I am a small business owner. Is the corporate tax return version of Turbo Tax good for small business owners?

I am a small business owner. Is the corporate tax return version of Turbo Tax good for small business owners?
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Answer :

Yes, the TurboTax corporate version is good and also easy to use. It walks you through everything you need to consider as a small business owner.
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Related questions

According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view? A. Property rights are restricted when they conflict with the basic rules of society as embodied in law and custom. B. The connection between ownership and control that exists for personal property does not legally exist for corporate property. C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Description : According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing ... . Stockholders in publicly traded corporations are better understood as investors rather than owners.

Last Answer : C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

I run a small corporation, do I have to file a corporate tax return?

Description : I run a small corporation, do I have to file a corporate tax return?

Last Answer : Corporations must file Federal tax returns every year, regardless of income or loss. The same is true in most states.

Which tax software is best for small business owners?

Description : Which tax software is best for small business owners?

Last Answer : The best way to file clients taxes on the computers and to send it to the IRS is the irs.gov website. It allow you to file your taxes and do all the work for you.

What are some small business tax information a business owner should know before filing?

Description : What are some small business tax information a business owner should know before filing?

Last Answer : You can go to the following website to find all of the tax information you need to know for a small business: http://www.irs.gov/businesses/small/. They have a lot of useful information.

Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. To comply with the regulations of the Accounting Standards Council. b. To emphasize auditor independence from the management of the corporation. c. To encourage a policy of rotation of the independent auditors. d. To provide the corporate owners with an opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Description : Which of the following best describes why publicly-traded corporations follow the practice of having the outside auditor appointed by the board of directors or elected by the stockholders? a. ... opportunity to voice their opinion concerning the quality of the auditing firm selected by the director

Last Answer : To emphasize auditor independence from the management of the corporation

I am looking for the best computer for small business owners?

Description : I am looking for the best computer for small business owners?

Last Answer : The best conmputer for small businesses would be the Lenovo Thinkpad. You can get discounts on multiple computers on eBay.com.

What tax return forms are required for a small business?

Description : What tax return forms are required for a small business?

Last Answer : There are several tax forms that a small business needs to fill out. To find out the most information about them, check out www.irs.gov/businesses/corporations/index.html.

If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

Description : If I file taxes via Turbo Tax or go to H&R Block, how long will it take to get a refund?

Last Answer : answer:I just did mine through the TurboTax free edition. I got my w2 on 1/15, filed on 1/18. The IRS began processing refunds on 1 / 30. Mine cleared in my bank account on 2/8. They’re pretty damn quick. Direct deposit is the way to go.

Do i have to buy a new "turbo tax" every year? is it recomended to even use it?

Description : Do i have to buy a new "turbo tax" every year? is it recomended to even use it?

Last Answer : I’d recommend the online version of TurboTax instead. It’s cheaper, and does the job quite nicely.

Turbo Tax?

Description : Turbo Tax?

Last Answer : form_title= Turbo Tax form_header= Do your taxes with help from Turbo Tax. Did you use Turbo Tax last year?*= () Yes () No Do you have all of your tax information in once place?*= () Yes () No Are you filing both federal and state taxes?*= () Yes () No

Other than Turbo Tax what other IRS free tax filing services or software is there?

Description : Other than Turbo Tax what other IRS free tax filing services or software is there?

Last Answer : Other popular websites include TaxAct.com, HRBlock.com, FreeTaxUSA.com and many others. The IRS.gov/freefile website has a list of companies that offer free tax filing. There may be income and other restrictions as well as costs for state tax filings.

Is Turbo-Tax or Linux tax software better?

Description : Is Turbo-Tax or Linux tax software better?

Last Answer : Turbo Tax and Linux tax software both do your taxes very easily and with a good user friendly look. The best tax software to use though is Turbo Tax because it is superior to Linux.

What is the difference between a tax preparers software versus turbo tax?

Description : What is the difference between a tax preparers software versus turbo tax?

Last Answer : The main difference is that professionals who prepare taxes for people and charge a lot of money have a lot of experience and know what they are doing (supposedly). If someone tries to do their taxes themselves, they may not be aware of all the laws and regulations that go into filing taxes.

Do Turbo tax and H&R block have professional software versions?

Description : Do Turbo tax and H&R block have professional software versions?

Last Answer : H&R Block and turbo tax both offer online programs for filing taxes. While these are do it yourself programs both offer live customer support and 24hr help is available.

Is turbo tax a good program to use to help me file taxes online?

Description : Is turbo tax a good program to use to help me file taxes online?

Last Answer : There are many programs available online for filing taxes. Turbo tax and TaxACT both offer help when needed along with free tax software preparation. http://www.taxact.com/ http://turbotax.intuit.com/"

Accountants and small business owners can you give me some info on a SEP IRA?

Description : Accountants and small business owners can you give me some info on a SEP IRA?

Last Answer : Here’s the Nerd Wallet take on SEP IRA. Yes you have to contribute with certain rules.

What do you think of SBA Small Business Administration) and what services available to small business owners from the Small Business Administration.

Description : What do you think of SBA Small Business Administration) and what services available to small business owners from the Small Business Administration.

