What tax software is best for a sole proprietor?

What tax software is best for a sole proprietor?
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1 Answer

Answer :

Simple tax software is best for a sole proprietor. Programs such as Tax Act, Tax Cut, and H&R block will work just fine.
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Related questions

The Tax Forms Needed by a Sole Proprietor?

Description : The Tax Forms Needed by a Sole Proprietor?

Last Answer : The simplest small business is called the Sole Proprietorship and is a company with one person named as its owner. A company can qualify as a Sole Proprietorship if the number of people in its employ does ... 70 percent of the small businesses will be filing tax forms 1040 and Schedule C or C-EZ.

The term professional accountant in public practice includes the following, except: a. A sole proprietor providing professional services to a client. b. Each partner or person occupying a position similar to that of a partner staff in a practice providing professional services to a client. c. Professional accountants employed in the public sector having managerial responsibilities. d. A firm of professional accountants in public practice

Description : The term professional accountant in public practice includes the following, except: a. A sole proprietor providing professional services to a client. b. Each partner or person occupying a ... public sector having managerial responsibilities. d. A firm of professional accountants in public practice

Last Answer : Professional accountants employed in the public sector having managerial responsibilities

Existing accountant, as defined in the Code of Ethics, means a. A professional accountant employed in industry, commerce, the public sector or education. b. Those persons who hold a valid certificate issued by the Board of Accountancy. c. A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client. d. A sole proprietor, or each partner or person occupying a position similar to that of a partner and each staff in a practice providing professional services

Description : Existing accountant, as defined in the Code of Ethics, means a. A professional accountant employed in industry, commerce, the public sector or education. b. Those persons who hold a valid ... a position similar to that of a partner and each staff in a practice providing professional services

Last Answer : A professional accountant in public practice currently holding an audit appointment or carrying out accounting, taxation, consulting or similar professional services for a client.

A partner surviving the death or withdrawal of all the other partners in a partnership may continue to practice under the partnership name for a period of not more than ___ years after becoming a sole proprietor. a. 1 b. 2 c. 3 d. 4

Description : A partner surviving the death or withdrawal of all the other partners in a partnership may continue to practice under the partnership name for a period of not more than ___ years after becoming a sole proprietor. a. 1 b. 2 c. 3 d. 4

Last Answer : 2

what was The Proprietor, which published books, maps, etc in New England in the early 1800's?

Description : what was The Proprietor, which published books, maps, etc in New England in the early 1800's?

Last Answer : I believe (though not 100% certain) that the “proprietor” refers to the owners of the book selling establishment where the book was sold. I’d love to have a definitive answer on this too, though my Googling hasn’t turned one up.

What is the meaning of the word Proprietor ?

Description : What is the meaning of the word Proprietor ?

Last Answer : Proprietor means owner.

What are the names of some domain , hosting proprietor companies in Bangladesh ?

Description : What are the names of some domain , hosting proprietor companies in Bangladesh ?

Last Answer : : Some of the domain , hosting proprietor companies in Bangladesh are: Dinahost , Themes Market , OrangeBD , Dig Bazar etc.

(i) Excess of opening capital over closing capital of proprietor under single entry system.

Description : (i) Excess of opening capital over closing capital of proprietor under single entry system.

Last Answer : Write a word, term, or phrase which can substitute each of the following statements : (i) ... (v) The incomplete method of the accounting system.

The goods taken by the proprietor from the shop is debited to– (A) Shop account (B) Goods account (C) Capital account (D) Drawings accounts

Description : The goods taken by the proprietor from the shop is debited to– (A) Shop account (B) Goods account (C) Capital account (D) Drawings accounts

Last Answer : Answer: Drawings accounts

A person who owes money to the business is called 1. creditor 2. proprietor 3. debtor 4. both 1 and 2 5. None of these

Description : A person who owes money to the business is called 1. creditor 2. proprietor 3. debtor 4. both 1 and 2 5. None of these

Last Answer : debtor

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

According to which concept, the proprietor pays interest on drawings a) Accrual concept b) Conservatism concept c) Entity concept d) Dual Aspect concept

Description : According to which concept, the proprietor pays interest on drawings a) Accrual concept b) Conservatism concept c) Entity concept d) Dual Aspect concept

