TaxWise Hosting Vs. Virtual Tax Office: Which Way to Go?

TaxWise Hosting Vs. Virtual Tax Office

It’s peak tax season, and you’re working on multiple client returns. You work from home one day, at the office the next, and even handle a few last-minute filings while traveling. But there’s a problem – your tax software is tied to a single device, slowing you down. Clients expect quick responses, but you’re stuck dealing with access issues, software updates, or security concerns.

Sounds familiar? This is why many tax professionals switch to cloud-based solutions. Having remote access to your tax software isn’t just a convenience but a necessity. If you are particularly using TaxWise software, things may get tricky because of the choices available. 

Should you go with TaxWise hosting, which simply gives you cloud access to your TaxWise software? Or do you need a TaxWise Virtual Tax Office (VTO)?

Both options can help you work remotely, keep data secure, and improve efficiency. Still, they are different. This blog aims to break down what each offers, how they compare, and which makes sense for your business. 

Why Does Comparing TaxWise Hosting and Virtual Tax Office Matter?

Choosing the right technology for your tax business is about efficiency, security, and long-term growth. Since tax professionals increasingly work remotely and clients expect faster service, cloud-based solutions have become essential. 

TaxWise Cloud Hosting and Virtual Tax Office (VTO) are two popular choices. Understanding their differences is important because:

  • Remote work has become the norm. Whether you’re a solo preparer or part of a team, having reliable access to your tax software from anywhere can impact productivity.
  • Data security is a top priority amidst increasing cyber threats. Ensuring that client information is safe and compliant with industry regulations is non-negotiable.
  • Scalability matters for future growth. The right solution meets your needs today and adapts as your business expands.
  • Cost vs. value is always a factor. While affordability is important, investing in a solution that enhances efficiency and security can be more beneficial in the long run.
    Choose your Cloud Hosting Provider this way while switching to Taxwise Hosting.

Let’s dive deeper in terms of different parameters.

  • Remote Accessibility

FeatureTaxWise Virtual Tax OfficeTaxWise Hosting
Access MethodWeb-based access via a secure portal; no installation requiredRemote Desktop access via RDP or web client
Device CompatibilityWorks on desktops, laptops, tablets, and smartphones across Windows, macOS, Android, and iOSCompatible with desktops, laptops, and tablets using RDP-supported devices
Offline AccessNot available as it requires an active Internet connectionAvailable offline, with automatic syncing once reconnected
Setup RequirementsNo installation or setup needed for loginRequires setup and configuration by a hosting provider
Suitable ForUsers who prefer convenience, mobility, and quick access without third-party software integrationsThose who need a full desktop experience, offline access, and multi-application compatibility

If your firm also uses QuickBooks Desktop, placing it on a hosted QuickBooks environment alongside TaxWise reduces context switching and keeps attachments and exports in one place.

  • Data Security

FeatureTaxWise Virtual Tax OfficeTaxWise Hosting
Encryption Standard256-bit SSL encryption for data in transit and at rest256-bit SSL encryption with additional security layers
Backup SystemAutomated cloud backups managed by Wolters KluwerAutomated backups handled by the chosen hosting provider
AuthenticationMulti-factor authentication (MFA) for secure access.MFA with additional options, such as VPN access and IP whitelisting
Custom Security ToolsPredefined security measures with limited customizationHighly configurable security settings, including firewalls and intrusion detection
Compliance CertificationsManaged and maintained by Wolters Kluwer.Varies by hosting provider

Whichever route you choose, specify managed backup and instant recovery with stated RPO/RTO and schedule restore drills so continuity is provable. Here are some more Features your Taxwise Cloud Hosting Must have.

  • Scalability

FeatureTaxWise Virtual Tax OfficeTaxWise Hosting
User ScalabilityRequires purchasing additional licenses for new usersAllows flexible user management without hardware restrictions
Storage ScalabilityLimited to a fixed cloud storageExpandable storage based on business needs
Processing PowerMay face slowdowns during peak tax seasons Can dynamically allocates resources (RAM, CPU) to handle heavy workloads
Customization OptionsLimited options for integrations and add-onsOffers customizable workspaces, integrations, and third-party tools
  • Pricing

Pricing ComponentTaxWise Virtual Tax OfficeTaxWise Hosting (via Ace Cloud Hosting)
Subscription FeeFixed monthly or annual pricing per userFlexible pay-as-you-go pricing based on user needs
Scalability CostsAdditional licenses required for more usersNo long-term contracts; easily scale up or down
Integration CostsExtra charges for add-ons like eSignatures Included or customizable based on chosen hosting provider
Storage CostsBasic storage included; additional costs for extra spaceCustomizable storage plans based on usage
IT & Maintenance CostsNo hardware required; software updates includedEliminates on-premise server costs; maintenance included

Taxwise hosting is a boon to your Tax and Accounting Firm. It enables secure remote access, seamless collaboration, and greater efficiency during tax season.

Final Thoughts

Choosing between TaxWise Virtual Tax Office and TaxWise hosting isn’t about which one is better. It’s about what fits your business best. Whether you need simplicity or flexibility, cloud convenience or desktop power, the right choice is the one that aligns with your workflow and growth plans. Think about what matters most to your firm, and let that guide your decision.

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