TurboTax Business 2023 - 2024
It's easier than ever to do your own business taxes.
TurboTax Business Review
With Turbo Tax Business, you don’t need to know anything about filing business taxes. A customized interview process tailors itself to your type of business (corporation, partnership, or multi-member LLC). Then provides you with extra guidance to simplify the tax preparation process and help you maximize tax savings. Answer simple questions and let TurboTax software do the rest.
If your looking for a way to save money on your business taxes, then TurboTax Business Edition is probably the best choice for you.
Doing your taxes yourself is a win win from the start. First of all, I don't know of reasonable accountants or CPA's when is comes to business taxes. It seems to me that anyone working on my business taxes in the past has had a habit of increasing their charges dramatically every year.
No complaints though, if it weren't for that I would probably still be using one.
For myself, getting out on my own has been a enlightening experience, mentally and financially. I save more now knowing how to properly prepare for tax benefits I never knew about before.
TurboTax Business Edition Features
- Automatically imports QuickBooks income and expense accounts, classifying them in appropriate tax categories.
- Simplifies Entering Income and Expenses
- Creates W-2 and 1099-MISC Forms
- Helps prepare forms for employees and contractors.
- No limit on the number of forms you can prepare
- Handles Multiple Businesses
- Extra Guidance for New Businesses
- Maximizes Business Deductions
- Large Purchases (Assets): determines whether you should fully deduct equipment or depreciate
- Promotion and Advertising: deduct expenses like brochures, business cards, web sites, and sponsorships
- Travel: determine when (and how much) you can deduct for meals, airfare, taxis, hotels and more
- Identifies Industry-Specific Deductions
- Simplifies Asset Depreciation
- World-Class 24/7 Support
- FREE Technical Support, Get answers from a TurboTax Online expert by e-mail, phone or live chat
- Live Tax Advice, Offers one-on-one support from highly qualified tax professionals
- Reduce Audit Risk, less than 1% of all C Corp, S Corp, and partnership returns are audited (compared to 3%+ of Schedule C returns). TurboTax Business helps you reduce your risk even further.
Turbo Tax Business Accurately Calculates Your Taxes, Guaranteed
Penalties assessed for IRS or state corrections, or interest because of a error are covered by TurboTax. Use the TurboTax Calculator for accuracy . They will pay you the penalty and interest charges if they are responsible for the error.
- Checks Your Return for Errors
- Alerts You to Audit Red Flags
- Also Available: Audit Defense
