The Best Software For Doing Your Small Business Taxes

Small business owners often find themselves juggling multiple responsibilities, and filing their business taxes can feel like a daunting task. However, there are online tax filing software options available that can help save both time and money.

These software platforms cater to small business owners, providing them with the tools and resources they need to complete the tax filing process online. With these user-friendly solutions, there‚Äôs no need to hire an accountant or a tax expert. 

The best software options are designed to streamline the tax filing process, making it accessible and manageable for start-ups and small businesses.

  • TurboTax

While TurboTax may come with a higher cost compared to other tax filing software, it is renowned for providing excellent user experience. Its user-friendly interface offers a step-by-step guide that is so easy to comprehend.

Additionally, TurboTax goes the extra mile by providing on-demand consultations with certified public accountants or tax experts. This ensures access to professional help as the need arises. Furthermore, TurboTax provides free audit support, giving small business owners peace of mind in case they receive an IRS or any tax notice that requires further attention.

  • H & R Block

It comes both in free and paid versions. The free version is limited to simple tax return transactions only. Although the H&R Block Premium version is pretty costly, its accessibility is impressive. Aside from laptop, it can also be accessed via a smartphone.

One of the standout features of H&R Block is its unlimited chat and live support, ensuring that users get the assistance they need. It also guarantees 100% accuracy in its calculations. Boasting its extensive physical presence with over 11,000 locations, H&R Block gives business owners the option to speak with a tax expert in person to discuss complex tax transactions and address whatever tax queries they have at hand. But it is worth mentioning that such in-person meeting requests may cost extra charge.

  • 0FreeTaxUSA

FreeTaxUSA is offered free, but there is still a state filing fee to be paid. For those seeking additional features, a Deluxe or paid version of the software offers assistance from live support in the event of IRS audits. With its comprehensive offerings and commitment to customer satisfaction, FreeTaxUSA stands out as a reliable and cost-effective option for managing your tax filing needs. 

  • TaxSlayer

Affordability is what makes TaxSlayer the choice of many small business owners. Unlike others, it entails lower state filing fees and comes with a cheaper premium plan. Troubled with complicated business taxes transactions? Consider getting an upgrade at a cost lower than other tax filing software mentioned above. The premium version of the software gives out one-on-one support from real tax experts. Lastly, it promises a 100% accuracy and maximum refund guarantee for penalties caused by platform errors.