TurboTax Business 2007 | TurboTax-Business Rocks

TurboTax Business 2007 | WhiteMt

software:

TurboTax Business ...

	TurboTax Business 2007 Windows \| Intuit, 2007 average customer review:based on 29 reviews view larger image
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TurboTax Business 2007 can help simplify the complex process of filing your business taxes. It guides you through your return step-by-step so you can quickly file your taxes and receive an even faster refund. Youwon't have to struggle with confusing tax laws or directions-- Business 2007 does it all for you by asking easy-to-understand questions in plain English and then placing your answers onto IRS-approved forms. To ensure complete accuracy, it then double-checks your return for errors and even flags potential audit risks.If your business is a corporation or partnership/LLC, and earns up to 250,000 dollars a year, TurboTax Business is ideal for preparing and filing your business income taxes. This easy-to-use software prepares Forms 1120S ("S" corporations), 1065 (partnerships/LLCs) and 1120 ("C" corporations) while also working for estates and trusts. Import options make it a snap to retrieve and access the data you need from other business programs like Quickbooks Two-tier format shows you high-level tax topics and the specifics that relate to each topic

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TurboTax-Business Rocks

As a tax preparer, I often use this product to generate one of the many types of K-1 necessary for clients. It is fairly easy to use.

WhiteMt

Turbo Tax products are very user friendly and believe accurate. Would apprecaite their including Sub-Charpter S Corp in with Home Business Software as the purpose of Sub-S are the same as LLC.

Have used Turbo Tax off and on for many years. Tried others but never the same or user friendly as Turbo Tax. Best Tax Software on the Market.

Cheaper than a CPA

Last year, I paid a CPA almost $400.00 to do my small business taxes for an LLC. Everyone told me that was a "good price." It was the first year with the business and I figured I couldn't do the taxes on my own. This year, after reading some reviews by other consumers, I decided to go with TurboTax for the business. I had used it in the past for my personal taxes with great success. I found a few glitches, but for less than $100.00, my taxes are already done and in the mail. Hopefully, I won't be audited...but so far so good. Even if you can't understand the government's instructions, you are likely to easily understand Turbotax's instructions and THEY DO THE MATH. I highly recommend Turbotax.

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Worked okay for a complex trust (Form 1041)

I was a little cautious about using TurboTax for what I bought it for. On their website, I looked to see what they offered for doing taxes on a trust and this is what it told me to buy. Given that all of the advertising was for small businesses, I wondered if this would really do the trick.
So far, so good. I haven't heard back from the IRS and the tax that the program calculated was consistent with what I've paid in past years. For the last three years, I've used a CPA who has charged $400-$500 to prepare the return for a trust. This year, it was me, turbotax, and about four hours on a Saturday. There were one or two places where I didn't really understand how I was supposed to account for something and I doubt that I would have been able to do this solely with the software. It was very useful to have a few years of past returns to see how/why certain things had been done in the past. If you have some familiarity with the tax law and some idea what you're doing, I would strongly recommend the product (I plan on doing the same thing next year). However, if you're not terribly comfortable with taxes and have a trust with anything more than the basics, the user-friendliness of this product isn't quite up to the level as some of Turbotax's offerings for personal returns.

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reviews: page 1, 2, 3, 4, 5, 6

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