All Taxprep Reviews
1-25 of 214 Reviews
Sort by
Penny
Accounting, 5,001 - 10,000 employees
Used more than 2 years
OVERALL RATING:
5
Reviewed December 2021
Easy Import & Export Functions
Anonymous
2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
FUNCTIONALITY
5
Reviewed July 2019
The best of the best for tax preperation
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.
CONSThe cost can get very high especially when you get the full package.
Alexei
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
2
FUNCTIONALITY
4
Reviewed May 2021
Title
It is best interface and using comparing to other product of the same domain.
PROSIt’s professional and pointed on formulars instead of simple data entering
CONSIt is expensive, version updating process is manual, it is slow starting, slow opens files. There is a list of problems and missing features that could be implemented: - Form 21200 makes wrong calculation of amount for QST refund (reported into VD-358) - CARE form took in federal consideration the amount entered in Quebec - it should not, because some times there is no deductible amount to federal side; - When TED federal fails, it should not try to send provincial; - 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. Dependant have same address, but diagnostics is asking if he lives alone and two more related questions; - Then you try to open more then 5 pdf files (after generating pdfs) it always asking to confirm, because it maybe slow down the system. There is should be possibility suppress that confirmation forever. Like check box "Do not ask this question in a future"; - There is shoud be a summary page similar to DT max summary page - that shows essential information on one page; - Then a person have self-employe income (2125) and foreign employe income, program should not calculate RQPP on this foreign income.
Reasons for switching to Taxprep
It has better interface, does more automatically.
Ed
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
3
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed January 2020
Review of T2 programs
I have been using Taxprep for over 20 years. I am very familiar with the program. The program is relatively easy to use. I like the fact that the return on the screen is exactly the same as what is printed out. The diagnostics function is very useful.
CONSI have noticed a change in version 2 of the T2 2019 program which is not at all useful. When you first open the program you used to be able to see certain information about each client without going into the actual file (i.e. the status, the year end, whether the return had been e-filed etc.). Now you have to actually open the particular client file to see that information. I don't know if this an option that has to be selected but I have been unable to find the answer. Extremely annoying. Also, the program has become quite expensive, especially for a sole practitioner.
Glenn
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
2
CUSTOMER SUPPORT
2
FUNCTIONALITY
4
Reviewed January 2020
Review of Taxprep
The software is much more robust than other tax software we have used. There are many diagnostics that are available and the search function works well. We also like the link with their other client management system, iFirm.
CONSThe software is much pricier than other options. Customer support was very poor when we were attempting to purchase additional licenses. I would also consider training poor. It's hard to absorb all of the training initially when you don't know the software and you don't know the features and you don't know what questions to ask yet. They should come out after a year with an update training so the users can have much more specific questions they can ask. The multiple updates that we receive during the year is also annoying. We have to have our IT department update on each and every computer every time there is an update (which there are many) which costs us even more money. The old software we used, Profile, had an update feature that warned each user that an update was available when they were in the software and could click on a link and update themselves, without the involvement of the IT department. This is much more preferred. Our IT costs have gone up 20% when we changed over to Taxprep because of all these updates.
Reasons for switching to Taxprep
We wanted to change to a different client management software, iFirm, and Taxprep integrated with the software.
Scott
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed October 2019
There's competition and then there's Taxprep
Our public accounting practice produces a thousand personal tax returns and hundreds of corporate returns, so a tax preparation software is critical. We started with Taxprep about a quarter century ago. The software continues to evolve. Every few years we look at a host of other preparation software and talk to other preparers in the industry. Given our client base, with its particular complexity, we can't imagine another software handling it all. We also prepare US tax returns and have gone through numerous software providers; our terrible experience with US tax preparation software makes us realize how lucky we are with Taxprep for our Canadian work.
PROSImporting and exporting data - we use this in a host of ways. For example, we have developed our own processing dashboard, detailed label production that provides key data on the docket speeding intake or referencing, sharing info between files, billing management, analyzing client base for potential review issues, double checking filings, etc. Rich with nearly all required forms. Most complete of any tax software we have reviewed. Reliable.
CONSThe form layouts often have a curious arrangement to them which is not ideal for data entry. The drill down data on multi-forms (e.g. family member names) is inaccessible to the data reporter.
Reason for choosing Taxprep
Partly out of pain of switching but also the others all lacked something (forms, transfer, ...)
Andrea
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed November 2019
Taxprep review Nov 2019
Good product , good customer service when required, no complaints other than mentioned above
PROSEasy to use although since i have been using for 15+ years familiarity also adds to ease of use.
CONSrequirement to open different versions of the software for different years' filings. Need to manage multiple versions or if you open an earlier year's return you need to ensure the right version has been opened. Solving this issue (as Profile does) would allow ranking of 10's
Reason for choosing Taxprep
Ease of use, continuity
nathalie
Accounting, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2020
Pro Fx is the greatest tax software out there
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.
PROSWolters 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.
CONSI 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.
Reasons for switching to Taxprep
I changed firms
Kelly
Accounting, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed October 2019
Great product
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.
PROSThe checkup is great for providing insight on things you might not think of. This program makes reviewing a breeze.
CONSFile management must be done in a specific manner otherwise the tools for connecting groups or running queries is a nightmare. We learned this the hard way.
Reasons for switching to Taxprep
Integration with other products
Justin
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
3
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed October 2019
Taxprep review
As taxprep is starting to more and more integrate with iFirm and other products, having one major database to run it all it is quickly becoming the 2nd most used software in the firm.
PROSTaxprep - both T1, T2 and Forms - are the most advanced and robust software on the market today. Not only does their T1 product have an over 95% CRA efile acceptance rate - but it is the easiest to use software we currently use. No matter if your tax returns are simple or very complex Taxprep can handle it by making it easier to prepare an accurate return.
