TurboTax Business Erfahrungen

Cheaper than an Accountant!

Kommentare: We've only used it this year, and so far, I love it. It was super easy to link up Quickbooks and all our employee info. Very intuitive filling out the tax forms as well.

Vorteile:

I love that it syncs with our Payroll, that is why we switched from TaxAct is because TurboTax syncs directly with our Intuit Quickbooks.

Nachteile:

It's more expensive than TaxAct, and the customer service takes forever to get an actual agent on the phone.

A bit expensive, but great for deductions.

Kommentare: Overall, my experience has been pleasant and it gets my taxes over and done with, even if I think they charge a bit too much for small businesses.

Vorteile:

One thing I liked about TurboTax vs another tax system I also have used over the years, is that it does deductions a bit differently. It really helps you break it down to know what you can and cannot add. This is helpful for businesses that have to buy larger equipment or equipment more constantly to keep up with their demand.

Nachteile:

Like the other company I use, they can be a bit expensive for small companies.

Gets worse every year that goes by

Kommentare: TurboTax is a one-stop-shop for the two certainties in life, Death and Taxes, because by the time you're halfway through using their product, you'll be sure to want to blow your brains out.

Vorteile:

The only thing I used to like is that it would sync with other free Intuit products like Mint, but the new version is so buggy that even syncing doesn't work

Nachteile:

1. Suprise charges. Anything you do will sneak attack you with an upcharge for a necessary feature when you're halfway through. For example, the business version will charge you about $175 just for the software, then another $60 or so for your state, and if you're in NYC, it'll try to charge you even more for the city. Even their phone support team didn't know if NYC and NY State were necessary concurrently. The free version of the personal version hits you about halfway through with a surprise, "if you want to add a 1099, you have to pay us." 2. Bugs galore. The software logs you out, won't accept your password when you try to log back in, and won't let you reset your password. More wasted time. 3. Phone support is near non-existent, and the few staff members who do man the phones appear to lack information and authority to necessary to provide effective assistance. Also, you have to go through a phone tree where you may as well have to answer three riddles and sacrifice your firstborn to get to a human, and by the time you get that poor bastard on the other end of the line, you're seeing red and using every ounce of willpower not to take out your rage on the poor soul who is no doubt underpaid by a corporation that singlehandedly lobbied (successfully) to ensure that your taxes could not be done for you automatically by states for free.

File your business taxes in an hour

Kommentare: I did not need a CPA; I paid a fraction of what I would have paid a CPA firm

Vorteile:

I couldn't believe how comprehensive yet easy it was to be walked through the process for answering questions and providing data that would calculate my Federal and state taxes.

Nachteile:

It was so thorough that there were a lot of questions that were not relevant to my business so I felt like I was spending too much time on moot things.

Great for small businesses owners

Kommentare: Turbo tax is very user friendly. I recommend it to all my friends. It finds deductions I didn't know about and calculates everything for me quickly and efficiently as I go through it.

Vorteile:

Turbo tax makes it easy to understand what information is needed to fill out my tax returns and asks questions to make sure nothing gets missed

Nachteile:

It's time consuming to do my taxes. There are a lot of steps to get done in order to complete them

Good software for startup businesses.

Kommentare: Overall, we have had a good, but not great experience with TurboTax. I would recommend at least consulting a CPA in conjunction with this as your business matures.

Vorteile:

Seems to function as we need it to, along with providing the data and information that we need.

Nachteile:

There are some things that a CPA might catch sooner than the software will. Customer service can take a while to reach.

Using for the past 5 years with success

Kommentare: For anybody who owns a small business with limited payroll I would 100% recommend the software. I have actually recommended it to my friends who file simple 1065 and 1120s returns.

Vorteile:

Very easy process, the system asks specific questions and based on your answers you are guided into placing the data where it needs to be. I'm very familiar with tax returns both personal and business as I am in the financial field and for about 90% of the small business/self-employed people I would recommend the software for ease of use and functionality. Also, customer service and online support services are exceptional.

