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TaxSlayer Pro vs Wave Accounting: Which Accounting Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both TaxSlayer Pro and Wave Accounting are leading accounting software solutions, but which one is better for you and your business?

Below we compare TaxSlayer Pro and Wave Accounting across nearly 50 different data points to help you make find the right one.

TaxSlayer Pro vs Wave Accounting Reviews

TaxSlayer ProWave Accounting
Trustpilot Rating4.31.5
Number of Trustpilot Reviews209127
iPhone App Rating4.84.5
Number of iPhone App Reviews14,1005,700
Android App Rating4.33.6
Number of Android App Reviews7,19023,000

TaxSlayer Pro vs Wave Accounting Pricing

TaxSlayer ProWave Accounting
Free TrialYesNo
Free Trial LengthNoNo
Cheapest Plan NameClassicFree
Cheapest Plan Cost Per Month$1,495NA
Mid Priced Plan NameWebNA
Mid Priced Plan Cost Per Month$1,495NA
Top Plan NamePremumNo
Top Plan Cost Per Month$1,595NA

TaxSlayer Pro vs Wave Accounting Features

FeaturesTaxSlayer ProWave Accounting
Target Business SizeEnterpriseSmall
Tax HelpYesYes
Income & ExpensesNoYes
BookkeepingYesYes
Send InvoicesYesYes
Collect Payments Via Bank TransferYesYes
Collect Payments Via Credit CardYesYes
Recurring PaymentsNoYes
Enter BillsYesYes
Reconcile Bank TransactionsNoYes
Bank Account IncludedYesNo
Cash Flow ReportNoYes
W-9 + 1099 ManagementNoYes
Help With Sales TaxYesYes
Use Multiple CurrenciesYesYes
Expense TrackingNoYes
Payroll Software IntegrationNoYes
Tax DeductionsYesYes
Receipt CaptureNoYes
Mileage TrackingNoNo
Time ManagementNoNo
Inventory ManagementNoYes
User Access ControlsYesYes
Financial PlanningNoYes
Import/Export To & From ExcelYesYes
Free SupportYesNo
APINoYes

List of Other Software Integrations

TaxSlayer ProWave Accounting
  • Twilio
  • Zapier
  • Make
  • Google Workspace
  • Zohoflow
  • HubSpot CRM
  • noCRM.io
  • Stripe
  • PayPal

TaxSlayer Pro Classic Features

  • Unlimited 1040 Program
  • Comprehensive Bank Product Solutions
  • Free Unlimited E-filing
  • All States Included
  • Unlimited Top-Rated Support
  • Refund Estimator Tool
  • Multiple User Access
  • Web Bank Integration
  • Cloud-Based Reporting
  • Client Retention Database

Wave Accounting Free Features

  • Get unlimited income and expense tracking.
  • Add unlimited partners, collaborators, or accountants.
  • Know if you should charge clients more just by glancing at your dashboard.
  • Make unlimited bank and credit card connections.
  • Access helpful reports like Overdue Invoices & Bills and Profit & Loss.

TaxSlayer Pro Premum Features

  • Unlimited 1040 Program
  • Comprehensive Bank Product Solutions
  • TaxesToGoâ„¢ Mobile App
  • Corporate Tax Software
  • Free Unlimited E-filing
  • All States Included
  • Unlimited Top-Rated Support
  • Refund Estimator Tool
  • Multiple User Access
  • Web Bank Integration
  • Cloud-Based Reporting
  • Client Retention Database
  • Paperless Office
  • Client Portal
  • Digital Signature Compatible
  • Tax Status Now

Wave Accounting No Features

NA

TaxSlayer Pro vs Wave Accounting Pro & Cons

TaxSlayer ProWave Accounting
Pros
  • Cloud and desktop options
  • File your federal and state return via mobile app
  • Military discounts available
  • Free plan
  • Unlimited invoicing
  • Robust reporting
Cons
  • Expensive
  • Fewer features than competitors
  • Tax assistance only available with higher-cost packages
  • Additional fee for scanning and uploading receipts
  • No live support
  • No third-party integrations with additional features

Other Accounting Software Comparisons

  • FreshBooks vs gnucash
  • TaxSlayer Pro vs Neat
  • QuickBooks Online vs myBooks
  • Sage Accounting vs Akounto
  • Patriot Software vs TrulySmall Accounting
  • TopNotepad vs gnucash
  • Zoho Books vs Kashoo
  • FreeAgent vs AccountEdge Pro
  • FreshBooks vs NetSuite
  • Zoho Books vs Wave Accounting

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