CONSIt is expensive there is no way around that. But when you look at their development team there is a reason why. They put through changes and correct errors/problems at a speed you just won't see with any other software provider in Canada.
Reason for choosing Taxprep
We have never not used Taxprep - we have been in business since 1992 and have used Taxprep and its predecessor products ever since.
Bryan
Accounting, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2019
Taxprep
I have been administering Taxprep since 2002. The program is consistently consistent. Very rare to find a major flaw, it just works. The advanced networking module is a must for a firm of my size and allows great customization for different groups. It just works!!
PROSIt does exactly what you want it to do. There is a reason why firms such as mine depend on Taxprep. It's not flashy, but certainly not basic. Regular updates keep it up with CRA changes and the customer support is always helpful. I could not imagine using any other software.
CONSDue to the nature of the software, I need to keep all old versions up-to-date annually, manually changing the client letters and Electronic filing passwords. As the administrator, this is a tad time consuming. I wish there was a simple way to update all the software from one master console.
Reason for choosing Taxprep
There really was no choice, we have been using it for years, couldn't imagine using something else.
Shabir
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed November 2019
Using Taxprep Platinum Internet
It helps us in doing what-if scenarios for tax planning.
PROSIt's a dependable - intuitive - quality software.
CONS2018 tax year was the year when the speed of loading the software has been too slow. Clients also had trouble printing the T183's to scan back to us. Hopefully, in the 2019 season - it will be back to normal in terms of speed and quality.
David
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
4
FUNCTIONALITY
4
Reviewed January 2020
I do not have time
The on line review of the new Corp format was in my mind poorly provided. I admit i am not a strong computer person, particularly when new formats are provided. The session when so fast I had could not find some of the new identifies of what was being talked about. I asked if there was a manual (even small related to the identifies of the Taxprep), but there is nothing. I have provided my own, I think.
PROSIt does the calculations and relates to the CRA forms
CONSGetting more complicated with less assistance from Taxprep for which more documentation could be provided.
Reason for choosing Taxprep
It appeared to be a better product.
Reasons for switching to Taxprep
Taxprep was a better product at that time.
Cheryl
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
1
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed January 2020
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.
PROSConsistency from year to year. Reliability.
CONSThe 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.
DENIS
Accounting, 1 employee
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed January 2020
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.
PROSSoftware is easy to navigate, schedule and amount are properly prorated and easy to follow.
CONSWhen 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.
Eric
Financial Services, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
3
FUNCTIONALITY
4
Reviewed March 2023
Taxprep: The In's and Out's
Overall we are satisfied with this program. The price is a bit high but we get outstanding functionality and a great knowledge base to use with out staff. We will keep using this for many years to come hopefully
PROSWe process a multitude of tax returns for both personal and corporate. We deal with many companies and Taxprep has always been there helping us out. The programs are amazing and they offer amazing support and have a wide array of answers to many questions to help you along the way.
CONSSometimes the support team can forget about you and you feel forgotten about. But the most thing I like least is the pricing. Personally I feel the price could be lower as looking around at other software's to buy the prices are definitely lower in other markets. Just something to keep in mind.
bradley
Financial Services, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2020
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
PROScustomer service and ease to use (diagnostics are very useful and helpful)
CONSThe 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
Joel
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2020
BEST TAX SOFTWARE IN CANADA
We have never had a tax problem that could not be handled successfully by the software and Taxprep's support staff.
PROSWe have been with Taxprep since the very beginning. Ease of use, accuracy and outstanding support make it ideal for a professional accounting practice such as ours.
CONSThe software is pricey in relation to its competitors and for a small practice it can be a difficult choice. Prices increase annually.
James
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed March 2021
Taxprep Review
Product is very intuitive, easy to use, stable, and has advanced tax features, forms and calculations.
CONSSupport is great most of the time but a few times hard to get a hold of them. Very expensive relative to other products.
Reason for choosing Taxprep
Felt it advanced features and integration with my processes was not worth switching and risking any issues during a critical time period.
Janice
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed March 2021
TaxPrep Review
The comprehensiveness of the programs to address most issues and tax situations.
CONSThe TaxPrep letters are harder to modify and I do not like the use of "federal return" when all of my clients only file federal returns. TaxPrep is getting too expensive - annual increases are not warranted last increase was 6.5%, 5% the prior year and 7% the year before.
Don
Management Consulting, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2020
Taxprep
Generally a very good experience
PROSThe 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.
CONSI 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.
Reason for choosing Taxprep
As it was 15 - 20 years ago, I don't remember if there was a viable alternative at the time.
Lise
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2021
Reliable
Since we are very familiar with the software, efficiency is the big thing for us.
PROSI've been using this software for over 25 years now. I find it very reliable, well structured, and appreciate the webinars that WK offer as a support for the software.
CONSThere is nothing about the software that we don't like.
MARTIN
Accounting, 1 employee
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2020
CRITCAL REVIEW
I am not computer literate, however, I find this software very easy to use I also find the help feature to be very helpfull
CONSThe 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
Bill
Accounting, 51-200 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
5
FUNCTIONALITY
4
Reviewed January 2020
Good product with odd interface decisions
Accuracy, end product looks good. Good support.
CONSA different version for every year, slow to load, start menu changes make software hard to find, network setup routines confusing with file path setup issues, no ability to set default settings in the network version across user groups.
Liza
Accounting, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
2
CUSTOMER SUPPORT
3
FUNCTIONALITY
3
Reviewed January 2020
Long time user
I love the client dashboard on the personal tax returns. It allows me to track exactly where my files are.
CONSThat I have to have 4 different software packages to utilize all the tax software that I need.
Reason for choosing Taxprep
concern with accessing old files.