Turbotax small business provides tax filing software for small-sized companies and individuals. It supports a variety of tax forms and provides guidance on filing quarterly estimated taxes. It also helps small-business owners to manage their income taxes related to rental properties and real estate. Users can reach support via live chat and email, and a content hub provides information on topics like taxes and business.

Customers can select from several different service tiers and download versions of the software. The basic package for sole proprietors or freelancers begins at $170 for a federal filing and $55 for each state. The premium version, which is referred to as TurboTax Business, provides support for S corporations and multi-member limited liability companies.

Intuit’s software checks the return against a database that contains 350 credits and deductions to help you maximize your refund. It’s accessible on desktop computers, the mobile app, 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 how to categorize your company. For instance, you’ll have to decide whether to use the cash or accrual method of accounting.

You can also use the program to determine whether you have an directory how data room provider is crucial for companies expense in your business that’s eligible for a tax deduction. The program can also track the cost of large purchases and help decide on a strategy to depreciate your assets. Depending on your industry you may be required to file a variety of different taxes, both local and state-wide. These are often submitted through the tax department of the state.