Differences Between TaxWise and TaxWise Online



|This table displays the main differences between TaxWise Online and TaxWise Desktop |

| |

|TaxWise Online |TaxWise Desktop |

|No installation required - program maintained by CCH |Individual installation required on computers |

|No Updates: Federal and state updates are applied automatically by CCH |Updates Required: Federal and state updates must be downloaded and |

| |manually applied to all computers |

|Backup and restore of returns not required. Transmitting not required. |Manual backup and restore of returns required. Transmitting required at |

|E-files are created by counselor and the ERO submits them - data is |site level |

|already with CCH | |

|Prior Year Carry Forward: No preliminary steps. Prompted to carry |Prior Year Carry Forward: Returns must be uploaded to prior year then |

|forward data when creating a new return. |Proforma (carryforward data) returns created in current year. |

|No encryption software required. Link to CCH is encrypted |Encryption software required on each individual computer. Password |

| |required to access |

|Multiple site use: No setup required at any site. Just login to each |Multiple site use: Requires user to set up computer for use at multiple |

|site via EFIN ClientID to use. No software or configuration installed |sites. |

|on computer. | |

|Security: Data stored at CCH not individual computers |Security: Data stored locally. Higher risk of security breaches if not |

| |properly handled. |

|Internet: High-speed connection required |Internet: Optional but recommended |

|Reports: Run reports from the TaxWise Support Site. |Reports: Run Reports locally from the TaxWise Reports Menu or from the |

| |TaxWise Support Site. |

|Client Letter: Limited client letters. No conditional statements. |Client Letter: Wide variety of client letters. Conditional statements |

| |allow for more robust letters |

|Training: Year-round training via : Year-round training via the Training user name. Requires |

| |TaxWise installation on home, host, or AARP computers. |

|Keystroke differences: | |

|Insert a Line: Ctrl + I |Insert a Line: Alt + Insert |

|Remove a Line: Ctrl + R |Remove a Line: Alt + Delete |

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download