Turbotax small business offers tax filing software for small-sized companies and individuals. It offers a variety of tax forms and offers guidance on how to file your quarterly estimated taxes. It also helps small companies with income tax issues related to rental properties and real estate. Users can get support through live chat and email, and a curated content hub that covers topics such as taxes and business.

Customers can pick from multiple levels of service, as well as download versions of the software. The most basic option, for sole proprietors and freelancers, begins at $170 for federal filing and $55 for each state. The premium version, called TurboTax Business, provides support for S corporations and multi-member limited liability companies.

The software of Intuit compares your tax return against a database of over 350 credits and deductions, assisting you maximize new blog post turbotaxsmallbusiness.com your refund. It’s accessible on desktop computers, mobile apps, and the QuickBooks online portal.

TurboTax Business requires that you have all of your business records, including your company’s income and expenses, in front of you. The software will help you decide on the best way to categorize your business. You’ll have decide, for instance whether you’d like to utilize the accrual or cash method of accounting.

The program can also be used to determine whether you have a business expenditure that is eligible for a deduction. The program can also track large purchases and assist you to determine a plan of depreciation for your assets. Depending on your industry, you may need to file a variety of different state and local taxes. In many cases, these are filed through the tax agency of the state.