Intuit TurboTax vs. Square Payroll

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Intuit TurboTax
Score 8.4 out of 10
N/A
Intuit now offers and supports TurboTax, a tax preparation and filing service for individuals and small businesses available online, or installed via CD and download (Windows, Mac).
$120
one-time fee
Square Payroll
Score 6.1 out of 10
N/A
Square Payroll is a payroll solution for hourly employees, from Square headquartered in San Francisco, California.N/A
Pricing
Intuit TurboTaxSquare Payroll
Editions & Modules
Home & Business
$120
one-time fee
Self-Employed
$120
per year
No answers on this topic
Offerings
Pricing Offerings
Intuit TurboTaxSquare Payroll
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Intuit TurboTaxSquare Payroll
Top Pros
Top Cons
Features
Intuit TurboTaxSquare Payroll
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Intuit TurboTax
-
Ratings
Square Payroll
7.8
6 Ratings
6% below category average
Pay calculation00 Ratings8.96 Ratings
Support for external payroll vendors00 Ratings8.65 Ratings
Off-cycle/On-Demand payment00 Ratings4.44 Ratings
Benefit plan administration00 Ratings9.15 Ratings
Direct deposit files00 Ratings7.06 Ratings
Salary revision and increment management00 Ratings8.94 Ratings
Reimbursement management00 Ratings7.85 Ratings
Best Alternatives
Intuit TurboTaxSquare Payroll
Small Businesses
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Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Patriot Software
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Score 9.0 out of 10
Medium-sized Companies
Vertex
Vertex
Score 8.5 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Enterprises
Vertex
Vertex
Score 8.5 out of 10
Infor Human Resources
Infor Human Resources
Score 7.3 out of 10
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User Ratings
Intuit TurboTaxSquare Payroll
Likelihood to Recommend
9.0
(1 ratings)
4.7
(8 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
Intuit TurboTaxSquare Payroll
Likelihood to Recommend
Intuit
Intuit TurboTax is well suited for most scenarios ranging from simple filing (i.e., single filing, one employer, limited asset, same state as employer) to complicated filing (i.e., married filing jointly, changing employers, different state as employers or WFH, multiple assets such as real estate and cryptocurrencies, entrepreneurship side-gig). TurboTax does not have wide-range offerings and partnerships with crypto exchanges so crypto owners may use a different service to generate the necessary tax forms for TurboTax to digest.
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Block, Inc (Square)
Square is an amazing platform to have total control over the payroll of all the employees of a company or a specific sector. This platform has a very good functionality to collect exact information on how long each employee works, that is one of its most outstanding characteristics, because it monitors work schedules and overtime and generates detailed reports on the work time of each employee. Square does not allow to schedule payments, that is one of the main problems, however, I consider that it is a very good option for small and medium-sized companies that are looking for a way to have more exact administrative control over the working hours of all their employees. It is a software that works in the cloud, so all the work information that is collected will remain safe without any risk of loss.
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Pros
Intuit
  • fill in tables or cells with numbers directly from scanned tax forms (1099s, W2s, etc)
  • determine necessary tax forms needed to fill based on users' answers to selected questions
  • customization capability for users that are well-versed in their tax situation (i.e., ability to select deductions themselves)
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Block, Inc (Square)
  • 1099 contractor payments are easy, and they provide you with the IRS filing as part of the service.
  • Direct deposit/debit from your already connected account to the employee.
  • Reporting and management features are simple yet inclusive.
  • Low cost compared to alternative solutions.
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Cons
Intuit
  • integration with other applications such as Mint
  • online and cloud sign-up for multiple Intuit applications is unsmooth
  • price point for state tax filing can be made staggered (cheaper for simple form)
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Block, Inc (Square)
  • It's a bit pricey for larger companies at $5 per person paid per month.
  • Has a bit of a learning curve that seems steeper than necessary
  • reports can be confusing at first
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Usability
Intuit
No answers on this topic
Block, Inc (Square)
It could use a mobile-friendly interface. Other than that it's a simple layout and non-cluttered which allows you to get done what you need to get done. No unnecessary dodads or distractions.
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Support Rating
Intuit
No answers on this topic
Block, Inc (Square)
I think they have quick and helpful customer service reps, however, I give them a 9 because I have had to wait on hold for long periods of time before.
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Alternatives Considered
Intuit
We select TurboTax for its wide user base (familiarity), price points (multiple offerings based on users' needs), user experience (intuitiveness), technology (adaptive to user tax situations and simplify user data entry by means of upload feature), customer support (for implementer and end-users) and expert support (i.e., CPA), cloud capability, safety and security. Other products also offer several features like those but not to the same level of comprehensiveness and sophistication.
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Block, Inc (Square)
I liked patriot, but I found it to be more confusing than Square and took me too much time to setup. I setup Square Payroll in about an hour. I would also say the Square interface made more sense to me. I also like how Square offers more things like benefits, etc. that can be added on.
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Return on Investment
Intuit
No answers on this topic
Block, Inc (Square)
  • Square Payroll has dramatically reduced the time it takes to process payroll.
  • We could have a faster payroll with the Square POS integration for commission, but that is not something we've implemented yet.
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