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SoftwareMedia Blog | April 30, 2016

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Best Tax Software Solutions for Small Businesses

Best Tax Software Solutions for Small Businesses

Running a small business can be enormously difficult, day in and day out. We’ve been there. It’s extremely important to take advantage of every tool available to you in order to streamline your businesses processes and make things more manageable, and unload some of that entrepreneurial burden.

It’s hard to imagine a more soul sucking and frustrating job for a small business owner than doing business taxes. Thankfully, there are a number of great software solutions on the market today that make the process much easier, even if it still isn’t outright fun.

TurboTax Business 2012 – $138

With TurboTax Business, you don’t need to know a thing about business taxes. Its customized interview tailors itself to your type of business (corporation, partnership, or multi-member LLC) and provides extra guidance to simplify tax preparation and help you maximize tax savings.

TurboTax Business works best if your business:

  • Is an S-Corp, C-Corp, Partnership, or multi-member LLC.
  • Has revenue less than $250k
  • Has fewer than 5 employees

TurboTax Home & Business 2012 – $97

This software was designed to easily guide you step by step through your taxes, so your personal and business deductions are maximized, the calculations are guaranteed 100% accurate, and you’re getting your biggest tax refund possible.

TurboTax Home & Business works best if:

  • You’re self-employed or receive income from a side job
  • You’re a sole proprietor, consultant, 1099 contractor, or single-owner LLC.

H&R Block At Home Premium & Business – $82

includes everything you need to complete your personal and business federal and state taxes. A simple question-and-answer process helps you find hundreds of deductions to get the biggest refund. Ideal for corporations, S corporations, partnerships, LLCs, non-profits, and estates and trusts, the program includes trusted H&R Block expertise, along with expert advice from H&R Block’s community of tax specialists, business tax planning, payroll and employer forms, live personal tax advice, personal audit support, and H&R Block’s maximum refund guarantee–with unlimited business state returns at no additional cost.

Take some time to review the information provided at the links to these products to make sure you get the best tax software for your small business. We’re happy we can help small businesses everywhere make direct, positive impacts on the bottom line!

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