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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Bloomberg Tax

    Score9 out of 10
    N/ABloomberg Tax is a tax management and automation software suite supporting corporate tax research, calculation, and compliance.N/A

    Intuit Lacerte

    Score9.4 out of 10
    N/AIntuit Lacerte is an Income Tax Compliance system, providing forms, tax planning support, as well as document management and document storage.

    $400

    Pricing
    Bloomberg TaxIntuit Lacerte
    Editions & Modules
    No answers on this topic
    Lacerte REP (Fast Path Only)
    $400
    Lacerte 200 - Federal 1040
    Contact for pricing
    Lacerte Unlimited Modules
    Contact for pricing
    Offerings
    Pricing Offerings
    Bloomberg TaxIntuit Lacerte
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Bloomberg TaxIntuit Lacerte
    Type of tax
    Comparison of Type of tax features of Bloomberg Tax and Intuit Lacerte
    Feature
    Bloomberg Tax
    9.3
    2 Ratings
    17% above category average
    Intuit Lacerte
    8.5
    2 Ratings
    8% above category average
    Sales and Use Taxes8.02 Ratings8.01 Ratings
    Cross-border Taxes10.01 Ratings8.01 Ratings
    VAT / GST Taxes10.01 Ratings8.01 Ratings
    Energy and Fuel Taxes00 Ratings10.02 Ratings
    Tax Reporting & Compliance
    Comparison of Tax Reporting & Compliance features of Bloomberg Tax and Intuit Lacerte
    Feature
    Bloomberg Tax
    8.5
    2 Ratings
    8% above category average
    Intuit Lacerte
    9.7
    3 Ratings
    21% above category average
    Geolocation for Tax Assessment9.02 Ratings9.92 Ratings
    3rd-Party Software Integrations8.01 Ratings7.93 Ratings
    Tax Data Reporting9.02 Ratings10.03 Ratings
    Compliance Administration Management9.02 Ratings10.02 Ratings
    Tax Document Management8.01 Ratings10.01 Ratings
    Complex Tax Scenario Management8.01 Ratings10.02 Ratings
    Tax Exemption Processing00 Ratings10.03 Ratings
    Best Alternatives
    Bloomberg TaxIntuit Lacerte
    Small Businesses
    TaxJar
    Score8.6 out of 10
    TaxJar
    Score8.6 out of 10
    Medium-sized Companies
    LOVAT
    Score10 out of 10
    LOVAT
    Score10 out of 10
    Enterprises
    CCH® SureTax®
    Score7.5 out of 10
    CCH® SureTax®
    Score7.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Bloomberg TaxIntuit Lacerte
    Likelihood to Recommend
    9.0
    (2 ratings)
    10.0
    (3 ratings)
    Usability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    Bloomberg TaxIntuit Lacerte
    Likelihood to Recommend
    Bloomberg
    The fixed asset software is very advanced for software in general, but it is limited to accounting (GAAP and Tax) fixed assets. Would love to see a more IT user friendly software allowing IT personnel to use a gun to scan the servers and computers, etc. This wouldn't necessarily be a fixed asset as many computer items are too small dollar wise, but it would be a useful feature for IT and accounting to track IT assets by locatoin, user, departmetn, etc. and would be company wide. Another software needed is for company contracts with an ability to send out emails for notifications that a given contract is coming due. Obviously, this would be for contracts and leases but is also useful for accounting and would involve the whole company as there are contracts for rentals, equipment, service maintenance agreements, capital leases, IT contracts, etc.
    Incentivized
    Read full review
    Intuit
    This software is great for a tax preparer that wants the whole package from organizers to customer returns with letters and invoices. This is the best software with everything combined together. For new tax preparers looking for expensive software and are willing to some items (invoices) organizers, scheduling) through other means, Intuit Lacerte might be too expensive. But once the practice grows the time saved having all the “bells and whistles “ is worth every penny!
    Incentivized
    Read full review
    Pros
    Bloomberg
    • Research
    • Chart Creations.
    • Help narrow down or identify the exact issue you have.
    • Customer Support through the help line.
    Read full review
    Intuit
    • K-1 transfer capability
    • Supports more than 5,700 tax forms - federal and all state forms
    • Year-round e-filing
    Incentivized
    Read full review
    Cons
    Bloomberg
    • Better outlay of the depreciation section, rather see periods vertically, then horizontally. The periods are difficult to move through when you need to see many months in the past or vice-versa.
    • Would love to see an ability to mandate certain fields when creating an asset as every company is different.
    • Would love to see each field have the ability to have it's own pick list, and the pick list that does exist needs to be larger to allow for a longer list rather than just 8-10, then the rest are hidden so you have to move to section 2 to see that continuing list.
    Incentivized
    Read full review
    Intuit
    • Technical glitches
    • Frequent software updates
    Incentivized
    Read full review
    Usability
    Bloomberg
    Overall, it is a good value for the money we pay for it, and it helps our tax process.
    Read full review
    Intuit
    No answers on this topic
    Support Rating
    Bloomberg
    No answers on this topic
    Intuit
    Lacerte customer service has been great. They are very knowledgeable about the product and can help resolve problems quickly.
    Incentivized
    Read full review
    Alternatives Considered
    Bloomberg
    I think it is a superior product with more features.
    Read full review
    Intuit
    I’ve heard other tax preparers talk about their software and their likes and dislikes. When I offer to show them Intuit Lacerte most are blown away by what it does. One preparer used ProConnrct online tax (also by Intuit), and she loves how easy Intuit Lacerteis to use. She said having live support (not chat) to actually be able to show issues and work through them was great. Both programs use the same calculations, but the extras (trial balance, organizers with prior year data, invoicing, scheduling, filters, etc) are what makes Intuit Lacerte the best!
    Incentivized
    Read full review
    Return on Investment
    Bloomberg
    • Allowed for very smooth audits
    • User friendly, allows for documentation to be stored, very useful
    • Good audit trail to see what happened.
    Incentivized
    Read full review
    Intuit
    • Able to process client requirements faster
    • Docusign feature a big plus
    • Lacerte Diamond Passport fees is highly priced at 17.5K USD + fastpath additional per user. They could consider to bring down the cost so that it works out lucratively.
    Incentivized
    Read full review
    ScreenShots