The Taxbook Vs Quickfinder-- Clash Of The Titans!
Okay, it's the clash of the titans! What is going on between these two? A lot of bad blood, it looks like! I used to order the Quickfinder every single year, but now I might try The TaxBook Deluxe Edition. But I have a question... what's behind the soap opera drama between these two competitors?
A lot of the quotes on the TaxBook website tell the same story...
TheTaxBook is more clearly written than QuickfinderÂ®. Also, the index is very well written and is easier to use than QuickfinderÂ®."
Not so nice, right? Well, I have been reading some of the Internet conjecture out there. It looks like most of the original writers of the Quickfinder left after some drama-- one poster said this:
QF lost most of it's writers a few years ago when they kept splitting QF into more and more separate books rather than the more useful single tome it once was so many eons ago. These writers banded together and created a single volume once again, The TaxBook. No more fiddling about between blobs of books. TaxAlmanac: Discussion:1040 QUICKFINDER HANDBOOK
It looks like the split was not amicable. It looks like there was a mass exodus in 2003. Â This is the quote from the TAXBOOK website:
In December of 2003, Practitioner's Publishing Company (PPC), a division of Thomson Corporation, acquired the privately held Quickfinder company from a family in Minnesota . The success of Quickfinder up to that time was due in a significant part to the efforts of the Quickfinder editorial staff. At the time of acquisition, the entire Quickfinder editorial staff consisted of five authors. Initially, four of these authors signed on with PPC/Quickfinder, and continued writing for Quickfinder. In February of 2005, a new company called Tax Materials, Incorporated (TMI) opened its doors in Minnesota. The four authors who had been hired by PPC/Quickfinder after the acquisition separated from that company and rejoined their colleague.Â The TaxBook Website
So the opinions seem to be as follows:
1. Quickfinder has been around a lot longer, but the writers are relatively new, since most of their staff decided to "go rouge" a few years ago and start their own little party. (Quickfinder folks were not invited).
2. The TaxBook is apparently a better buy and a better "overall" book, but there is some consensus that they are trying to cram too much information into one book, and therefore, the book is harder to maneuver.
3. Quickfinder seems to have more votes if you want a specialty book-- for example, if you just do individual returns, maybe the Quickfinder 1040 is a better choice, and you can forgo the other books.
I think that either one is fine for a quick reference, but each practice has to make it's own choice. It's a good time saver either way, and I believe either book is a good investment, because all you are really selling is your experience and your time, right? So anything that saves you precious minutes during tax season is a god investment.