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TaxWise®

Brand: Wolters Kluwer

4.8

8 Ratings & 8 Reviews

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TaxWise designed to help tax preparers efficiently file individual and business returns while maximizing productivity and revenue....Read more

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Starting at $ 1689.00

Features

  • check_icon Tax Preparation & Filing
  • check_icon Income & Deductions Management
  • check_icon Compliance & Audit Support
  • check_icon Business & Enterprise Features
  • check_icon Integration & Automation
  • See all img

TaxWise® Software Pricing, Features & Reviews

What is TaxWise?

TaxWise is a tax software suite from Wolters Kluwer, available in both desktop and cloud-based versions.

It is designed to support tax professionals from those handling simple 1040 returns to service bureaus managing complex business filingsby streamlining workflows and enhancing productivity.

Key features include advanced diagnostics, real-time refund tracking, e-signature capabilities, a secure client portal, bilingual (Spanish/English) forms, and built-in help tools.

Why Choose TaxWise Tax Software?

  • Tax Filing Capabilities: Supports preparation and e-filing of both individual (1040) and business (1120, 1065, etc.) tax returns.
  • Cloud and Desktop Options: Offers both cloud-based and desktop versions, providing flexibility to work from anywhere.
  • User-Friendly Interface: Intuitive navigation and layout make it easy for professionals at all levels to use efficiently.
  • Built-in Diagnostics: Identifies potential errors and omissions to reduce rejections and ensure accurate returns.
  • Secure Client Portal: Enables safe document exchange and communication between tax preparers and clients.

Benefits of TaxWise Tax Software

  • IRS and State Compliance: Regularly updated to comply with the latest IRS and state tax regulations.
  • Time-Saving Tools: Includes client organizers, templates, and shortcuts to streamline tax preparation.
  • Multi-User Support: Ideal for offices with multiple preparers, with user permissions and tracking.
  • Scalable for Growth: Suitable for solo practitioners, small firms, and large tax offices or service bureaus.
  • Bank Product Integration: Seamlessly connects with refund transfer and advance services for client convenience.

TaxWise Pricing

TaxWise price in US starts at $1689 at techjockey.com.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product team and learn more about the pricing and offers.

TaxWise® Pricing & Plans

TaxWise Online
  • Includes 100 Individual 1040 Tax Returns
  • Federal & State Individual 1040
  • Free Individual 1040 & Business E-File
  • Integrated Easy Interview
  • CCH® AnswerConnect Mini Package
    • Licenses
Starting at $ 1689.00
TaxWise Desktop
  • Includes 100 Individual 1040 Tax Returns
  • Federal & State Individual 1040
  • Free Individual 1040 & Business E-File
  • Integrated Easy Interview
  • CCH® AnswerConnect Mini Package
    • Licenses
Starting at $ 1689.00

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TaxWise® Features

Tax Preparation & Filing

  • icon_check Direct Deposit Enables fast refund delivery directly to clients' bank accounts.
  • icon_check Federal & State Tax Filing Supports both federal and all applicable state tax return submissions.
  • icon_check Return Preview & Validation Lets you review and validate returns before submission.
  • icon_check e-File Support Allows electronic filing of tax returns for quicker processing.
  • icon_check Tax Extension Filing Supports filing for tax return extensions when needed.
  • icon_check Automated Form Filling Auto-population of tax forms using imported data to minimize manual entry.
  • icon_check Multi-Year Filing Capability to file returns for multiple tax years, including prior periods.
  • icon_check Real-Time Calculations Instant updates on tax liabilities or refunds as data is entered.

Income & Deductions Management

  • icon_check W-2 & 1099 Import Imports wage and income documents automatically.
  • icon_check Self-Employment Support Handles income and deductions for freelancers/contractors.
  • icon_check Charitable Contributions Manages donation-related deductions.
  • icon_check Dependent Credits Calculates child/dependent-related credits.
  • icon_check Investment & Capital Gains Reporting Calculation of taxes on investment income, including stocks and bonds.
  • icon_check Rental Income Management Handling of income and deductions related to rental properties.
  • icon_check Medical & Educational Expenses Management of deductions related to medical costs and educational expenses.
  • icon_check Retirement Income & Contributions Handling of taxation on retirement income and contributions to retirement accounts.

