--- title: "Taxprep Software Pricing, Alternatives & More 2026 | Capterra" description: "With the help of Capterra, learn about Taxprep Software - reviews, pricing plans, popular comparisons to other Bookkeeper products and more." source_url: "https://www.capterra.com/p/185193/Taxprep/" page_type: "product" language: "en" publication_date: "2026-10-19" --- # Taxprep Software Review 2026: Features, Integrations, Pros & Cons Last updated on October 19, 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)[Pros and Cons](#pros-cons)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews) Taxprep ## What is Taxprep? Taxprep is Canada's most advanced line of tax preparation software, relied on by all 30 of the top accounting firms in the country, as well as thousands of local firms, small practitioners, and corporations. Supported by industry-leading customer service, technical support, diagnostics, and optimizations, Taxprep is Canadian tax return software that gives you the tools you need to increase profitability and offer clients value-added services during tax season and beyond. ## What is Taxprep used for? [Corporate Tax](https://www.capterra.com/corporate-tax-software/)[Bookkeeper](https://www.capterra.com/bookkeeper-software/)[Tax Preparation](https://www.capterra.com/tax-preparation-software/) Top alternative Featured Overall rating Based on 215 user reviews Reviews sentiment Positive 95% Neutral 4% Negative 0% Pros & cons Intuitive and user-friendly design Robust tax compliance tools High and increasing costs Starting price $1 Per User, Per Month Free trial available Free version not included Capterra Shortlist charts the highest-rated and most popular products... Our "Best of" badge program showcases products with the highest ratings... Our "Best of" badge program showcases products with the highest ratings... Do you work for Taxprep?[Manage this product listing](https://www.g2.com/products/taxprep/claim_requests/new?auto=true) ## Compare with a popular alternative Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status. ### Taxprep 4.6 (215) VS. [4.4 (3,341)](https://www.capterra.com/p/120109/Xero/reviews/) Starting Price $1 Per Feature Starting Price $25 Flat Rate, Per Month Free Trial Free Version Pricing Options Free Trial Free Version Ease Of Use 4.4 (215) Ease Of Use 4.4 (242) Value For Money 3.8 (191) Value For Money 4.2 (230) Customer Service 4.2 (182) Customer Service 4.0 (234) ## Taxprep alternatives [4.2 (2,086)](https://www.capterra.com/p/135757/NetSuite/reviews/) Starting price Contact vendor for pricing Pricing Options Free Trial Free Version User Rating 85% of reviewers rated it above 4 stars [4.5 (286)](https://www.capterra.com/p/150647/Canopy-Tax/reviews/) Starting price $22.00 Per User, Per Month Pricing Options Free Trial Free Version User Rating 93% of reviewers rated it above 4 stars Highest Rated [MyTAXPrepOffice](https://www.capterra.com/p/179883/my-TAXprep-office/) [4.6 (242)](https://www.capterra.com/p/179883/my-TAXprep-office/reviews/) Starting price $895.00 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/) [Drake Tax](https://www.capterra.com/p/176133/Drake-Tax/) [3.8 (116)](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 66% of reviewers rated it above 4 stars [Learn More](https://www.capterra.com/p/176133/Drake-Tax/) [View all alternatives](https://www.capterra.com/p/185193/Taxprep/alternatives/) ## FAQs about Taxprep Overview ### What problems does Taxprep solve? Taxprep solves error-prone tax return preparation by applying current tax rules, calculating complex T1, T2, T3, and forms returns, and flagging missing or inconsistent entries before filing. Accountants, tax specialists, reviewers, and public accounting firms use its diagnostics, review tracking, client files, and what-if scenarios to support compliant filings and tax planning. Answer based on 134 reviews Overview ### Which roles and teams benefit most from Taxprep? Taxprep is most used by accounting firm partners, CPAs, accountants, and tax managers who prepare, review, and file client tax returns. Finance leaders, including CFOs and controllers, use it to manage corporate tax reporting and compliance. Firm owners, presidents, and office managers rely on it to oversee tax workflows and deadlines. Answer based on 215 reviews Overview ### What company size and specific industries is Taxprep built for? Taxprep is designed for organizations of all sizes across Canada, especially public accounting firms, tax preparation providers, legal services, bookkeeping businesses, banks, insurance companies, education institutions, and government agencies. It supports both English and French users in these sectors. Features and Usability ### What are the key features of Taxprep? Taxprep includes core tax preparation features for T1, T2, and tax forms, with tax calculations, electronic filing, and tax compliance tools. Its differentiating review capabilities include diagnostics, data verification, exception notifications, and change tracking. Client management, form management, tax planning scenarios, and status tracking support preparation and review workflows. Answer based on 85 reviews Getting Started and Support ### How good is Taxprep technical support? Taxprep provides knowledgeable technical support for filing questions, diagnostics, and day-to-day product issues. Accounting firms and tax specialists often find the team helpful and able to resolve complex problems. However, response times can lengthen during tax season or after major releases, and some users report difficulty reaching support promptly. Answer based on 25 reviews Getting Started and Support ### How easy is it to