If you run a business, you need to file your taxes. There are many options to pick from. Intuit provides a variety of service tiers as well in downloadable solutions to give you an easy and user-friendly experience when you file taxes. However, these options can be quite expensive particularly if you have to prepare multiple state tax returns.

TurboTax Business is a business tax filing software application that provides users with various features. It allows users to prepare federal and state taxes to check for errors and omissions and receive a prompt refund. It also assists in determining the tax liabilities of their company and identify deductible expenses. It has a database that contains more than 350 credits and deductions, and uses this information to determine the best return for you business.

The software allows users to file quarterly estimated tax returns at the IRS. This is typically required if visit their website turbotaxsmallbusiness.com/how-to-choose-a-pos-system-for-a-small-business/ you expect to owe over $1,000 in taxes. Users can either pay through the Electronic Federal Tax Payment System or mail an 1040ES form.

The TurboTax Business software is a great choice for small-sized businesses that require assistance with their taxes. Its interface makes it simple to use and the program can handle an array of deductions as well as credit. It is designed for single-member LLCs and contractors that receive W-2s and 1099MISCs. The software can also assist users file returns for S corporate and business partnerships. It can also calculate capital gains and loss for properties sold, and other investment transactions.