How does TaxDome compare with Canopy Tax?

TaxDome has clear and straightforward pricing – $600 per firm user per year (if opting for a 3-year subscription plan). It includes every TaxDome feature, unlimited storage, and an unlimited number of contacts.

The company philosophy is that its pricing model should be as simple and transparent as possible and once you become a client, you are never asked to pay extra. There are no price tiers or ‘usage counters’ – once you are paying for the service, it’s all included.

 The reason is simple – the only costs for a software company include writing the software and marketing it. It costs TaxDome zilch to offer a feature to a client after it’s already been added to the product. Therefore we aim to make the product fairly priced and increase revenue by getting more firms on the platform.

Canopy Tax follows a ‘tiered plans’ model that splits its features across a number of plans. The more features you use — the more you pay. Bear in mind that pricing is always changing. The Practice Management started at $800 per user in 2017, rising to $1,000 in 2019.
In 2020, Canopy changed the pricing model and started charging by the number of CRM contacts. For a firm with 4 members (1,000 contacts), you would pay:

1. $2,500 — for the CRM module only, and this price will grow together with your client base’s growth.
2. $1,128 — for the Document Management, Workflow, and Time & Billing modules. In the case of the team of 4 from our example, the cost will be $4,512.

For a total of $7,012, where you pay $2,500 for CRM + $4,512 for Document Management, Workflow, and Time & Billing, it comes to $3,628 per firm user.