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TaxFile vs TaxWise

Both stand on small business tax software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

TaxFile

Paid Web

TaxFile combines AI-assisted preparation with a review step before e-filing and plans for individuals and small businesses. It is self-prepared software rather than personalized professional advice, and its plans are paid.

Visit TaxFile

TaxWise

Paid AndroidiPhoneWeb+1

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.

Visit TaxWise

The facts

TaxFileTaxWise
Free planNoNo
Open sourceNot publishedNot published
Runs onWebAndroid, iPhone, Web, Windows
Lowest paid planSimple: $39 a yearSee the plans
Plans published44
MakerNot publishedNot published
Websitetaxfile.aiwolterskluwer.com
On small business tax software#21 of 30#25 of 30

TaxFile: what it does well

  • Checks more than 200 deductions and credits.
  • Includes one state return.
  • Users approve returns before e-filing.
  • Live return preview requires no signup.
  • Plans cover W-2 and self-employed filers.

What to know first

  • There is no free plan.
  • Simple costs $39 a year.
  • Complex situations may call for a tax professional.

TaxWise: what it does well

  • Federal and state e-filing are supported.
  • Business entity coverage includes seven return types.
  • Online packages specify unlimited users.
  • Available on Android, iOS, web, and Windows.

What to know first

  • There is no free plan.
  • The Limited Package is $429 a year.

Alternatives to TaxFile Alternatives to TaxWise The whole list