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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

    Lexis+

    Score7.9 out of 10
    N/ALexis+ is a legal research tool used to resolve legal research issues through its case law collection, editorial analysis, and data visualization, which are all accessed via one simplified AI search experience.

    $80

    per month

    Pricing
    Bloomberg TaxLexis+
    Editions & Modules
    No answers on this topic
    Lexis State Primary
    $80
    per month
    Lexis+ State Primary
    $125
    per month
    Lexis State Enchanced with Full Federal
    $130
    per month
    Lexis+ State Enchanced with Full Federal
    $135
    per month
    Offerings
    Pricing Offerings
    Bloomberg TaxLexis+
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Bloomberg TaxLexis+
    Considered Both Products
    Bloomberg
    No answer on this topic
    LexisNexis
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    60%
    Would buy again
    3 Answers
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    80%
    Happy with the feature set
    4 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Bloomberg TaxLexis+
    Type of tax
    Comparison of Type of tax features of Bloomberg Tax and Lexis+
    Feature
    Bloomberg Tax
    9.3
    2 Ratings
    17% above category average
    Lexis+
    -
    Ratings
    Sales and Use Taxes8.02 Ratings00 Ratings
    Cross-border Taxes10.01 Ratings00 Ratings
    VAT / GST Taxes10.01 Ratings00 Ratings
    Tax Reporting & Compliance
    Comparison of Tax Reporting & Compliance features of Bloomberg Tax and Lexis+
    Feature
    Bloomberg Tax
    8.5
    2 Ratings
    8% above category average
    Lexis+
    -
    Ratings
    Geolocation for Tax Assessment9.02 Ratings00 Ratings
    3rd-Party Software Integrations8.01 Ratings00 Ratings
    Tax Data Reporting9.02 Ratings00 Ratings
    Compliance Administration Management9.02 Ratings00 Ratings
    Tax Document Management8.01 Ratings00 Ratings
    Complex Tax Scenario Management8.01 Ratings00 Ratings
    Best Alternatives
    Bloomberg TaxLexis+
    Small Businesses
    TaxJar
    Score8.6 out of 10
    No answers on this topic
    Medium-sized Companies
    LOVAT
    Score10 out of 10
    No answers on this topic
    Enterprises
    CCH® SureTax®
    Score7.5 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Bloomberg TaxLexis+
    Likelihood to Recommend
    9.0
    (2 ratings)
    8.4
    (6 ratings)
    Usability
    9.0
    (1 ratings)
    10.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    7.8
    (5 ratings)
    User Testimonials
    Bloomberg TaxLexis+
    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
    LexisNexis
    Lexis Advance is highly customizable and intuitive, perfect for solo or small practitioners who lack the patience for extended training and too much searching. The contracts are also customizable and can be graduated for new practices so you don't go broke in year one paying for research. I do wish there was more contact with a dedicated account rep, and perhaps not with sales. In a larger firm, you can stack more features and content as needed. I probably would go back in time and renegotiate my contract, which stepped up quite a lot in year two and will step up again in year 3 to what I think will be an uncomfortable level. Also, Lexis has maybe one too many brands and could stand a redesign of the main home page.
    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
    LexisNexis
    • I like the annotated statutes. That is typically where I start my searches.
    • I seem to find more relevant case law on Lexis than I have through Westlaw.
    • Their training and research attorneys are very helpful.
    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
    LexisNexis
    • The notes from cases function is not as strong as other competitors
    • Lacks some features that more novel sources use
    • Costly
    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
    LexisNexis
    Very intuitive, easy to use visual qualitative assessments, and I like that they don't "summarize" rules but give exact quotes from cases. The product is super customizable and you can try before you buy. Unlike their main competitor, I don't feel like they tricked me or set me up to purchase more content that I don't need--so in terms of service and overall functionality, they are superior to the competition.
    Incentivized
    Read full review
    Support Rating
    Bloomberg
    No answers on this topic
    LexisNexis
    Haven't reached out except for password help but the response was quick. A couple times it locked me out for no reason
    Incentivized
    Read full review
    Alternatives Considered
    Bloomberg
    I think it is a superior product with more features.
    Read full review
    LexisNexis
    Lexis Advance and Westlaw do the same thing and are very comparable. We actually use both. If Lexis Advanced doesn't have content we are looking for, it can usually be found in Westlaw. They compliment each other well. If I had to pick one over the other I would choose Lexis Advanced, but it's close.
    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
    LexisNexis
    • It's had a positive impact in finding more cases that are on point for my cases.
    • It was actually cheaper than their competitor.
    • The natural language search is better than the competitor.
    Incentivized
    Read full review
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