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H&R Block
TaxAct Business
Sage Intacct
Recommended
Jeffrey T.
Founder
Leisure, Travel & Tourism, 1-10 employees
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Jeff T. : Hi, I'm Jeff. I'm the Founder and I give TurboTax Business five stars. For more reviews like...
Faith P.
Self-Employed
Apparel & Fashion, self-employed
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Faith: Hi, my name is Faith. I work as virtual assistant, and my rating for TurboTax is a four out of...
Shilleah S.
Verified reviewer
Consumer Services, 11-50 employees
Used other for less than 6 months
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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.
I love that it syncs with our Payroll, that is why we switched from TaxAct is because TurboTax syncs directly with our Intuit Quickbooks.
It's more expensive than TaxAct, and the customer service takes forever to get an actual agent on the phone.
L'Nai C.
Health, Wellness and Fitness, self-employed
Used daily for 1-2 years
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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.
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.
Like the other company I use, they can be a bit expensive for small companies.
BRANDON M.
Law Practice, 1-10 employees
Used other for 2+ years
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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.
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
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....
Ronak P.
Biotechnology, 10,001+ employees
Used daily for 2+ years
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Easy to use software with great tools.
The software is well built. All the formulas and calculations are accurate. Gives you great suggestions for a bigger refund check.
Customer Service is not what you expect. During the call, I was provided a service code for 20% off which never worked.
Joseph Z.
Internet, 1-10 employees
Used other for 2+ years
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I did not need a CPA; I paid a fraction of what I would have paid a CPA firm
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.
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.
Merribeth B.
Real Estate, 1-10 employees
Used monthly for 2+ years
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I love the ease of use, the ongoing updates, and the fact it keeps my files backed up. I always save to my external hard drive as well maintain hard copies.
Constantly updating to keep current with tax regs.
It is a little expensive, however I believe it is worth it. Also, sonetimes I have had to override a glitch in the product, however, customer service has been there ut to help.
April D.
Verified reviewer
Individual & Family Services, self-employed
Used monthly for 2+ years
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My overall experience with TurboTax is that I can always get my information when I need it and it’s easy to use. They always have someone that can answer any questions I have if I can’t find it on the software. TurboTax has been great for my business.
The best thing I have always like about this software is that I don’t have to anything but put in my information. It has always have any new changes done when it needs it.
There really isn’t anything I can say bad about this software. I have use this software for 6 years now and it have always great for my business.
Alfred W.
Farming, self-employed
Used monthly for 2+ years
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I have used TurboTax for many years and it makes keeping track of tax liabilities very easy. I would recommend it to anyone.
Very easy to use, provides any options available to customize your tax entries and works great.
There's not anything that I feel is bad about this software.
Jennifer B.
Retail, self-employed
Used monthly for 1-2 years
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Wonderful positive experience help me with any tax problem I have
I love this software because it helps me with my tax management and helps me walk through any tax problem I have
There's nothing that i don't like about it all the features are wonderful
Amanda Renee S.
Government Administration, 1-10 employees
Used monthly for 1-2 years
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I liked the ease of use. It walks you through it step by step.
I feel it is too expensive for a small business and it lacks the personal touch of a tax person and their knowledge.
Virginia B.
Verified reviewer
Information Technology and Services, 51-200 employees
Used other for 2+ years
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I’ve used TurboTax, electronic tax preparation software, for three consecutive years to file my state and federal taxes. TurboTax provides e-filing taxes services and assistance for those filing as self-employed, small business, military, and retirement tax purposes. TurboTax will make filing less of a hassle; all you have to do is plug, and it will take care of the chugging for you. Overall, I have...
Although TurboTax does have a free plan, keep in mind you will still have to pay when e-filing (technically speaking… it’s not exactly free). As an experienced Turbo user for three years now, I have only encountered one experience where Turbo did not catch a mistake; for this reason, I would highly recommend you have one of the CPA/EA’s available to you via TurboTax look over your taxes before...
India P.
Verified reviewer
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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...
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...
Andy S.
Music, self-employed
Used other for 2+ years
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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!
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.
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.
Ken B.
E-Learning, 51-200 employees
Used other for 2+ years
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Overall, I love using the software. Makes doing taxes quick and gives me the confidence that I didn't miss anything. Also, the auto-calculations ensure that there are no mathematical errors on your part.
I have used TurboTax for Business for years. In addition to being an employee, I also have some of my own Sole Proprietorships. The software walks a person step-by-step through every aspect of his taxes, accounting for all his income and also for all possible deductions and credits. It auto-calculates the totals. Also, you can use the software to file your taxes electronically, which usually results in a very quick refund, if any is due.
