SurePrep
SurePrep is a Thomson Reuters suite for automating individual (1040) tax return preparation at accounting firms. 1040SCAN reads client source documents and populates the tax software, SPbinder organizes workpapers for review, and TaxCaddy collects documents and signatures from clients. An outsourced preparation service is also offered.
What the AI does
- 1040SCAN extracts data from client tax documents and exports it into the firm's tax software
- Uses text-layer matching and AI/machine learning to auto-verify extracted data on a share of standard documents, routing the rest for verification
- Sorts and bookmarks source documents into a workpaper index that follows the order of the return
- Optional 1040SCANverify service in which SurePrep verifiers check extracted data before firm review
Summarized from tax.thomsonreuters.com.
Facts, checked against the source
- Category
- Tax preparationSource: tax.thomsonreuters.com (opens in a new tab)
- Built for
- CPA firmsSource: tax.thomsonreuters.com (opens in a new tab)
- Ledger integrations
- None documented among QuickBooks Online, Xero, NetSuite, Sage Intacct and Microsoft DynamicsAlso documents: UltraTax CS, CCH Axcess Tax, GoSystem Tax RS, Lacerte.
- Pricing
- Not publishedThe vendor does not list prices publicly; pricing is by quote or sales contact.
- Free plan
- UnconfirmedPricing is not public or does not say.
- SOC 2
- UnconfirmedWe could not find an official statement either way.
- Trains on customer data
- UnconfirmedWe could not find a published statement that answers the question.
- Human review
- Human reviewPer the 1040SCANverify policy, auto-verified pages skip manual verification unless flagged, other data goes to SurePrep verifiers or the firm's own staff (the firm chooses per step), and the firm reviews and signs off on the return.Source: thomsonreuters.com (opens in a new tab)
- Company
- Part of Thomson Reuters (Nasdaq and TSX: TRI)Source: thomsonreuters.com (opens in a new tab)
- Funding
- Unconfirmed
- Checked against the linked official source on the date shown.
- Unconfirmed: we could not find an official statement.
Sources
Official pages read for this listing on October 14, 2026. Vendors change their sites; if a page no longer says what we report, tell us and we will recheck it.
- tax.thomsonreuters.com/en/sureprep
- tax.thomsonreuters.com/en/products/1040scan
- tax.thomsonreuters.com/en/products/spbinder
- tax.thomsonreuters.com/en/products/taxcaddy
- www.thomsonreuters.com/en-us/help/sureprep/1040scan/1040scan-policy-statements/2025-1040scanverify-policy-1040-return
- www.thomsonreuters.com/en/press-releases/2023/january/thomson-reuters-completes-acquisition-of-sureprep-llc
- ir.thomsonreuters.com/
No changes logged since this listing was published. Changes and corrections are recorded in the changelog.
SurePrep questions
- Does SurePrep train AI on customer data?
- We could not find a published SurePrep policy that says whether customer data is used to train AI models.
- Does SurePrep have SOC 2?
- We could not find an official SurePrep statement about a SOC 2 report.
- Which accounting systems does SurePrep integrate with?
- SurePrep does not document an integration with QuickBooks Online, Xero, NetSuite, Sage Intacct or Microsoft Dynamics on its site.
- How much does SurePrep cost?
- SurePrep does not publish prices; pricing is by quote.
- What are alternatives to SurePrep?
- Other tax preparation tools in this directory include Black Ore, Filed, Juno, Keeper and Aiwyn.