Last Answer : c) Entity concept

Value of goods withdrawn by the proprietor for his personal use should be credited to ____ a) Capital A/c b) Sales A/c c) Drawings A/c d) Purchases A/c

Description : Value of goods withdrawn by the proprietor for his personal use should be credited to ____ a) Capital A/c b) Sales A/c c) Drawings A/c d) Purchases A/c

Last Answer : d) Purchases A/c

Change in the capital A/c of proprietor may occur due to ______ a) Profit earned b) Loss incurred c) Capital Introduced d)All of theabove

Description : Change in the capital A/c of proprietor may occur due to ______ a) Profit earned b) Loss incurred c) Capital Introduced d)All of theabove

Last Answer : d)All of theabove

The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Description : The proprietor of the business is treated as creditor for the capital introduced by him due to_____ concept. a) Money measurement b) Cost c) Entity d) Dual aspect

Last Answer : c) Entity

Goods withdrawn by the proprietor for his personal use are A. Shown as a deduction from the purchases B. Shown as a deduction from the sales C. Treated as sales at cost price D. Added to the purchases

Description : Goods withdrawn by the proprietor for his personal use are A. Shown as a deduction from the purchases B. Shown as a deduction from the sales C. Treated as sales at cost price D. Added to the purchases

Last Answer : A. Shown as a deduction from the purchases

You are the sole recipient of 800 million dollars, how will your life change?

Description : You are the sole recipient of 800 million dollars, how will your life change?

Last Answer : answer:My family could get the dental work they need. I could pay off my student loans as well as my sons. I could grocery shop without counting every penny I spend. I could get the muffler fixed on our ... over $10k. I'd have such a weight lifted off my shoulders I wouldn't know what to do next.

How best to repair the separated sole of a running shoe?

Description : How best to repair the separated sole of a running shoe?

Last Answer : Shoe Goo.

Has anyone ever heard of a person getting cancer on the palms of your hand or the sole of you feet?

Description : Has anyone ever heard of a person getting cancer on the palms of your hand or the sole of you feet?

Last Answer : answer:I did the research for feet, including soles. (I'll let you do the same for hands, since I am busy.) Be sure to look at the soles of your feet and between your toes and have someone ... to find lesions that you may be unaware of. Source (Melanoma can appear on the palms also, it seems.)

Business question: When you buy into a business and become a partner, are you also buying the previous expenses/losses of the sole owner?

Description : Business question: When you buy into a business and become a partner, are you also buying the previous expenses/losses of the sole owner?

Last Answer : Your friend NEEDS a lawyer. That will make due diligence a lot easier.

Adventurous jellies, if given one billion dollars for the sole purpose of discovering the truth about any old mystery, which mystery will you choose?

Description : Adventurous jellies, if given one billion dollars for the sole purpose of discovering the truth about any old mystery, which mystery will you choose?

Last Answer : Dunno, does cold fusion count?

Should i allow my exwife to have sole custody of my kids?

Description : Should i allow my exwife to have sole custody of my kids?

Last Answer : I suppose you can allow it as long as she agrees in court to let them go visit and anything else you might want with the kids. All I would really know.

My best friend truly hates his mother and wants to emancipate her (not his dad though) or he wants his dad to have sole custody of him (they are not divorced) can this happen?

Description : My best friend truly hates his mother and wants to emancipate her (not his dad though) or he wants his dad to have sole custody of him (they are not divorced) can this happen?

Last Answer : ask-public is a site for solutions, if you don’t have one don’t post a answer, and it says in the description that the relationship won’t work so i don’t think hes going to “get over it”

What is Dover Sole?

Description : What is Dover Sole?

Last Answer : Dover comes from the name of a fish. Sole fish is a flat fish with a very rough skin and Dover sole is one of the varieties. It takes its name from Dover, England where it is found... and it is much more popular there (Europe in general, too) than in other places.

