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 |
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