Are you looking for the best corporate tax software for accountants?
There are numerous tax preparation tools on the market today, providing us with a plethora of options. Each of these tools has its own set of features and benefits.
So, how do you choose the best tax preparation software for your company?
Consider which solution best meets your client’s needs when selecting the best tax preparation software. This article compares Ultimate Tax and ProSeries corporate tax software 2023 to help you decide.
Tax Preparation Software: Ultimate Tax and ProSeries: Overview
Ultimate Tax is professional tax preparation software designed to meet the needs of all tax preparation businesses, no matter how large or small. Ultimate Tax provides four distinct packages to meet the various needs of businesses. Ultimate Tax Pay-per-Return, Ultimate Tax Online 1040, Ultimate Tax Desktop 1040, and Ultimate Tax 1040 + Corporate are among them. Each package includes a number of features that are intended to help tax preparation businesses submit accurate tax returns for their clients. As a result, they can maximize their revenue and expand their business.
Intuit’s popular and dependable ProSeries tax preparation software assists tax preparers in streamlining their operations. This tool is jam-packed with features that make tax preparation easier and faster for professionals. Intuit also provides educational resources for tax preparers who want to learn more about the software or file their taxes. The fact that ProSeries tax preparation software is only available in two desktop versions, ProSeries Basic and Professional, is a significant disadvantage.
Ultimate Tax vs. ProSeries: Utilization Ease
One of the Ultimate Tax’s main selling points is the ease of use of both the desktop and online versions. This tax preparation software streamlines the form-filling process by providing two modes: data form entry mode and interview mode. The first option necessitates the tax preparer manually entering all relevant information. While completing the form in interview mode, the tax preparer receives guidance and prompts.
In terms of usability, Intuit ProSeries offers tax preparers features that boost productivity. It has an impenetrable interface and constantly flags form-filling errors, leaving no room for error.
Ultimate Tax vs. ProSeries: Benefits and Drawbacks
Intelligent diagnostics for detecting errors and reviewing tax returns are just a few of the fantastic features included in Ultimate Tax.
- Data conversion from other tax programs
- All states are on board.
- electronic filing
- Refunds are tracked in real-time.
- Backup data automatically to avoid data loss
- Status updates in real-time
- Other features include e-signature assistance.
- EPS Financial, Santa Barbara TPG, and Refund Advantage have been integrated.
- The following are the key features of Intuit ProSeries:
- Data import is supported for Forms 1040, 1120, the 1120S, 1065, 1041, 990, 706, and 709 K-1.
- Quick entry sheets make data entry easier.
- QuickBooks and TXT are both compatible.
- Client checklists for tax professionals
Pricing for Ultimate Tax vs. ProSeries
The pricing for Ultimate Tax packages is clearly displayed on the pricing page. The most affordable package is $288 ($15 per return), while the most expensive is $888.
The cost of Intuit ProSeries varies depending on the package. It is, however, significantly more expensive than Ultimate Tax. ProSeries Basic packages range in price from $519 to $1,299. Ultimate Tax charges about $15 per return, while ProSeries charges $53 for the same service. Furthermore, ProSeries does not provide any upfront pricing for its plans.
Final Thoughts
Ultimate Tax and ProSeries both provide tax preparers with unique features that can be beneficial. However, in terms of pricing, Ultimate Tax clearly outperforms the competition, as it offers more affordable packages with comparable features.