Compare 1099 Software › BoomTax vs Thomson Reuters ONESOURCE: Comparison
At a Glance
All product information is based on publicly available data as of May 2026. Trademarks belong to their respective owners. BoomTax is not affiliated with Thomson Reuters (ONESOURCE).
Why Teams Switch from Thomson Reuters (ONESOURCE) to BoomTax
- Self-service onboarding—live in days, not months
- Flat per-form pricing without complex procurement
- Agile product updates and responsive support
Overview: BoomTax vs Thomson Reuters (ONESOURCE)
Thomson Reuters (ONESOURCE) ONESOURCE is an enterprise information reporting platform serving large organizations with comprehensive regulatory reporting needs. Implementation typically involves complex procurement and multi-year commitments.
BoomTax offers purpose-built 1099 and ACA compliance with self-service onboarding, transparent pricing, and direct access to compliance experts—without enterprise procurement complexity.
Feature Comparison
| Feature | BoomTax | Thomson Reuters |
|---|---|---|
| Implementation Time | Days (self-service) | Months (enterprise) |
| IRS-Authorized E-File | ||
| 1099-NEC E-Filing | ||
| 1099-MISC E-Filing | ||
| 1099-INT/DIV E-Filing | ||
| ACA 1095-B/C E-Filing | ||
| W-2 E-Filing | ||
| Transparent Pricing | Enterprise pricing | |
| No Long-Term Contract | Multi-year typical | |
| Self-Service Onboarding | Professional services | |
| Direct Support Line | Tiered support | |
| API Integration | ||
| Agile Updates | Slower release cycles | |
| Procurement Required | — |
Enterprise Platform vs Specialized Solution
BoomTax Advantages
- Fast Start: Self-service, live in days
- Transparent Pricing: Pay per form, no surprises
- Agile Updates: Quick response to IRS changes
- Direct Support: Talk to experts directly
- Purpose-Built: Focused on 1099/ACA
Thomson Reuters (ONESOURCE) Considerations
- Complex Procurement: RFP cycles and approvals
- Multi-Year Commitments: Long-term contracts
- Professional Services: Implementation fees
- Slower Updates: Enterprise release cycles
- Broad Platform: Many reporting types
Observations based on typical enterprise vendor experiences.
Pricing Comparison
BoomTax Pricing
- Transparent per-form pricing
- No minimum contract value
- Volume discounts available
- All features included
- No implementation fees
- Cancel anytime
Thomson Reuters (ONESOURCE) Pricing
- Enterprise pricing model
- Multi-year commitments
- Professional services fees
- Module-based pricing
- Premium support tiers
- Contact sales for pricing
IRIS Migration Readiness
When evaluating any filing provider, make sure they can handle the FIRE→IRIS transition. Here's what BoomTax delivers:
- IRIS A2A Filing — Full support since tax year 2024
- Accepts FIRE-Format Files — Upload your existing Pub. 1220 files as-is
- Automatic FIRE→IRIS Conversion — We convert to IRS IRIS XML behind the scenes
- No Code or Format Changes Required — Your workflow stays exactly the same
- IRIS Error Code Handling — Full error translation and resolution guidance
- Combined Federal/State via IRIS — File once, we forward to participating states
Learn more: IRIS Resource Center | How to Migrate from FIRE to IRIS | Upload FIRE Files to IRIS
Frequently Asked Questions
No procurement required
Passionate about making tax compliance simple so businesses can focus on what matters.
BoomTax and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors prior to engaging in any transaction.