TurboTax Business

TurboTax Business is another version of Turbo Tax that is mainly created to help small businesses. Entrepreneurs, who are running their business on sole proprietorship, LLCs, partnerships and corporations, can largely benefit from the use of Turbo Tax Business. This software makes it possible for small businesses to maximize their tax deductions according to the specific industry guidelines where their business must adhere. Creating income and expense reports can also be done with the help of this software.  This Intuit small business software is known to be among the best as it precisely tackles business tax needs in an unparalleled manner.

Pros:

• Importing information from QuickBooks can be done easily
• Provides excellent guidance
• Tracking and ease of use is awesome
• Enables accurate returns
• Allows seamless process

Cons:

• "Error that needs to be resolved" pops up sometimes
• Might not be enough for larger companies
• Final cost can't be determined until the actual filing of taxes
• Making a mistake in filling out the forms may lead to rejection