onboard and train a team on Taxprep? Taxprep offers in-person training, live online sessions, webinars, and documentation. Users with tax experience generally find navigation intuitive after learning the workflow, while newcomers to tax software and administrators handling setup may face a steeper learning curve. Reviewers value webinars and training programs but report that initial training can feel difficult without hands-on context. Answer based on 10 reviews Getting Started and Support ### What customer support options does Taxprep offer, and how do users rate the experience? Taxprep offers chat support. User experiences are mixed: many describe support staff as helpful, patient, and timely for technical questions and form calculations. Others report difficulty reaching support, long wait times during tax season, inconsistent service, and frustrating assistance with billing, licensing, and account matters. Answer based on 27 reviews Features and Usability ### How easy is Taxprep to update? Taxprep delivers frequent tax and compliance updates, but the installation experience varies by deployment setup. Cloud-based firms value overnight back-end updates, while network and desktop users often find patches, reinstalls, and version management time-consuming. Firms should plan for testing updates, especially when working with prior-year returns or customized settings. Answer based on 36 reviews Features and Usability ### How does Taxprep help manage tax clients? Taxprep helps tax practices manage client files through dashboards, return status tracking, reporting, file sharing, and tax-planning scenarios. Public accounting firms value the client database and visibility into filing progress. However, customizing client letters, communication templates, and annual user settings can require manual effort, particularly for firms with specialized workflows. Answer based on 23 reviews ## Pros and Cons Intuitive and user-friendly design 86% positive reviews out of 65 Most reviewers find the software easy to navigate, with a straightforward interface and minimal learning curve. High and increasing costs 80% negative reviews out of 61 Most users comment pricing is significantly higher than competitors, with frequent increases impacting small practices. Robust tax compliance tools 88% positive reviews out of 48 Most users report tax preparation tools handle complex returns efficiently, ensuring accuracy and up-to-date compliance. Comprehensive error-checking features 88% positive reviews out of 24 Most reviewers describe diagnostics as thorough, helping catch mistakes and oversights before submitting returns. ## Features AI summary Based on 2,479 Bookkeeper reviews Capterra data shows that buyers of bookkeeper software rank the following features as their top priorities: - **Accounting** (**66%** of reviewers rated this feature as critical) - **Invoice Processing** (**59%**) - **Income & Balance Sheet** (**56%**) Taxprep includes **Accounting**. However, it does not include **Invoice Processing** or **Income & Balance Sheet**. Its **Accounting** functionality helps businesses keep financial records organized, track transactions accurately, and maintain day-to-day visibility into core bookkeeping activity, helping teams manage finances with greater control and consistency. Data Verification 5.0 (4) 75.00% of 4 reviewers that rated this feature as important or highly important Process of checking different types of data for accuracy to avoid errors or inconsistencies Electronic Filing 5.0 (4) 75.00% of 4 reviewers that rated this feature as important or highly important Transmit documents to regulatory authorities over the web Tax Calculation 5.0 (4) 75.00% of 4 reviewers that rated this feature as important or highly important Calculate tax and make deductions on gross income from sources like wages, investments or self-employment Corporate/Business 5.0 (3) 66.67% of 3 reviewers that rated this feature as important or highly important Software specialized for corporate use Data Import/Export 4.7 (3) 66.67% of 3 reviewers that rated this feature as important or highly important Import and export data to and from software applications Status Tracking 5.0 (3) 100.00% of 3 reviewers that rated this feature as important or highly important Track the status over time for a request, process, asset, or transaction Taxprep 20 features ### All Features - Accounting: Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc. - API: Application programming interface that allows for integration with other systems/databases - Client Management: Manage contact details and communication with clients - Compliance Management: Track and manage adherence to policies for any service, product, process, or supplier - Corporate/Business: Software specialized for corporate use - Data Import/Export: Import and export data to and from software applications - Data Verification: Process of checking different types of data for accuracy to avoid errors or inconsistencies - Document Management: Store, manage, and track all electronic documents in a centralized location - Electronic Filing: Transmit documents to regulatory authorities over the web - For Accountants: Software specialized for accountants and accounting firms - For Nonprofits: Software specialized for non-profit organizations - Multi-Currency: Manage and handle various international currencies - Status Tracking: Track the status over time for a request, process, asset, or transaction - Task Management: Create, manage and track all task activities and progression - Tax Calculation: Calculate tax and make deductions on gross income from sources like wages, investments or