TurboTax Business 2023 - 2024
I can tell you from experience that with TurboTax Business, you simply don’t need to know a thing about business taxes to do your own tax return.
Turbo Tax Business Edition
It's easier than ever to do your own business taxes.
It starts with a customized interview that tailors itself to your type of business (corporation, partnership, or multi-member LLC) to get you quickly to the questions that apply to your business.
Just answer simple questions and it provides extra guidance to help you complete your tax preparation and maximize tax savings. Just let TurboTax Software do the work.
For small business owners it can be quite the task to organize and understand what's best for your filing situation. TurboTax Business is just the right program to make this task an easy one.
The advantages to doing your own taxes is that you can learn how to better take advantage of tax write-offs you normally wouldn't even know about. Uncle Sam take a toll on all of our wallets, so taking stock in your tax benefits is a great way to keep more money for yourself and your business.
Today's complicated tax returns don't have to be difficult to do, it just takes the right software to make things easy. Easy to follow formatting that tailors' itself to your business is what you should be looking for if you want to make sure your getting the right product for simple tax preparation.
Turbo Tax Business Includes Extra Guidance for New Businesses
- Imports Your QuickBooks Data - Use your QuickBooks tax-ready data and easily import your Profit and Loss statement.
- Simplifies Entering Income and Expenses - TurboTax streamlines data entry so you can quickly enter all your income and expenses.
- Saves time by transferring last year′s data, including all depreciable assets. A new year-over-year comparison to previous year′s return provides extra guidance.
- Creates W-2 and 1099-MISC Forms - Prepare forms for employees and contractors.
- Handles Multiple Businesses - Lets you prepare returns for multiple businesses, even if they are completely different entity types.
- Extra Guidance for New Businesses - Shows which start-up costs new businesses can deduct and easily gets you going in the right direction.
- Makes State Business Taxes Easier, Transfers your federal data to TurboTax Business State so you can complete your state return quickly.
- Federal efile is included with TurboTax Business. It′s easier and more accurate than paper filing and is the IRS′s preferred filing method.
- Maximizes Business Deductions to Help You Save on your return.
With TurboTax You'll Find Every Business Deduction Possible
- Determines whether to fully deduct equipment or if you need to depreciate.
- Travel: find what you can deduct for meals, airfare, taxis, hotels and more.
- TurboTax Business Identifies Industry-Specific Deductions
- World-Class Help Built In with the 24/7 Support Web Site
- FREE Technical Support via e-mail, phone or live chat
- Alerts You to Audit Red Flags — Points out deductions and tax situations that may increase your risk of an IRS audit.
Turbo Tax Business Accurately Calculates Your Taxes, Guaranteed — if you should get hit with an IRS or state penalty or interest because of a TurboTax calculation error, Turbo Tax will pay you the penalty and interest.
All in all if your looking for a way to save money with your business, doing your taxes yourself can save a lot, and, with TurboTax software it's always easy. More importantly is what you learn about your business and how to prepare for, and get, bigger refunds that really adds up the savings. Certainly for me it has made me far more knowledgeable about my taxes and how to save money on my return.
Explore our site and use it to your benefit, were glad to help, Enjoy!