My little circle of friends here, getting bumped off one-by-one, reminds me of Agatha Christie's famous murder mystery 'Ten Little Indians', where a small group of people are knocked off, one at a time, until only the killer and one person is left. The main difference is that in Christie's novel, the last survivor was to die by hanging, but in my situation, the sole survivor will be given 'The Chair'! Should this person call the police? Is there a life-and-death scenario going on here, or is everyone's safety assured? What exactly is happening? -Riddles

Description : My little circle of friends here, getting bumped off one-by-one, reminds me of Agatha Christie's famous murder mystery 'Ten Little Indians', where a small group of people are knocked off, one ... and-death scenario going on here, or is everyone's safety assured? What exactly is happening? -Riddles

Last Answer : The person, along with a small group of their friends, is engaged in a game of Musical Chairs. 'The Chair' is always reserved for the last person left.

My first is appropriate, my second ’tis nine to one if you guess it. My whole elevates the sole above the earth. What am I? -Riddles

Description : My first is appropriate, my second ’tis nine to one if you guess it. My whole elevates the sole above the earth. What am I? -Riddles

Last Answer : Pat-ten.

Soldiers line up spaced with pride, Two long rows lined side by side. One sole unit can decide, If the rows will unite or divide. Tell me, tell me, scream it out. What's the thing I talk about? -Riddles

Description : Soldiers line up spaced with pride, Two long rows lined side by side. One sole unit can decide, If the rows will unite or divide. Tell me, tell me, scream it out. What's the thing I talk about? -Riddles

Last Answer : A zipper.

whose sole function is to provide humanitarian aid around the world? -General Knowledge

Description : whose sole function is to provide humanitarian aid around the world? -General Knowledge

Last Answer : This answer was deleted by our moderators...

Which, ancient' Indian King claimed ekarat (the sole sovereign) or the first Imperial ruler of India? -Do You Know?

Description : Which, ancient' Indian King claimed ekarat (the sole sovereign) or the first Imperial ruler of India? -Do You Know?

Last Answer : answer:

Why is a sole proprietorship called the business world ? Explain ?

Description : Why is a sole proprietorship called the business world ? Explain ?

Last Answer : Answer : The sole proprietorship organization is called the patron saint of the business world. In ancient times the system of production was family oriented. The family members used to produce in ... the oldest business organization in the world, it is called the mentor of the business world.

Which bank has the sole right to issue currency in the country ?

Description : Which bank has the sole right to issue currency in the country ?

Last Answer : The central bank has the sole right to issue currency.

Who is a sole propertorship?

Description : Who is a sole propertorship?

Last Answer : A sole proprietorship is the simplest and most common structure chosen to start a business. It is an unincorporated business owned and run by one individual with no distinction between the business and you, the owner.

Is there a glue or something that will fix a shoe with a sole that is coming loose?

Description : Is there a glue or something that will fix a shoe with a sole that is coming loose?

Last Answer : Yes, Glue fix your shoe. Soles are often the first part of a shoe to wear out. Repairing the sole can be a easy way to make your shoe good as new. You can replace worn out soles or fixed holes ... the sole to the shoe using rubber bands, duct tape or weight. Wait 24 hour before using the shoe again.

What is Sole Trading’s concern?

Description : What is Sole Trading’s concern?

Last Answer : What is Sole Trading’s concern?

Match the pairs : Group ‘A’ (a) Sole Trading Concern

Description : Match the pairs : Group ‘A’ (a) Sole Trading Concern

Last Answer : Match the pairs : Group A' Group B' (a) Sole Trading Concern (1) Hindu ... incorporated outside India (10) Company incorporated within India

How much does a lemon sole weigh?

Description : How much does a lemon sole weigh?

Last Answer : An adult lemon sole can weigh up to 3kg.

What country did the treaty of Versailles brought an end to world war 1 and placed sole responsibility for the war?

Description : What country did the treaty of Versailles brought an end to world war 1 and placed sole responsibility for the war?

Last Answer : Germany in the "war guilt" clause.

Can I get a payday advance if I am disabled and my sole source of income is Social Security Disability?

Description : Can I get a payday advance if I am disabled and my sole source of income is Social Security Disability?

Last Answer : “Can I get a payday advance if I am disabled and my sole source of income is Social Security Disability?”

What forms must I typically file with state and local officials if I am starting a business that will simply be a sole proprietorship and not a corporate entity?

Description : What forms must I typically file with state and local officials if I am starting a business that will simply be a sole proprietorship and not a corporate entity?

Last Answer : For a sole proprietorship you do not need to file any paperwork or forms to state and local government.

