About Taxprep

Taxprep is a cloud-based tax preparation software that helps companies with diagnostics, data entry, audit reviews, quality assurance and more. The system allows users to conduct in-depth analyses including trendlines, rolling averages and Pareto charts, as well as cross-tabulate data by multiple dimensions. With built-in scheduling capabilities for managers and users, it also helps coordinate schedules of activities without the need for multiple calendars.
Taxprep Software - Income tax return statement
Taxprep Software - Remuneration statement
Taxprep Software - Income tax return statement - thumbnail
Taxprep Software - Remuneration statement - thumbnail

Taxprep pricing

Taxprep does not have a free version but does offer a free trial.

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
Yes

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Taxprep Reviews

Feature rating

Value for Money
3.8
Functionality
4.4
Ease of Use
4.4
Customer Support
4.2
5 reviews of 213 View all reviews
Cory
  • Industry: Accounting
  • Company size: 2-10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 07/05/2019

Review

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

Aaron
  • Industry: Accounting
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Features
5
Ease of Use
5
Customer Support
4

5
Reviewed on 05/11/2019

Taxprep

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.

Shona
  • Industry: Accounting
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
4

3
Reviewed on 15/01/2020

Generally good - new advanced version are not great

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.

Mark
  • Industry: Accounting
  • Company size: Self Employed
  • Used Daily for 2+ years
  • Review Source
Value for Money
2
Features
5
Ease of Use
3
Customer Support
3

5
Reviewed on 09/01/2020

Best tax softare for a full service firm, but pricey

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.

Alister
  • Industry: Accounting
  • Company size: 11-50 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Features
5
Ease of Use
5
Customer Support
5

5
Reviewed on 31/10/2019

Happy Customers :)

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.

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