User Reviews Overview
About Taxprep
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...
Learn moreAll Taxprep Reviews Apply filters
Browse Taxprep Reviews
All Taxprep Reviews Apply filters
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Review
Work flow management
Pros
Ease of use, functionality, integration with other taxprep programs and iFirm database
Cons
The software works very well but is pricey and costs should be watched for future sales
- Industry: Accounting
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep
We use all the Taxprep modules and it allows scalability to our business by offering all forms and returns that we could ever need. The integration with CRA online has been wonderful.
Pros
I like that Taxprep integrates nicely with many other 3rd party add-ons. Also, the functionality, ease of use, and accuracy of Taxprep is much better than the competitors. I feel that much time, and resources are spent annually on Taxprep to make it a superior offering as compared to competitors.
Cons
Pricing structure is not as competitive-that would be the only downside I see. I would like to see Taxprep offered as SAAS to simplify the installation and updates.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
CHARTERED ACCOUNTANT
GREAT AND USER OF THE PRODUCT ALMOST 30 YEARS.
Pros
RELIABILITY AND ACCURACY. GREAT TECHNICAL HELP.
Cons
GETTING TOO PRICY-GETTING TO A POINT OF BEYOND AFFORDABILITY.
DIFFICULT TO REACH.
Top Taxprep Alternatives
- Industry: Accounting
- Company size: 51–200 Employees
- Used Daily for 2+ years
-
Review Source
Generally good - new advanced version are not great
Overall it is good. I think our feelings are now tainted due to the issues with the new advanced versions having so many issues when they were rolled out.
Pros
Connection between types of software is very useful for importing information to prepare elections, slips etc. Efiling in batches is very useful and saves lots of time rather then with each clients individual code. Importing of slips from CRA feature saves lots of time in preparation.
Cons
The new advanced versions are creating many issues. They were released without proper testing and had many glitches including letters not printing, batch printing not working, files freezing and unable to save so loss of work. The old versions were great we had no issues with them. In general I would say the inability in T2 software to allow RC59 filing separate from return like in the T1 with the T1013 to prevent accidently filing of eligible returns with the RC59.
- Industry: Accounting
- Company size: Self Employed
- Used Daily for 2+ years
-
Review Source
Best tax softare for a full service firm, but pricey
Pros
I've used many competitor softwares, and I find taxprep to be by far the most robust, easy to use and clean. I love that it quickly shows what the prior year balances were in the monitor and the clean layout of the pages.
Cons
Its expensive... much more so than competitors.
Customer service can be hit and miss at times.
- Industry: Accounting
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
Happy Customers :)
Customer service has addressed all issues in a timely fashion.
Pros
Ease of use, intuitive layout, diagnostics, and integration with IFirm.
Cons
Initially the cost, although we now feel it has been good value for our money.
- Industry: Accounting
- Company size: 5,001–10,000 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep Software
Pros
I primarily use the corporate and forms taxprep software. What I look most about the software is the amount of tools available to review tax returns and forms prepared within the software. As a reviewer, it is important to keep track of any items that need to be double checked, confirmed with clients, and potentially updated. The reviewer tools, such as the ability to track changes, helps ensure that the returns are completed accurately, and that we have comfort over all the information included in the return.
Cons
There are certain quirks with the software that can clash with the technical treatment of certain items. Sometimes, you may be unable to e-file a tax return if unless you select a certain box or input a number into a certain section. However, the technically correct approach may be to leave those input areas blank. Therefore, the software can in some instances create issues in filing returns. Please note that I experienced this issue very rarely.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Reliable
very good - highly recommended
Pros
accurate and up-to-date software and tax tables
Cons
ability to download archives of old software - must rely on CD
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Great product
Taxprep is very quick to update their software with the latest tax changes. They are very reliable as well.
Pros
I love the ease of use, integration with our caseware software and customizability letters. The customer service is excellent, whether it is with tech support, or for assistance with form calculation, the support team is very helpful and wait times are a minimum.
Cons
The things that I like least are very minimal.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
The best of the best for tax preperation
Pros
This is the ultimate in tax preparation. Has best interface, best feature set and the most trusted calculations and up to date information built in. Has mad strides in integration between their other products which makes it even better. Has nice on board pricing for new users.
Cons
The cost can get very high especially when you get the full package.
- Industry: Accounting
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Could not do my job without TaxPrep
I am a tax specialist and use Taxprep T1 and T2 every single day. I use it for creating scenarios to review the tax planning with clients. This shows all the different things you looked at and consider on one or two pages. It also illustrates to clients the amount of time, thought and energy you placed on their tax planning and how important they are to your business.
Pros
This software is easy to use and extremely flexible. Allows for tax planning as well as preparation of returns of all sort.
Cons
Nothing! Could not imagine working everyday without this software.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep compared to all other tax preparation software
The overall package of tax reporting software and the addition of iFirm to aid with time, job and general practice integration has made Taxprep and it's group of products indispensable.
Pros
It just plain works 99.9% of the time. The .1% is usually a result of user (me) error
Cons
Having to open a different piece of software to access prior year versions and files
- Industry: Accounting
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Review of Taxprep
Pros
Seldom shuts down while using, intuitive, jump field as helpful.