Occasionally, there are special circumstances when you have to do a manual over-ride of the software's calculations, but if you do that then there are times when you can't use the software to file electronically. Your calculations will still be correct, but you'll have to file a printed paper copy and send through the mail rather than electronically. This isn't the case with all manual over-rides, but it can happen.
Amy T.
Retail, 1-10 employees
Used other for 1-2 years
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TurboTax Business really walks you through everything you need. My taxes aren't extraordinarily complex, but I do run an inventory-based business, so it's more complex than a basic employee tax filing. That said, TurboTax really seems like it can handle the tax situations of quite a lot of people. It's pretty reasonably priced, and asks you questions that walk you through everything. They've got helpful explanations embedded within the software for questions you'd likely have about a specific section. They also have a pretty thorough help section, as well as live support if you need (though I never did). I hadn't ever done my own taxes before (only used H&R Block or similar in the past before owning a business), but I felt like TurboTax was very approachable.
The only small complaint I have is that if you aren't working on the software for a little while, it logs you out (which is great for security purposes), but then when you log back in, it just takes you to the dashboard and you have to navigate back to the part you were working on. I wish it would give you the option when you log back in of taking you directly to the last page you had been on when it logged you out.
Joseph P.
Mental Health Care, self-employed
Used other for 2+ years
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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.
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
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
Beth H.
Health, Wellness and Fitness, 1-10 employees
Used other for 2+ years
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Overall, Turbo Tax for Business make tax prep and preparation of a return a breeze. IN less than one day, with only a little advance tax prep, both state and federal returns were done with ease and no stress.
I am fully confident in the structure, backup and support that Turbo Tax provides for small business owners. Much cheaper that a tax preparer and as a small business owner cost is key to a profitable year. Turbo tax is so simple and easy to use - anyone can do it with confidence that they are getting all the breaks and benefits allowed in preparing a return whether state or federal.
I filed for an extension last year through Turbo Tax. when I filed the return, it did not include the fee for filing late so it was a small surprise to get bills from both the State and Feds. In this instance, the amount owed was nominal but in another case things could have been different. Would be good for the software to include late fees/interest/penalties or at least to warn you to check with State and Feds regarding this.
Ramin L.
Verified reviewer
Financial Services, 1,001-5,000 employees
Used other for 2+ years
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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.
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.
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.
Neha T.
Verified reviewer
Management Consulting, 10,001+ employees
Used daily for 1-2 years
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Turbo Tax is one of the easiest tax programs to use. It stands out for how easy it is to use and its intuitive design and flow. It has a free filing option available, but if one want to take advantage of deduction & credits, one need to pay for it. The software lets you import W-2’s as well as your previous year’s return. Turbo Tax also has good tools for finding errors in your return. It runs a complete final check over both state and federal returns to look for errors and see if there are any deductions or credits you missed.
It’s most expensive software when compared with others. Free version of this is only viable for simple returns. Filing a regular 1040 will need to go with one of the paid versions.
JAZZMEN M.
Design, self-employed
Used daily for 2+ years
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My overall experience was phenomenal i couldn't of asked for a better tax company to handle my finances.
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.
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.
Anonymous Reviewer
Verified reviewer
Leisure, Travel & Tourism, 51-200 employees
Used other for 2+ years
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I have been using TurboTax to file my own taxes for about 4 years now. It's consistently getting better and easier to use. My personal information auto-populates from last year and I can import my W-2's easily. It takes me about an hour to file my taxes, quick and easy. I do not have a very complicated tax return but I always feel confident that TurboTax has asked me enough questions to make sure I am getting the maximum return back.
They charge you more to auto-populate your personal info from last year. I had a question about why I did not qualify for a tax credit this year, none of the help buttons or articles were giving me a clear enough answer. I wanted to speak to a customer service rep in person and I scheduled for them to call me but never received a phone call. When I called I had to go thru the usual automated answer/waiting on hold deal. Defeats the purpose of having a no wait option to request a phone call.
Yonatan T.
Accounting, 11-50 employees
Used daily for 6-12 months
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Totally love it. It really is more thorough than required.
The solitary thing that would improve this product is somewhat more capacity to tweak announcing.
Private alcove announcing could be somewhat more adaptable. Nonetheless, it is a minor issue in the general execution.
Anonymous Reviewer
Verified reviewer
Computer Software, 10,001+ employees
Used other for 2+ years
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I'm so glad that I switched to TurboTax many years ago, I can't imagine using anything else at this point.
Integration with third party entities like banks and stock trading firms makes it incredibly easy to input data without a lot of manual intervention.
The artificial intelligence could use some improvement where it thinks that you want to do a particular task, but it's not always accurate.
diandra d.
Education Management, 5,001-10,000 employees
Used other for 2+ years
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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.
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.
Anonymous Reviewer
Verified reviewer
Printing, 1-10 employees
Used other for 2+ years
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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
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.