Comparison of program versions


Comparison summary

T1

The Limited and Standard version can do the same tax returns and forms provided by the higher versions. The automatic Family Optimization is offered only in the T1 Power version.

In the Limited version the Client Data Base can only be on the C drive.

In the Standard version the Client Data Base can only be on the C drive, D drive or floppy (No network drives)

The Power and Multi-office versions provide full freedom as to where the Client Data Base and tax returns are (Local hard drives, Flash drives, Network drive or Cloud such as Dropbox) and they have the most productivity and administrative features. more...

The Multi-office version is suitable for firms that operate offices in several places and they need central control, consolidation of revenue results and protection of revenue generated by each office. more...

T2

All versions provide Corporations Internet Filing (CIF), Ontario Disk filing (D-File), RSI filing and import of GIFI from accounting software.

In the T2 Limited versions the Client Data Base can only be configured on the C drive.

T1 - Comparison details

Filing Options T1 Limited T1 Standard T1 Power T1 Multi-office
Paper X X X X
EFILE On-Line (one return at a time) See Order Form X X X
SEND (for discounters) X X X
EFILE On-Line Plus (Batch internet filing - many returns) X X
Types of returns supported T1 Limited T1 Standard T1 Power T1 Multi-office
All provinces except Quebec
Bankruptcy returns
Non Residents (normal)
Non-Resident - Section 216
Non Resident - Section 217
Deceased returns
Discounted returns
Multiple jurisdictions
ALL types of returns ALL types of returns ALL types of returns ALL types of returns
Administrative Options T1 Limited T1 Standard T1 Power T1 Multi-office
Client Letter with built-in Word Processor X X X X
Invoice X X X X
Email tax returns X X X X
Data back-up facilities X X X X
Program and User passwords X X
Promotional Client Letters with the Built-in word processor X X
Client Data Base analysis tools, queries, client statistics and Mail Merge facilities X X
Mailing labels X X
Daily revenue reports X X
Remote Office Revenue Reports X
Remote Office Revenue Audit facilities X
Consolidated Reports by remote offices X
Remote Office Administrator facilities/passwords X
Personalized program name instead of VisualTax X
Audit tools,  Optimizations and Operational  T1 Limited T1 Standard T1 Power T1 Multi-office
Family processing X X X X
Active and constantly alert Audit Wizards to guide you prepare error-free returns. X X X X
Family and automated Pension Split Optimization X X
Batch printing X X X X
Unlimited self-employment statements, slips and other forms X X X X
5-year Comparative tax summary X X X X
Seamless link to Visual FP™ family of products. X X X X
Concurrent display of current and last year's forms/data X X
Super Audit, and Super Entry... Read more... X X
Multi-user network X X
Tax planner X X
Data folders where returns can be saved C drive only Floppy, C and D Any Any
Tax Forms Supported  T1 Limited T1 Standard T1 Power T1 Multi-office
For a screen shot of forms click here
All versions support the same tax forms
Same Same Same Same
Tax Research Engine (VisualTax TR) T1 Limited T1 Standard T1 Power T1 Multi-office
One year subscription (Jan 1 to Dec 31) X X