Nachteile:

This isn't a personal issue but I would not recommend the software to anybody that has significant real estate assets or liquid assets tied to their business. There are just too many areas that require a human eye for tax purposes and deductions that it may be worth spending a few thousand dollars and having a professional file on your behalf.

Great Small Business Tax Option

Vorteile:

The software is user friendly and allows the user to get help whenever they need it. Which is important

Nachteile:

The software doesn't have any cons that come to mind.

Business schedule C or 1099

Kommentare: The only income tax app I will do my business tax on is TurboTax Business.

Vorteile:

It calculates everything for me all i have to do is input the information. I been doing turbo tax on and off for 10 years. If you have a self employed business income can use your 1099 and input that info or if you did turbotax last year it will bring it over from last year.

Nachteile:

Once you switch over from 1040 to business turbotax you cant change it you have to delete all your information and start over.

The ONLY way to do Taxes

Kommentare: TurboTax for Business is anyone and everyone. The most simplistic way to do your tax returns.

Vorteile:

This is the only way to do Taxes for my family. It walks you through everything with explanations and tells you exactly what you need for each step.

Nachteile:

The only con was that there were sometimes I needed my old tax returns, and it wasn't straightforward finding them.

Yearly Turn to TurboTax to file my own taxes

Vorteile:

Turbotax will keep prior years information saved for next years taxes if you have not had any significant changes you can easily file your taxes without having to locate documents for filing the EITC, employer information, household information etc. There is no cost to file your federal taxes with Turbotax. It sends reminders when your tax return is estimated to come. It allows for you to have access anywhere being it is web-based and anywhere you have internet access you can access Turbotax. It has a forum for questions and answers for anyone to review and a free estimation of your tax return estimator. It allows you to review your taxes for any errors or mistakes. If you remain idle too long the software will automatically log you out. It allows users to file their own taxes. They have areas to explain questions asked on taxes. It is user friendly. With so many users it should not allow you to access your taxes and then force you to upgrade the next year and if you do not it will vanish your information in front of your face which is sort of rude if you ask me. They should just delete if after they send the information or at the end of the tax year your filing for ask would you like to take out to save next years information for fast and easy convience? People would be more inclined because they have the money to do it to be taken out. What if I do not want to upgrade and needed to amend a tax year and they erased the information what happens then?

Nachteile:

It only saves your information if you pay to upgrade the software if you do not pay your information is lost and you have to input everything like a first time user. There is a cost for your state taxes but it does not seem to be as detailed for state taxes as it is for federal as far as claiming the EITC through State Taxes as well. Because people fraud taxes some answers in the forum or vague and for people really wanting the answer it really is not presented as a yes or no. Maybe they can have a ask a legal question regarding your taxes feature for answers to tax related questions and provide that as an additional service where the question is emailed to you. Are for an a la carte flat fee with the upgrade you have the option to have lawyer/irs agent answered tax related quesitons with definite answers provided in a general forum and have a per day usage charge deducted from taxes or something of the sort. Then you can really do your taxes without having to consult someone, then finish your taxes later.

Amazing for Business Owners and Self-Employed

Kommentare: My overall experience has been amazing. Truly a helpful solution to doing your taxes and it is a fraction of the cost of a CPA. Every dollar can count when you're self-employed so saving that little bit during tax season and being at ease knowing you're using a great platform has helped a ton. Highly recommended!

Vorteile:

TurboTax saves a lot of money versus going to a CPA for tax season! It's highly intuitive and easy to use, even while being self-employed and owning my own business. Every year, the financial landscape changes and different sources of income come and go, but TurboTax asks you so many specific questions while working on your tax return that it makes figuring everything out very easy. In cases where I have been confused, a quick google search yields many results from their site and customer support, which have answered every question I've ever had. I've heard that their customer service and guidance is amazing but I haven't needed to use it.