Cons
Search function could be better, would be nice if it could automatically integrate with other CCH products lie engagement or prosystems fx. The billing for my CCH suite is also very confusing and never straight forward. I have serious issues with the service provided to me by my account manager and if I ever switch products it will be for this reason. Amount I pay for all products have tripled since I first stared using it 6 years ago, I don't see three times the value, in fact, service gets worse every year.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Long time user potentially being forced to change due to cost of software
Generally a very positive experience with Taxprep. We're a small family business. We have used Taxprep since we switched from manually preparing the tax returns - probably close to 30 years ago.
We've been receiving advertising regarding software that could be used for a limited number of returns. We wish an option like that were available with Taxprep. If at all possible, we would like to continue using Taxprep. However, that may not be feasible due to the cost.
Pros
Consistency from year to year.
Reliability.
Cons
The cost. Our firm is winding down. As we wind down the cost ratio is getting so high that we may have to look at other options.
- Industry: Accounting
- Company size: Self Employed
- Used Weekly for 2+ years
-
Review Source
Improvment to Schedule # 60
I am an SR&ED Consultant and prepared about 50 claim a year and of all software that I use, I prefer Taxprep to Profile, CanTax and other tax Software because its menu driven, easy to operate and very friendly.
Pros
Software is easy to navigate, schedule and amount are properly prorated and easy to follow.
Cons
When information has to be repeated to one schedule to another, the only option is to Copy and past the Info from one schedule to the other.(Can be Time Consuming) For Example, if I have 20 Projects in an SR&ED Claim, I have to type similar information in each schedule instead of having the information pop-up base on the First Letter of a specific box. I use different Tax software base on my client need. I use Profile which have the function that I have outline above which is grate because its reduce time at entering the info. However, their software is not as friendly as Taxprep.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Canadain Tax Software
It's been the mainstay of our business for the past 15 yeras. Without it, I feel, our services to clients would have been compromised.
Pros
In the realm of Canadian income tax software, TaxPrep has to be the leader. It's extremely comprehensive and contains a wealth of information regarding the Canadain income tax system. It's diagnostics are broad and inclusive. This program can handle whatever you can throw at it.
Cons
The programs are expensive, but it's a top-quality product, well worth the extra outlay.
- Industry: Financial Services
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep is great
i have used various programs over my career preparing tax returns and taxprep is by far the best product out there... definitely more expensive than other products, but the feature taxprep provides makes preparing the returns and tax season run smoother and is more efficient
Pros
customer service and ease to use (diagnostics are very useful and helpful)
Cons
The program is great, but the major issue would be the price... i guess in this case it is a matter of "you get what you pay for"... high quality product
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Personal and Corporate Tax Prep
Good.
Pros
Ease of use, nice interface, good diagnostics. Reliable
Cons
Nuisance diagnostics.
# of revisions
Way too expensive.
Too much pushing of other products.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep Review
Pros
Product is very intuitive, easy to use, stable, and has advanced tax features, forms and calculations.
Cons
Support is great most of the time but a few times hard to get a hold of them. Very expensive relative to other products.
- Industry: Accounting
- Company size: 2–10 Employees
- Used Weekly for 2+ years
-
Review Source
Great software but very expensive!
Pros
I am a huge fan of the Taxprep T1, T2 and Taxprep forms. I find it easy to use, accurate and more sophisticated than most other software I have used with respect to complicated transactions. The technical support is also usually excellent.
Cons
However, I find the price very high and much more than the other competitor's products. My associates do not find the price differential "worth it" and are not sharing this product cost with me. I find the product superior but am debating whether I can still afford the high price.
- Industry: Accounting
- Company size: Self Employed
- Used Daily for 2+ years
-
Review Source
tax prepare review
tax planning is good
Pros
all credits/payable can be seen in one place
Cons
price of software. and from trial to actual software there is difference that I don't aware when I use discount version
- Industry: Management Consulting
- Company size: 2–10 Employees
- Used Weekly for 2+ years
-
Review Source
Taxprep
Generally a very good experience
Pros
The product is very user friendly and easy to learn. Taxprep has a very good diagnostics routine, which helps to eliminate any errors in the return.
Cons
I find the T2S9 a little cumbersome to amend each year. The sort feature is only alphabetical and I prefer the companies to be grouped alphabetically within year ends. We have over 30 companies with different year ends. The only way to add a company in the middle of the schedule is to redo the entire form. It would be helpful to be able to add a line wherever you want it rather that at the end.
- Industry: Accounting
- Company size: Self Employed
- Used Daily for 2+ years
-
Review Source
CRITCAL REVIEW
Pros
I am not computer literate, however, I find this software very easy to use
I also find the help feature to be very helpfull
Cons
The pricing. I am 77 years old and am heading towards retirement. As my practice diminishes the costs become prohibitive. I have requested a seniors discount with no success
- Industry: Accounting
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep suite (T1, T2, T3)
Overall Wolters Kluwer is responsive when issues are raised.
Pros
The software is comprehensive, we have yet to find a situation not handled in the software.
Cons
Sometimes changes are made to the product that negatively impact workflow and efficiency, it seems like they were not tested in an office environment
- Industry: Accounting
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Taxprep - Hard to beat
making less errors in tax returns, helpful in tax planning for the future
Pros
The software is easy to use and has
strong diagnostics
Cons
I would prefer if it was a bit cheaper, and if the T3 interface was more like the T1
