If you operate a business, you need to prepare your taxes. There are many options to pick from. Intuit offers multiple service levels and downloadable solutions that provide a user-friendly tax filing. These services can be costly particularly if they are used to prepare multiple tax returns for different states.

TurboTax Business is a business tax filing software application that offers users a variety of features. It lets users prepare state and federal tax POS system returns, check them for errors and omissions and receive a swift refund. It also assists users in determining their tax obligations for their business and determine deductible expenses. It has a database of more than 350 deductions and credits and it makes use of this information to calculate the best return for your business.

The software assists users to submit quarterly estimated tax payments with the IRS. If you anticipate owing more than $1,000 in tax, this is usually required. Users can pay their taxes through the Electronic Federal Tax Payment System or mail the form 1040ES.

TurboTax Business is a great choice for small-scale business owners who require assistance with their tax returns. Its interface is easy to use and the program can handle many different deductions and credit. It can be used by sole proprietors and contractors who have received W-2s or 1099-MISC forms. The software also assists users file tax returns for S corporate and business partnerships. It can also help calculate capital gains and losses for property sales and other investment transactions.