self-employment - Tax Compliance: Track tax-related transactions, tax remittance and tax reporting for various groups of employees and contractors - Tax Filing: The completion of documentation that calculates earned income and the taxes to be paid, also called a tax return - Tax Forms: Declaration of income made to tax authorities - Tax Management: Implementation of various strategies to manage tax obligations via planning and maintaining compliance - Tax Planning: Financial planning for tax purposes --- Get Advice We can help you find the software with the features you need. Features 4.4 (215) 4.4 Based on 215 reviews ## Pricing Value for money 3.8 (191) Free Trial Basic $1.00 Per Feature, Value for money 3.8 (191) 3.8 Based on 191 reviews Connect with a Capterra advisor for a free 15-minute consultation Get a personalized software list aligned to your business needs with guidance from our expert advisors. Our team has helped 1 million+ businesses like yours find options that fit their needs. ## Support, customer service and training options Customer Service 4.2 (182) 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 Customer Service 4.2 (182) 4.2 Based on 182 reviews ## User reviews Overall rating 4.6 Based on 215 reviews Filter by rating Counts reflect reviews available in this feed. 5(140) 4(65) 3(9) 2(1) 1(0) Mentioned topic Recent reviews first, then most helpful RE Reviewer Partner Used the software for: 3-5 years ### "Review" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 8, 2019 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 Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. RE Reviewer Partner Used the software for: 3-5 years ### "Taxprep" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 4.0 4.0 Likelihood to Recommend 9/10 November 6, 2019 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. RE Reviewer Office Manager Used the software for: 3-5 years ### "Generally good - new advanced version are not great" 3.0 Overall Rating 3.0 3.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 4.0 4.0 Likelihood to Recommend 8/10 January 16, 2020 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. RE Reviewer Accountant Used the software for: 3-5 years ### "Best tax softare for a full service firm, but pricey" 5.0 Overall Rating 5.0 5.0 Ease of Use 3.0 3.0 Features 5.0 5.0 Customer Service 3.0 3.0 Likelihood to Recommend 10/10 January 13, 2020 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. RE Reviewer Partner Used the software for: 1-3 years ### "Happy Customers :)" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 November 1, 2019 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. VR Verified Reviewer Senior Associate Used the software for: 3-5 years ### "Taxprep Software" 5.0 May 24, 2019 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. Nathalie M. accountant Used the software for: 3-5 years ### "Pro Fx is the greatest tax software out there" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 1, 2020 Overall, I've had a very positive experience with Tax prep. I am able to work on large and complicated returns on a user friendly software. Pros Wolters Kluwers tax prep has been my most preferred tax preparation software for multiple reasons. It's a very sophisticated software and enables me to prepare complex tax returns that include an enormous amount of information and forms. I find it very user friendly and easy to navigate and I feel the input sheets are organized in a convenient way. I also like the presentation of the instructional letters. Cons I will, to an extent, always struggle with state returns and this is where i feel this, as well as other tax prep softwares fall short. It's difficult to determine where to input certain information so that it flows to the correct line on the state return. If the "link to worksheet" function could provide better guidance, that would be much more helpful. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. VR Verified Reviewer Associate Partner Used the software for: 3-5 years ### "Reliable" 4.0 Overall Rating 4.0 4.0 Ease of Use 4.0 4.0 Features 4.0 4.0 Customer Service 5.0 5.0 Likelihood to Recommend 9/10 November 1, 2019 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 Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. VR Verified Reviewer Accounting technician Used the software for: 3-5 years ### "Great product" 5.0 Overall Rating 5.0 5.0 Ease of Use 5.0 5.0 Features 5.0 5.0 Customer Service 5.0 5.0 Likelihood to Recommend 10/10 May 20, 2019 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. VR Verified Reviewer Accountant Used the software for: 3-5 years ### "The best of the best for tax preperation" 5.0 July 4, 2019 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. Review source Non-incentivized review: any software user can leave a review for any product listed on our site. All submitted reviews are subject to our verification process prior to publication. [View all Reviews](https://www.capterra.com/p/185193/Taxprep/reviews/) ## Top-rated software of 2026 ### Fill out the form and we'll send a list of the top-rated software based on real user reviews directly to your inbox. Popular comparisons [MyTAXPrepOffice vs Taxprep](https://www.capterra.com/compare/179883-185193/my-TAXprep-office-vs-Taxprep)[Xero vs Taxprep](https://www.capterra.com/compare/120109-185193/Xero-vs-Taxprep)[Drake Tax vs Taxprep](https://www.capterra.com/compare/176133-185193/Drake-Tax-vs-Taxprep) [TurboTax Business vs Taxprep](https://www.capterra.com/compare/179846-185193/TurboxTax-Business-vs-Taxprep)[TaxDome vs Taxprep](https://www.capterra.com/compare/185193-186749/Taxprep-vs-TaxDome)