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Taxprep

Taxprep

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by Wolters Kluwer·Launched Tax Software
ReviewAITools Score · 852 reviews9.0

What is Taxprep?

Taxprep, developed by Wolters Kluwer, is Canada’s leading professional tax preparation software, extensively used by top accounting firms and thousands of local firms, practitioners, and corporations. Known for its advanced capabilities, Taxprep delivers fast and accurate data entry and return preparation with built-in sophisticated optimizations.

The software is renowned for its unmatched reliability, supported by industry-leading tax and technical support. It features best-in-class diagnostics and built-in audit review with over 9,000 easy-to-access diagnostics and edit checks. Taxprep ensures timely delivery with extensive quality assurance and the earliest possible release dates, facilitating faster processing for personal and corporate returns with EFILE.

Taxprep offers expert training in various formats to accommodate different schedules and boasts the finest customer service in the industry, with the fastest response times. The software includes unique features for managing personal tax return preparation status and workflow, benefiting from the most sophisticated T1/TP1 optimizations available.

For corporate tax preparation, Taxprep has the most comprehensive collection of corporate tax forms available and tools designed to address complex T2 preparation requirements, including T2 data connection and GIFI data transfers. Taxprep for Trusts, developed in association with Canada’s major trust companies, simplifies the preparation of trust returns.

Taxprep Forms is Canada’s most comprehensive library of electronic forms, storing up to 600 forms. Taxprep TaxOffice, available in four options, offers an integrated suite of products, providing all the tools needed in one package.

Best for
Small BusinessMedium BusinessLarge Enterprise

Pricing

Starting at Custom · Subscription

Features

13 features that make Taxprep stand out.

  • Data Import/Export
  • Data Verification
  • Electronic Filing
  • Status Tracking
  • Tax Calculation
  • For Nonprofits
  • Tax Planning
  • Exception Notification
  • Multi-Currency
  • Corporate/Business
  • Tax Management
  • Payroll & Employer Forms

Taxprep alternatives

Tools buyers consider alongside Taxprep.

Frequently asked questions

Is Taxprep free to use?
Taxprep does not currently offer a free tier or free trial. Pricing starts at Custom and depends on the plan you choose.
How much does Taxprep cost?
Taxprep uses custom pricing tailored to each organisation. Contact their sales team for a quote based on your team size, modules and contract length.
What does Taxprep integrate with?
Taxprep ships with an open API for custom integrations. The vendor also publishes connectors for common business systems on request.
Who is Taxprep best suited for?
Taxprep is built for teams who need to standardise the workflow it covers — typically growing companies who have outgrown spreadsheets but don't yet need enterprise-grade procurement suites. The exact fit depends on company size, deal volume and compliance requirements.
How long does it take to onboard Taxprep?
Most teams are live on Taxprep within 2–6 weeks. Simpler implementations (small teams, default workflows) can be done in days; large enterprise rollouts with custom approval chains and ERP integration take longer.

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