Nachteile:

Occasionally there is a vague question but that is very rare and usually easily answered. Also, at the end of your return, if something is wrong, it won't process its final analysis so you need to go back and find the problem. Sometimes it's easy to find and other times they don't make it pop out so you have to search for a bit to figure out what was missed or what is incorrect.

Sole Proprietorship Taxes

Kommentare: Overall, turbotax business is a very good product. It has worked for my practice and as a sole proprietorship it is all that is needed versus an accountant. If you need it for an LLC that is too big, an accountant may be a better choice. If one is self-employed, small business, combines personal and business income, then I would highly recommend.

Vorteile:

A. The user interface is friendly compared to other tax software B. The online version at intuit is user friendly in that you can stop & go anytime you want when filling out sections C. Finds a good amount of credits and deductions I never realized existed as a sole proprietorship and money loss. D. Does a good audit/check at the very end so everything appears filled properly E. Cheaper than an accountant for a small business

Nachteile:

A. The tax breaks & credits at the state level sometimes are not always there B. Some sections are a bit confusing but if you cross check the description or on the IRS website it becomes more self explanatory C. Works well for self employed and small business but larger institutions might have more of a headache

Turbo love

Kommentare: My overall experience was phenomenal i couldn't of asked for a better tax company to handle my finances.

Vorteile:

I love that turbo always filed my taxes upon no issues nor delays. I always got paid on schedule and they always help fix any issue virtually 24/7.

Nachteile:

I cant say i least like them the company is a great business completely professional i couldn't find any bad reason to dislike the company.

Amazing for your small business

Vorteile:

I've used Turbotax on my personal taxes for years now, and am excited to use it for my small contracting business. I love that everything is so easy to use, explained well, and carried year after year. Also, you can always go back and print things and reload if it wont work. In a modern, paperless world, this is so important. Turbotax will always look for tax breaks for you, and will see if you can qualify for more tax credits - something that every small business needs. I've tried other tax software and this is by far my favourite.

Nachteile:

It can add up quickly. The benefits of doing your own taxes are that you save accountant fees. However, this charges you based on your income and tax return ,so that can always become more expensive. On top of that, I always add the audit defence just to be safe, something I've never needed, but is more costly than filing.

Works for the vast majority of small businesses

Vorteile:

It handles a huge amount of unique tax situations and does a decent job "growing" with your needs. The way it can automatically import tax forms and w2s is also wonderful. Our house hold has a w2 employee and two self-employed people and it handles all of our revenue, expenses, schedule Ks, schedule 1099s, and more with ease

Nachteile:

If you want to stop and come back it makes you go back over SSOOOOO many things again and again. To ensure an easy filing, have everything ready to go. Sometimes we like to enter in as much as we can and then finish up a few weeks later when all the forms come in (schedule Ks can take a while). To go back in to enter new information, it forces us to answer the same questions again that we've already answered. Annoying, but not a deal-breaker.

This is Tax software done right.

Kommentare: Our Tax situation as a business is very straightforward and does not require a tax professional to solve, that means software like this has empowered us to file our own taxes and cut out the middleman without losing any deductions or credits as a result.

Vorteile:

TurboTax Business is quite possibly the easiest way to file taxes for small business period. we are using this along side with Quick-books online so integration is seamless. It has all of the forms for every kind of employee and business tax situation including obscure ones like business tangible and Meals Tax in Arlington county. The Audit defense is very helpful if you are worried you made an error while filing (Peace of mind!)

Nachteile:

There have never been any issues using this software for us, the customer service is top notch and always able to help when we don't understand a feature or have a question.

Very Intuitive Software

Kommentare: Easy to use software with great tools.

Vorteile:

The software is well built. All the formulas and calculations are accurate. Gives you great suggestions for a bigger refund check.

Nachteile:

Customer Service is not what you expect. During the call, I was provided a service code for 20% off which never worked.

TurboTax Business is Top Notch!

