TaxWise

What TaxWise is

TaxWise is tax preparation software from Wolters Kluwer, with online packages for preparers working with individual and business returns. The listed packages include TaxWise Online 100 for 100 individual 1040 returns, TaxWise Online 400 for 400 total returns, and TaxWise Online UltraPro for 2,500 total returns; each specifies unlimited users. The TaxWise Online Limited Package is $429 a year as an annual license fee and includes individual 1040 and business e-file options. The software supports federal and state e-filing. Business entity coverage includes partnerships (1065), corporations (1120), S corporations (1120-S), fiduciary returns (1041), estates (706), gifts (709), and exempt organizations (990). TaxWise is available on Android, iOS, web, and Windows. It is a paid product with no free plan, and its pricing note starts at $429/yr. Wolters Kluwer, the maker, was founded in 1836 and is headquartered in Alphen aan den Rijn, Netherlands. The listed package details give practices a choice of return capacity, while the Limited Package specifies its annual fee and e-file options.

Who it suits

TaxWise suits tax preparers and practices that need software for individual and business returns, with federal and state e-filing. Its listed online packages accommodate different return volumes and specify unlimited users.

Limits

There is no free plan. The Limited Package costs $429 a year; the stated 100, 400, and UltraPro package return capacities are 100 individual 1040 returns, 400 total returns, and 2,500 total returns, respectively.

Getting started

1. Visit the Wolters Kluwer TaxWise website.
2. Choose a supported platform: Android, iOS, web, or Windows.
3. Select an online package based on its stated return volume or the Limited Package.
4. For the Limited Package, account for the 429.00 USD annual license fee.

Verdict

Choose TaxWise if your practice needs federal and state e-filing and a package organized around return volume. The Limited Package costs $429 a year; practices comparing the other listed packages will need their prices.