Taxwise Professional Tax Software

Taxwise Professional Tax Software 300 251 admin

TaxWise tax software has been one of the most reliable tax software products for decades. In this article, we’ll go through everything you need to know about TaxWise noteworthy features and its advantages and disadvantages. We’ll also help you download a free demo.

Advantages:

Bilingual Forms:
TaxWise comes with over 60 bilingual forms for EROs whose first language isn’t English. While this may not seem like a big deal to most tax professionals, it’s definitely a huge plus for those who don’t feel most comfortable with English.

Diagnostics Tool:
TaxWise tax software has a robust, yet simple and self-explanatory user-interface. It comes with a point-and-shoot error solving mechanism, also known as the Diagnostics Tool. This tool points out wrong and/or missing information on tax returns and guides you through the process of fixing errors. This tool saves time and makes it easier for tax professionals to prepare more returns.

‘What If’ Mode
The ‘What If’ mode is a mode that emulates actual tax preparation scenarios to help you get a better understanding of how the software works and calculates in different scenarios. While TaxWise software reviews mention this as a ‘demo return’ tool, it could make your actual tax preparation process smoother and faster.

Mobile App
TaxWise professional tax software recently introduced a mobile app for both taxpayers and tax preparers to communicate. This app can be customized and used by taxpayers to send documents and track return progress. It can be accessed, not only via smartphones, but by any device with a supported web browser.
Disadvantages:

No Signature Pads or Handheld Scanners
Third party gadgets such as handheld scanners and signature pads are a must-have; especially for high-volume tax offices and paperless tax offices. These gadgets help save time and money. In our TaxWise tax software reviews, we found that TaxWise would attract more customers if it supported these gadgets. We believe TaxWise will soon support these gadgets in an upcoming update.

Before you decide whether or not TaxWise would be right for you, we suggest you download a demo of the software from our website for free. Get to see the software and how it works before you make your choice. Good luck!