Vorteile:

This software is extremely easy to use. It asks a series of questions and gives considerations for all sorts of things related to your taxes and, your business, specifically. It performed all data calculations for me, and I've never had an issue with my returns using TurboTax Business. I've actually had to use the Audit Defense feature twice, and it was amazing to work with the attorneys who communicated with the IRS on my behalf. It is well worth the money.

Nachteile:

Over the years, it has increased in price. That's my only criticism. But that is also to be expected and is worth every penny. It is also considerably cheaper than the competitors.

Works great for an uncomplicated small business

Kommentare: It does what I need easily and I have no complaints, and for taxes and bookkeeping, that's what you're looking for!

Vorteile:

I have a small business on the side and TurboTax Business serves my needs really well. Keeps me organized and makes tax time a breeze. If you've got a lot more going on or this is your primary business, you may be looking for more functionality, but for a side hustle this is top notch.

Nachteile:

Every time I've tried to contact customer service they haven't been a ton of help. Always want you to buy into a higher tier or send you to the forums. I usually find an answer there but it would be great to have people who'd answer your questions quickly.

makes taxes less taxing

Kommentare: I needed a simple basic tax program to do my taxes timely, estimate my quarterly payments, and generally be understandable without overly complicated or risky deductions. Most new businesses want to deduct everything that is arguably business-related. Turbo tax helps me limit my possible outlandish "expenses" from becoming a lialbity. Its basic nature is a good asset for a conservative return.

Vorteile:

This is a great program for small business taxes. It helps explain the definitions and calculations necessary to prepare a tax return while ensuring you do not miss anything and do not take unnecessary risks. I appreciated the program's help applications. Intuit's control of the program has perhaps dumbed it down some. Still, I found this easy to use for a simple LLC business with nothing outlandish to depreciate or otherwise complicate the application.

Nachteile:

This was my first year using it, so I could not merge or otherwise easily import my data. If it was possible to do, I was not able to easily figure it out. I will use this for future returns and hope the historical data will make the next tax year easier. I was a long-time user of turbo tax, and the continuation was a big reason I stuck with it year after year. Since this is a new business for me, I did not have the luxury of having past years already populated.

TurboTax Business Review

Kommentare: Overall, I enjoy using TurboTax Business to prepare taxes and the desktop application makes it easy to do.

Vorteile:

With TurboTax Business, I really like how the software is set up and how you can click through your Tax return at your own pace or you can follow along step by step. I also really like that they have a feature where you can flag a section you are working on to make a note to return to later, this saves you having to dig through all the documents to find that same spot again.

Nachteile:

There are always a bunch of updates that need to be done and I find this sometimes can take a while to download and load up.

The only way I will do taxes

Kommentare: overall, I love using turbo tax. I no longer dread tax season, instead I'm excited to log into the program, check out the previous years summary, and file my new information.

Vorteile:

I have been using this software for three tax seasons now and I will never go back. Turbotax is a breeze and I love how you can see your breakdown before you file anything. It is also important that they keep all of your records from previous years.

Nachteile:

nothing is free- but turbotax can be significantly cheaper than hiring a human tax preparer. Alternatively you could attempt to do them yourself, but time is also money.

Great for Small Biz

Kommentare: We will definitely use this going forward for our taxes. Very simple and reasonably priced!

Vorteile:

I liked that because we use Intuit Quickbooks Online, we could import all of our information with just a click and a few questions. We had previously been doing taxes the old fashioned way and implemented this last year. 100x easier and I was more confident in our return with TurboTax's guarantees.

Nachteile:

It was a little confusing when we first started what we needed to include or where certain expenses should go but the help pages were really informative.

Very Helpful for Those Without Tax Knowledge

Kommentare: My overall experience with TurboTax has been good. I have successfully been able to file on my behalf multiple times and very easily!

Vorteile:

I like TurboTax because for the last couple years, I have filed my taxes by myself and TurboTax has made it extremely easy for me to do that! It is easy to follow and I have never had an issue with my filings or returns.

Nachteile:

What I liked least about this software are all the premium features such as not being able to have access to some files after certain amounts of time.