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Designed for small businesses, it is a tax practice management solution that helps provide guidance on maximizing taxation benefits, mortgage interest, and real estate tax deductions.
Taxprep is accounting software used across Canada in both English and French by Public Accounting, Tax Preparation, Legal Services, Bookkeeping, Banking, Insurance, Education, Government, + More.
Overall, this is the only software I use for my taxes because my experience has been amazing each time. I would recommend this software to everyone.
I used for an 1120S return and it was cumbersome and slow. The review process in the software was terrible.
This software is very easy to deploy and very easy to use. It has a lot of features that make this software a very good value.
Again, that's just me looking for some sort of negative.
Great questionnaires and resources to go through tax prep. Audit check is excellent.
I was also running into some errors trying to pick up where I left off.
I love how quick and easy this ap is to use. It walks you through the steps of filling yourself.
Well not much to complain about, other than the cost to keep my stress level low.
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.
Mixed feels about the software, as the installation and updating process is terrible, and getting someone on the phone for tech support takes way too long, and they don't always have the answers.
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.
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.
However, I keep coming back to this software program as it is the best out there and the one that I am most comfortable with.
I find the diagnostics often poorly written and difficult to see.
It was a great upgrade from our previous software and it integrates well with the other software from cch which creates a great way for us to manage our midsized form.
In TP1 should be the possibility to transfer Québec refund into conjoint automatically, now it always manual. Where is useless diagnostics in a report of depending person.
Penny: Hi, my name is Penny, and I am a Senior Tax Consultant. I give Taxprep a rating of five. For more reviews, please click below. I use Taxprep for personal, corporate, trust and foundation tax returns. So I basically use the full suite of the software's available options. I do really like the slip importing and exporting options. It gives me the flexibility of importing data from external sources. And as well, I can extract data from Taxprep into Excel, and that will be compatible with other years of tax returns in Taxprep or other softwares. Recommendations for improvement for the software's user-friendliness, I would suggest that Wolters Kluwer could be more open about their mapping of the fields in each year's Taxprep software. So that we, as tax accountants, can more easily streamline our tax preparation process through a summary of all cells in a year's Taxprep software, so that we don't have to spend hours trying to update our process mapping for each year before the tax season starts.
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