# Bloomberg Tax Provision Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Bloomberg Tax Provision Software - reviews, pricing plans, popular comparisons to other Tax Preparation products and more.

Source: https://www.capterra.com/p/10012418/Bloomberg-Tax-Provision

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# 

 Bloomberg Tax Provision Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on March 13, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[FAQs](#faqs)[Features](#features)[Pricing](#pricing)[Integrations](#integrations)[Support](#support)

Bloomberg Tax Provision

## What is Bloomberg Tax Provision?

Bloomberg Tax Provision automates complex calculations for accurate provisions that always tie out. Our Provision solution is a flexible framework that not only safeguards your team from manual errors, but also updates all calculations anytime your tax footprint changes, so you can close quickly and confidently. Bloomberg Tax Provision automatically runs your ASC 740 tax provision calculation and applies adjustments to your rate rec and all other related schedules so they’re guaranteed to tie out. With easy-to-use templates that make it simple to upload data from your existing workpaper to exporting reports for your income tax provision directly to your auditors in a review-ready Excel output, Bloomberg Tax Provision helps you get your tax provision right, every time.

## What is Bloomberg Tax Provision used for?

[Tax Preparation](https://www.capterra.com/tax-preparation-software/)

Overall rating

Based on 0 user reviews

Reviews sentiment

Positive

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Neutral

\-

Negative

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Starting price

Free trial  
not available

Free version not included

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## Bloomberg Tax Provision alternatives

Highest Rated

[4.7 (3,594)](https://www.capterra.com/p/186749/TaxDome/reviews/)

Starting price

$800.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

97%

of reviewers

rated it above 4 stars

[MyTAXPrepOffice](https://www.capterra.com/p/179883/my-TAXprep-office/)

[4.5 (237)](https://www.capterra.com/p/179883/my-TAXprep-office/reviews/)

Starting price

$695.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

90%

of reviewers

rated it above 4 stars

[Learn More](https://www.capterra.com/p/179883/my-TAXprep-office/)

[TurboTax Business](https://www.capterra.com/p/179846/TurboxTax-Business/)

[4.5 (274)](https://www.capterra.com/p/179846/TurboxTax-Business/reviews/)

Starting price

$170.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

89%

of reviewers

rated it above 4 stars

[Learn More](https://www.capterra.com/p/179846/TurboxTax-Business/)

[Drake Tax](https://www.capterra.com/p/176133/Drake-Tax/)

[3.8 (115)](https://www.capterra.com/p/176133/Drake-Tax/reviews/)

Starting price

$349.99

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

67%

of reviewers

rated it above 4 stars

[Learn More](https://www.capterra.com/p/176133/Drake-Tax/)

## FAQs about Bloomberg Tax Provision

Overview

### What company size and specific industries is Bloomberg Tax Provision built for?

Bloomberg Tax Provision is designed for mid-size corporations, enterprise businesses, and accounting firms that need tax provision software. It fits organizations managing complex tax reporting and firms that support corporate tax compliance and accounting processes.

Features and Usability

### What are the key features of Bloomberg Tax Provision?

Bloomberg Tax Provision offers tax calculation, tax compliance, tax management, and tax planning features for provision and filing workflows. It also includes workflow management, approval process control, access controls/permissions, alerts/notifications, audit management, and reporting & statistics, plus data import/export, multi-currency support, tax filing, and tax forms.

Integrations

### Which third-party tools and platforms does Bloomberg Tax Provision integrate with?

Bloomberg Tax Provision integrates with Bloomberg Tax, Bloomberg Tax Workpapers, and Microsoft Excel.

Getting Started and Support

### What training and onboarding options does Bloomberg Tax Provision offer?

Bloomberg Tax Provision provides in-person training, live online sessions, webinars, documentation, and videos to help teams get started. In-person and live online formats support guided instruction, webinars cover broader feature overviews, and documentation and videos offer self-paced reference material for setup and ongoing learning.

Getting Started and Support

### What customer support options does Bloomberg Tax Provision offer?

Bloomberg Tax Provision provides Email/Help Desk, FAQ/Forum, Knowledge Base, and Phone Support. No reviewer feedback is available here to describe response times, helpfulness, or common support frustrations, so the support experience cannot be characterized further from the catalog data.

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Access Controls/Permissions

Define levels of authorization for access to specific files or systems

Alerts/Notifications

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

API

Application programming interface that allows for integration with other systems/databases

Approval Process Control

Manage the process of evaluating documents or requests submitted for approval

Audit Management

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

Compliance Management

Track and manage adherence to policies for any service, product, process, or supplier

Bloomberg Tax Provision 15 features

Define levels of authorization for access to specific files or systems

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Application programming interface that allows for integration with other systems/databases

Manage the process of evaluating documents or requests submitted for approval

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

Track and manage adherence to policies for any service, product, process, or supplier

Import and export data to and from software applications

Manage and handle various international currencies

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Create, manage and track all task activities and progression

Calculate tax and make deductions on gross income from sources like wages, investments or self-employment

Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors

Implementation of various strategies to manage tax obligations via planning and maintaining compliance

Financial planning for tax purposes

Create, design and manage workflows for repetitive tasks

## Pricing

## Integrations

[

Microsoft Excel](https://www.capterra.com/p/176574/Excel/)[

Bloomberg Tax Workpapers](https://www.capterra.com/p/10029668/Bloomberg-Tax-Workpapers/)

## Support, customer service and training options

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

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