
Automatic Updates Ensures the software stays current with tax law changes. Error Checking Flags missing or incorrect information. Audit Assistance Provides tools to manage audits efficiently. ID Validation Verifies identity to prevent fraud. Tax Law Compliance Ensuring adherence to current federal and state tax regulations. Audit Risk Assessment Evaluation of the likelihood of an audit based on return data. Self-Employed & Gig Worker Compliance Ensuring proper reporting for self-employed individuals and gig workers. Nonprofit Support Features tailored for non-profit organizations. Franchise Tax Compliance Assistance with state franchise tax requirements. Business & Enterprise Features
Business Tax Filing Handles corporate, partnership, and LLC returns. Asset Depreciation Tracks and calculates depreciation schedules. Payroll Tax Management Calculation and reporting of payroll taxes. Sales Tax Management Calculation and tracking of sales and use taxes. Multi-State Support Handling of tax filings for businesses operating in multiple states. International Reporting Management of reporting requirements for international transactions. Nexus Management Identification of tax obligations based on business presence in various jurisdictions. Integration & Automation
Third Party Integration Connects with other business applications. E-Signature Integration Enables clients to sign forms digitally. Financial Data Import Imports data from financial documents and systems. Accounting Software Integration Seamless integration with accounting platforms like QuickBooks. Estimated Tax Automation Calculation and scheduling of estimated tax payments. API Integration Customization and integration capabilities with other software systems. Security & Data Protection
Data Encryption Secures data in transit and storage. Two-Factor Authentication (2FA) Adds an extra layer of login security. Role-Based Access Control (RBAC) Manages user permissions securely. GDPR and CCPA Compliance Meets global and regional privacy standards. IRS Security Standards Adheres to official IRS data security protocols. Data Backup Automatically backs up your tax data. Fraud Protection Implementation of multiple measures to prevent fraudulent activities. Analytics & Reporting
Customizable Reports Generate tailored financial and tax reports. Cryptocurrency Reporting Tracks and reports crypto transactions. Tax Planning & Forecasting Provision of future tax projections to assist in planning. Others
Document Management Organizes and stores client documents securely. Team Collaboration Supports teamwork across multiple users. Paper Filing Allows print and mail filing if e-filing isn't used.
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Pros
“Backed by Wolters Kluwer, TaxWise offers solid support and compliance updates.” Ansam Osman - Dec 16, 2025
“The IRS-style forms layout feels intuitive for experienced tax professionals.” Property Rental - Oct 22, 2025
“TaxWise is cost-effective for preparers who handle a moderate number of returns.” Randall Schmidt - Aug 20, 2025
Cons
“Advanced automation features are limited compared to premium competitors.” Randall Schmidt - Aug 20, 2025
“The interface feels outdated compared to newer cloud-based tools.” Michael - May 23, 2025
“The interface feels dated and not as modern as newer tax software.” Deepak Vasudeva - Feb 3, 2025
“TaxWise Tax Software Review”
4.9
Review by: itSPalma
“TaxWise Tax Software Review - Usage Experience”
4.8
Review by: WiseExplainer
Verified reviewer:
Reviewed on: Mar 6, 2025
Verified reviewer:
Reviewed on: Dec 16, 2025
Verified reviewer:
Reviewed on: May 29, 2025
| Brand Name | Wolters Kluwer |
| Information | Wolters Kluwer provides its clients with information services and software solutions. |
| Founded Year | 1922 |
| Director/Founders | Gijs Braakman, Kluwer Samsom |
| Company Size | 1000+ Employees |
| Other Products | Enablon EHS |
UAE
India
