--- description: Review of Taxprep Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Taxprep | Reviews, Pricing & Demos - SoftwareAdvice NZ --- Breadcrumb: [Home](/) > [Actuarial Software](/directory/4334/accounting-practice-management/software) > [Taxprep](/software/264119/taxprep) # Taxprep Canonical: https://www.softwareadvice.co.nz/software/264119/taxprep Page: 1 / 10\ Next: [Next page](https://www.softwareadvice.co.nz/software/264119/taxprep?page=2) > Taxprep is a cloud-based tax preparation software that helps companies with diagnostics, data entry, audit reviews, quality assurance and more. The system allows users to conduct in-depth analyses including trendlines, rolling averages and Pareto charts, as well as cross-tabulate data by multiple dimensions. With built-in scheduling capabilities for managers and users, it also helps coordinate schedules of activities without the need for multiple calendars. > > Verdict: Rated **4.6/5** by 215 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.6/5** | 215 Reviews | | Ease of Use | 4.4/5 | Based on overall reviews | | Customer Support | 4.2/5 | Based on overall reviews | | Value for Money | 3.8/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Wolters Kluwer - **Location**: Stamford, US - **Founded**: 1986 ## Commercial Context - **Starting Price**: US$1.00 - **Pricing model**: Per Feature (Free Trial) - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop) - **Supported Languages**: English, French - **Available Countries**: Canada, United States ## Features - API - Accounting - Client Management - Compliance Management - Corporate/Business - Data Import/Export - Data Verification - Document Management - Electronic Filing - Exception Notification - For Accountants - For Nonprofits - Multi-Currency - Payroll & Employer Forms - Status Tracking - Task Management - Tax Calculation - Tax Compliance - Tax Filing - Tax Forms ## Support Options - Chat ## Category - [Actuarial Software](https://www.softwareadvice.co.nz/directory/4334/accounting-practice-management/software) ## Related Categories - [Actuarial Software](https://www.softwareadvice.co.nz/directory/4334/accounting-practice-management/software) - [Tax Preparation Software](https://www.softwareadvice.co.nz/directory/4497/tax-preparation/software) - [Corporate Tax Software](https://www.softwareadvice.co.nz/directory/4282/corporate-tax/software) - [Bookkeeping Software](https://www.softwareadvice.co.nz/directory/270/bookkeeping/software) ## Alternatives 1. [MyTAXPrepOffice](https://www.softwareadvice.co.nz/software/285311/mytaxprepoffice) — 4.5/5 (228 reviews) 2. [Xero](https://www.softwareadvice.co.nz/software/2976/xero) — 4.4/5 (3273 reviews) 3. [Drake Tax](https://www.softwareadvice.co.nz/software/444430/drake-tax) — 3.8/5 (113 reviews) 4. [TurboTax Business](https://www.softwareadvice.co.nz/software/327542/turbotax-business) — 4.5/5 (273 reviews) 5. [Gofile](https://www.softwareadvice.co.nz/software/521877/Gofile) — 5.0/5 (8 reviews) ## Reviews ### "Excellent Program" — 5.0/5 > **Steve** | *7 May 2019* | Oil & Energy | Recommendation rating: 10.0/10 > > **Pros**: Very user friendly, I can easily find any necessary forms that I require to prepare our Corporate Income Tax return. Customer service is always helpful. I also like that most (if not all large accounting firms use this software and so it is well utilized) > > **Cons**: It can be expensive for companies with modest budgets. > > We use Taxprep to prepare our Corporate Income Tax returns. The program never disappoints. ----- ### "CHARTERED ACCOUNTANT" — 5.0/5 > **Raj** | *27 November 2024* | Accounting | Recommendation rating: 9.0/10 > > **Pros**: RELIABILITY AND ACCURACY. GREAT TECHNICAL HELP. > > **Cons**: GETTING TOO PRICY-GETTING TO A POINT OF BEYOND AFFORDABILITY. DIFFICULT TO REACH. > > GREAT AND USER OF THE PRODUCT ALMOST 30 YEARS. ----- ### "Review of T2 programs" — 3.0/5 > **Ed** | *9 January 2020* | Accounting | Recommendation rating: 6.0/10 > > **Pros**: I have been using Taxprep for over 20 years. I am very familiar with the program. The program is relatively easy to use. I like the fact that the return on the screen is exactly the same as what is printed out. The diagnostics function is very useful. > > **Cons**: I have noticed a change in version 2 of the T2 2019 program which is not at all useful. When you first open the program you used to be able to see certain information about each client without going into the actual file (i.e. the status, the year end, whether the return had been e-filed etc.). Now you have to actually open the particular client file to see that information. I don't know if this an option that has to be selected but I have been unable to find the answer. Extremely annoying. Also, the program has become quite expensive, especially for a sole practitioner. ----- ### "TAXPREP iFIRM" — 4.0/5 > **Collin** | *25 March 2021* | Accounting | Recommendation rating: 9.0/10 > > **Pros**: Product was easy to setup, and deploy to staff - simply gave them the log-in script to the firm web address. Any software product updates are done in the back end, generally overnight which means i am no longer installing an deploying the software updates on my firm server, then updating all the user accts on all the workstations. Can work on client files at the office, or remotely - as long as I have internet connection (which is an ongoing issue in the Territory where I live). Great tech support team - any questions, they were most helpful. > > **Cons**: Being dependent on internet connection, internet up \& down load speeds. The Territory where i live has very slow internet up \& down transfer speeds. Am use to TaxPrep server software where data is transferred quickly making jumping between forms or family members's forms seamless. Web-based TaxPrep iFirm has a noticeable delay . After using TaxPrep server based software for over 30 years, I am still getting use to the new way of jumping between forms, adding forms, or drilling down on linked data cells. One major issue is being completely dependent on internet connection - if the one (1) fiber line to the Yukon is cut (which happens multiple times per year), then my office is has lost connectivity and production. > > I integrated the iFIRM TaxPrep with iFIRM Portal / e- Signature, so I can offer my customers an updated tool to send their data at their convenience, from where-ever they live, from what- ever device, to my office. We still offer the option to meet in-person. TaxPrep iFirm is integrated with the iFirm Client mgmt, Time \& Billing software, which allows us to update client information once, in one location, instead of in multiple data bases, and locations. The software updates are done in the "background" which has saved me hours on the weekends during Tax Season. My office uses the client "dashboard" type features from the CCH TaxPrep Dashboard tool, to track client status, notes and who is working on the file. This has lowered my stress as I can see the data from my tool. ----- ### "Taxprep: The In's and Out's" — 5.0/5 > **Eric** | *2 March 2023* | Financial Services | Recommendation rating: 7.0/10 > > **Pros**: We process a multitude of tax returns for both personal and corporate. We deal with many companies and Taxprep has always been there helping us out. The programs are amazing and they offer amazing support and have a wide array of answers to many questions to help you along the way. > > **Cons**: Sometimes the support team can forget about you and you feel forgotten about. But the most thing I like least is the pricing. Personally I feel the price could be lower as looking around at other software's to buy the prices are definitely lower in other markets. Just something to keep in mind. > > Overall we are satisfied with this program. The price is a bit high but we get outstanding functionality and a great knowledge base to use with out staff. We will keep using this for many years to come hopefully ----- Page: 1 / 10\ Next: [Next page](https://www.softwareadvice.co.nz/software/264119/taxprep?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/264119/taxprep) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data