What high-end brand of women's footwear has a trademark red sole?

Description : What high-end brand of women's footwear has a trademark red sole?

Last Answer : Louboutin is the high-end shoe with a red sole. The designer Christian Louboutin started this red sole trademark in France in 1991.

my sister who has 4 kids only the last 3 are her boyfriend who she been with for 11yrs they now live in a drug/prositution environment, texas cps never do anything how can i try to get sole custody of the kids?

Description : my sister who has 4 kids only the last 3 are her boyfriend who she been with for 11yrs they now live in a drug/prositution environment, texas cps never do anything how can i try to get sole custody of the kids?

Last Answer : good luck. my the state of tx would not let me adopt my grandkids or visit because they have more rights to them then family. Your first step would be to establish a relationship with the children. Offer to ... living with you and she is unable to care for them. Use this as a basis to seek custody.

What is a sole elliptical machine?

Description : What is a sole elliptical machine?

Last Answer : The sole elliptical machine combines both natural human movement and exercise to simulate the pattern your foot travels. The Sole E35 cross trainer has received a "Best Buy" award for two consecutive years.

How much does a sole elliptical motor cost?

Description : How much does a sole elliptical motor cost?

Last Answer : To replace the motor for your sole elliptical, will probably cost several hundred dollars. I think you would be better off buying a new sole elliptical machine.

Business Setup - Sole Proprietorship, Partnership or Corporation?

Description : Business Setup - Sole Proprietorship, Partnership or Corporation?

Last Answer : When starting a small business, one of the very first things you need to decide is the type of business setup you want to have. The 3 basic types of business setups are a sole ... responsible for the actions of a business while a corporation protects the shareholders from any personal liability.

What of the following is not a likely sole proprietorship business?

Description : What of the following is not a likely sole proprietorship business?

Last Answer : auto manufacturing plant A+

“Relative land area under sole crop required to produce the same yield as obtained under a mixed or intercropping system at the same level of management is termed as

Description : “Relative land area under sole crop required to produce the same yield as obtained under a mixed or intercropping system at the same level of management is termed as

Last Answer : Ans.Land equivalent ratio (LER)

The repetitive growing of the same sole crop on the same land is termed as

Description : The repetitive growing of the same sole crop on the same land is termed as

Last Answer : Ans.Monoculture

Which of the following statement(s) is/are true concerning the relationship between cardiac function and effective blood volume? a. A pulmonary capillary wedge pressure of 5–10 rules out fluid overload as a cause of pulmonary edema b. A shift to the right in the Frank-Starling curve is associated with compromised cardiac function c. Dilutional anemia may contribute to tachycardia even though blood volume and filling pressures are normal d. The sole purpose of a pulmonary artery catheter is to measure pulmonary artery pressure and cardiac output

Description : Which of the following statement(s) is/are true concerning the relationship between cardiac function and effective blood volume? a. A pulmonary capillary wedge pressure of 5-10 rules out ... sole purpose of a pulmonary artery catheter is to measure pulmonary artery pressure and cardiac output

Last Answer : Answer: b, c Although physical findings are often adequate to establish a diagnosis and institute management of cardiac failure, direct measurement of filling pressures of the right heart ( ... blood volume is normal, filling pressures are normal, and total body extracellular fluid is excessive

A 32-year-old man suffers a spinal cord injury with a resultant paraplegia in a motorcycle accident. He presents to the emergency room with hypotension. Which of the following statement(s) is/are true concerning his diagnosis and management? a. The low blood pressure can be assumed to be due to neurogenic shock b. The sole cause of hypotension is the loss of sympathetic input to the venous system c. Despite significant hypotension, secondary organ injury will be uncommon d. There is no role for pharmacologic intervention to maintain blood pressure

Description : A 32-year-old man suffers a spinal cord injury with a resultant paraplegia in a motorcycle accident. He presents to the emergency room with hypotension. Which of the following statement(s) is/ ... injury will be uncommon d. There is no role for pharmacologic intervention to maintain blood pressure

Last Answer : Answer: c Neurogenic shock results from interruption of sympathetic vasomotor input and develops after spinal cord injury, spinal anesthesia, and severe head injury. Under normal conditions, baseline ... the cause is not neurogenic and search for occult blood loss or cardiogenic causes of shock