TurboTax Business
TurboTax Business is designed specifically for corporations, by Intuit, the makers of TurboTax and other fine tax preparation products used internationally (such as QuickTax in Canada). Like TurboTax for the public, TurboTax Business aims to be eminently usable while at the same time doing an effective, accurate job of filling out tax forms.Navigation and User friendliness: 9
TurboTax for Business guides you through the business tax return step-by-step, asking simple questions then placing your answers directly into the forms, with calculations. Expect the same user-centered design you get with TurboTax regular.
Ease of Setup: 8.5
The setup wizard guides you through the process intuitively.
Feature Set: 9
TurboTax for Business gives professional tax preparers all the advantages of TurboTax regular in a corporate edition. Features include:
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- The Deduction Finder, which points out the latest changes to tax laws relevant to your business.
- Audit Flags pointing out the business-specific audit items you need to be wary of.
- The Depreciation Expert designed to automatically choose the best depreciation method for your corporate assets.
- Tax Savings Action Plan and other tools to help you save money in the future.
- An extensive tax library available to aid you throughout the year.
- A 1041 Federal Interview that helps prepare Form 1041 for Estates and Trusts.
- QuickBooks data importing.
Like all Turbo Tax products this is an extensive feature with this product
Effectiveness: 9
It's very effective if you are running a business. It is practically mandatory if you are already running your business using QuickBooks.
Price:
Very reasonable.
Summary: 10
Aside from being an advantageous, easy-to-use tax filing software this package gives you a library of tips you can use throughout the year to help you run your entire business with an eye on your tax return and payables. Intuit aims to please with all its products.