Compliance & Audit Support

  • icon_check Automatic Updates Ensures the software stays current with tax law changes.
  • icon_check Error Checking Flags missing or incorrect information.
  • icon_check Audit Assistance Provides tools to manage audits efficiently.
  • icon_check ID Validation Verifies identity to prevent fraud.
  • icon_check Tax Law Compliance Ensuring adherence to current federal and state tax regulations.
  • icon_check Audit Risk Assessment Evaluation of the likelihood of an audit based on return data.
  • icon_check Self-Employed & Gig Worker Compliance Ensuring proper reporting for self-employed individuals and gig workers.
  • icon_check Nonprofit Support Features tailored for non-profit organizations.
  • icon_check Franchise Tax Compliance Assistance with state franchise tax requirements.

Business & Enterprise Features

  • icon_check Business Tax Filing Handles corporate, partnership, and LLC returns.
  • icon_check Asset Depreciation Tracks and calculates depreciation schedules.
  • icon_check Payroll Tax Management Calculation and reporting of payroll taxes.
  • icon_check Sales Tax Management Calculation and tracking of sales and use taxes.
  • icon_check Multi-State Support Handling of tax filings for businesses operating in multiple states.
  • icon_check International Reporting Management of reporting requirements for international transactions.
  • icon_check Nexus Management Identification of tax obligations based on business presence in various jurisdictions.

Integration & Automation

  • icon_check Third Party Integration Connects with other business applications.
  • icon_check E-Signature Integration Enables clients to sign forms digitally.
  • icon_check Financial Data Import Imports data from financial documents and systems.
  • icon_check Accounting Software Integration Seamless integration with accounting platforms like QuickBooks.
  • icon_check Estimated Tax Automation Calculation and scheduling of estimated tax payments.
  • icon_check API Integration Customization and integration capabilities with other software systems.

Security & Data Protection

  • icon_check Data Encryption Secures data in transit and storage.
  • icon_check Two-Factor Authentication (2FA) Adds an extra layer of login security.
  • icon_check Role-Based Access Control (RBAC) Manages user permissions securely.
  • icon_check GDPR and CCPA Compliance Meets global and regional privacy standards.
  • icon_check IRS Security Standards Adheres to official IRS data security protocols.
  • icon_check Data Backup Automatically backs up your tax data.
  • icon_check Fraud Protection Implementation of multiple measures to prevent fraudulent activities.

Analytics & Reporting

  • icon_check Customizable Reports Generate tailored financial and tax reports.
  • icon_check Cryptocurrency Reporting Tracks and reports crypto transactions.
  • icon_check Tax Planning & Forecasting Provision of future tax projections to assist in planning.

Others

  • icon_check Document Management Organizes and stores client documents securely.
  • icon_check Team Collaboration Supports teamwork across multiple users.
  • icon_check Paper Filing Allows print and mail filing if e-filing isn't used.

TaxWise® Specifications

  • Supported Platforms :
  • Device:
  • Deployment :
  • Suitable For :
  • Business Specific:
  • Business Size:
  • Customer Support:
  • Training:
  • Language:
  • Windows MacOS
  • DesktopTablet
  • Web-Based, Perpetual
  • All Industries
  • All Businesses
  • Small Business, Startups, Medium Business, Enterprises, SMBs, SMEs
  • Phone, Forums
  • Webinars
  • English

TaxWise® Reviews

90%

Have recommended this product

Overall Score

4.8/5
Based on 8 Reviews

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TaxWise® Video Reviews

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“TaxWise Tax Software Review”

4.9

Review by: itSPalma

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“TaxWise Tax Software Review - Usage Experience”

4.8

Review by: WiseExplainer

Wolters Kluwer Company Details

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

TaxWise® FAQ

A TaxWise pricing in US starts from $1689 at Techjockey.
A While there's no dedicated mobile app, TaxWise Online is accessible via any web browser on mobile devices.
A TaxWise Tax Software supports Windows, and MacOS operating system.
A Yes, TaxWise free trial is available.
A TaxWise streamlines tax preparation, e-filing, compliance, and client management for tax professionals.
A Tax professionals, CPAs, accounting firms, and service bureaus use TaxWise.
A Yes, TaxWise free demo can be requested from the official website.
A No, TaxWise is a paid software solution with various pricing plans.

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