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the software provider supports professionals in several industries; tax preparation, business, legal, accounting, finance and others. TaxWise is the company’s software for tax preparers. Although it is simple and has a user-friendly interface, it falls behind in several areas when it comes to innovation. However, it continues to develop and improve to keep up with other industry-leading software products. In this article, we’ll cover all the pros and cons of the software to help you make a more informed choice.
TaxWise has over 60 bilingual forms for EROs to choose from, in case English isn’t the language they feel most comfortable with. This feature, although simple, makes it easy for those who find bilingual form support useful.
With the Diagnostics Tool, you won’t have to guess anything, whether wrong or missing. This feature allows you to find out what is wrong or missing and tells you how to fix it as well. Unlike some software products, TaxWise professional tax software has such an aspect taken care of, which could save time and make tax preparation a smoother experience all around.
‘What If’ Mode
The ‘What If’ Mode allows EROs to emulate different tax preparation scenarios to understand how calculation works and what forms to use when they prepare an actual tax return. This tool is a useful educational source because not only does it let you practice with a demo return; it also emulates scenarios that are common. This could help you figure things out faster when you work with actual returns.
TaxWise has recently rolled out a customizable mobile app that taxpayers can use to communicate with tax preparers and submit their documents through. This app can be used on any device that has a web browser and not only on smart phones. In our TaxWise reviews, we found that it is simple and easy to use, even to those who aren’t tech savvy.
Third-party Gadget Integration
Unlike other software providers, TaxWise falls behind when it comes to this aspect. Gadgets like handheld scanners and signature pads aren’t supported. In our TaxWise tax software reviews, we found that this could be a crucial aspect for high-volume tax businesses.
We suggest you get a TaxWise software free download of a demo, which you can get from our website, before you decide to work with it or any other software product. Good luck!