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Bloomberg Tax vs TaxCycle T2

Bloomberg Tax

pro.bloombergtax.com

TaxCycle T2

taxcycle.com

Side by side

FigureBloomberg TaxTaxCycle T2
Price from——
Free plan——
Free trial—Yes
Open source——
WebYes—
WindowsYesYes
APIYes—
Plans published23
Spec score · Corporate Tax Software8.3 (#2)7.3 (#14)
Intended usersThe site describes its tools for tax professionals, corporate teams, accounting firms, government, and advisory firms.TaxCycle describes its tax preparation software as intended for Canadian accountants, bookkeepers, and tax professionals.
SupportSoftware support is offered Monday through Friday by phone and product-specific email, while Research support includes regional phone numbers and [email protected].Email and phone support operate weekdays from 8 a.m. to 5 p.m. Mountain Time, with extended hours and Saturday support during tax season, and the stated response time is within one business day.

Plans

Bloomberg Tax

  • Bloomberg Tax productsPriced on request
  • Bloomberg Tax suitePriced on request

Bloomberg Tax pricing →

TaxCycle T2

  • TaxCycle T2 2011-27 (1 user)C$1,102, paid once
  • TaxCycle T2 2011-27 (3 users)C$1,532, paid once
  • TaxCycle T2 2011-27 (10 users)C$2,677, paid once

TaxCycle T2 pricing →

In their own words

Bloomberg Tax

Bloomberg Tax is a web-based suite of tax research and software tools for tax professionals, corporate teams, accounting firms, government, and advisory firms. Its products include Provision, Workpapers, Fixed Assets, Research, and other tax tools. Bloomberg Tax Research brings together tax news, expert analysis, and primary-source links, with updates across federal, state, and international tax topics. Bloomberg Tax Answers generates AI responses from Bloomberg Tax content and links to referenced material. Workpapers can automate roll forwards, transform data, track cell-level changes, and support sign-off through multilevel approvals. It integrates with Provision, Fixed Assets, and Research, supports Excel exports, and can pull and transform ERP and general ledger data through secure file transfer protocols. Fixed Assets is a cloud-based subledger that calculates depreciation using current tax laws. Bloomberg Tax advertises 24/7 help desk support and implementation and integration help through certified partners and its professional services team. Pricing is on request: prospective customers are directed to contact sales for selected products.

Visit pro.bloombergtax.com

TaxCycle T2

TaxCycle T2 has no write-up on Specifiction yet; its figures are above.

Visit taxcycle.com