Last Answer : If you're looking to go into a very established, regulated, and formalized field, it can be a good resource to get a feel for what's expected. I think if you're trying to get into government ... initiative, but for most hands-on business owners I don't think they offer much targeted at that group.

Is it feasible for small business owners to receive a minimum wage for paying a higher wage to their employees?

Description : Is it feasible for small business owners to receive a minimum wage for paying a higher wage to their employees?

Last Answer : When times are bad in a business, some times the owners will take out no pay for a while.

For small business owners, freelancers, and finance managers in small enterprises, what financial data is important to have easy access to?

Description : For small business owners, freelancers, and finance managers in small enterprises, what financial data is important to have easy access to?

Last Answer : answer:Target market characteristics and then on the other site of the POS statistics of actual patron/client characteristics. Additionally, often the information you mentioned above doesn't truly capture volume ... that was product A and how many were product B. Does this answer your question?

Small business owners. What's with all these calls to update our listings?

Description : Small business owners. What's with all these calls to update our listings?

Last Answer : I have never received calls asking to “update info” on my business….And if I did…they scream Scam/fraud/spam and I wouldn’t give them anything.

Small business owners: How do you get paid quickly?

Description : Small business owners: How do you get paid quickly?

Last Answer : answer:I think this is helpful. It tracks how invoices request payments, and how quickly the payments, on average, actually come in. It seems that you're actually getting an average turnaround on your ... in order for you to even start about thinking of leaving your steady income job, I would say.

Small business owners- depositing checks with your business name- how exact must it be?

Description : Small business owners- depositing checks with your business name- how exact must it be?

Last Answer : It should be fine. Put the correct business name of your checks, though. Your best bet is to get a rubber stamp to use for the endorsement that includes the full business name and your bank account number. They only cost about $5.

Are there specific secured business credit cards for small business owners?

Description : Are there specific secured business credit cards for small business owners?

Last Answer : There are many institutions that offer secured business credit cards. This means that you are responsible for your own limits. Some of the better companies are Capital One, Visa and American Express.

Are there any cheap website hosting options for small business owners?

Description : Are there any cheap website hosting options for small business owners?

Last Answer : If you're small business owner i 100% guarantee you to check this. Blue Host is one of the world's largest Web Hosting companies & providers of online solutions. Bluehost is a top recommended host ... is the Link to Purchase: yazing. com/deals/bluehost/johnyb Remove the Space between Yazing. and com

How many small business owners use the erp solution?

Description : How many small business owners use the erp solution?

Last Answer : From my research, I would say that most small business owners use some aspects of the ERP (enterprise resource planning) system. Using one software program across all areas of a business makes good business sense.

Which action by congress required americans to return runaway slaves to their owners?

Description : Which action by congress required americans to return runaway slaves to their owners?

Last Answer : the fugitive slave law

What would be the best corporate structure for my small business?

Description : What would be the best corporate structure for my small business?

Last Answer : If you can understand these laws, about LLCs in Massachusetts, then you may be able to do the paperwork yourself. You and your heirs will be better served if you establish a working relationship with an ... may be able to recommend an attorney or two for you to consult with. Good Luck to you.

Is a small business owner in CA required to pay overtime to their employees?

Description : Is a small business owner in CA required to pay overtime to their employees?

Last Answer : Morally they should.

What are some ways for a small business owner to keep good track of taxes?

Description : What are some ways for a small business owner to keep good track of taxes?

Last Answer : the owner must have a good accountant who takes the accounting to him or if he has a good handling of internet he can access on line to his statements of account by means of the page of the service of tributary administration

What is the best window cleaner that a small business owner could use to keep his windows looking good?

Description : What is the best window cleaner that a small business owner could use to keep his windows looking good?

Last Answer : One of the best window cleaners that a small business owner can used for his windows would be fouund at any store such as Menards, Home Depot and hardware stores.

When franchising a small business, where are the lines drawn between owner and franchisee?

Description : When franchising a small business, where are the lines drawn between owner and franchisee?

Last Answer : The lines that are drawn between an owner and franchisee is the franchisee provides everything that is needed to really get the business going.The owner of the business is still the owner. When ... are provided. If a person feels they need extra help with their business a franchise offers support.

Ethics gut check: Found lotto ticket that wins, do you try to return it to the owner?

Description : Ethics gut check: Found lotto ticket that wins, do you try to return it to the owner?

Last Answer : I’d keep the money. And I don’t think I’d feel bad or something. Then probably I’d buy a new house for my mother, another house for me, and many gifts for my friends.

A sold a stolen car to B which was subsequently recovered by the police form B's possession and he (B) was forced to return the same to the true owner. Here, there is breach of implied condition as to A. Merchantability B. Fitness for buyer's purpose C. Title D. None of these

Description : A sold a stolen car to B which was subsequently recovered by the police form B's possession and he (B) was forced to return the same to the true owner. Here, there is breach of implied condition as to A. Merchantability B. Fitness for buyer's purpose C. Title D. None of these

Last Answer : C. Title

Where can I get help for my tax questions for completing my business taxes and getting the most return from them?

Description : Where can I get help for my tax questions for completing my business taxes and getting the most return from them?

Last Answer : You should seek the advice of a qualified CPA to get information on taxes. They will be able to provide you with advice and console on all tax issues.

How do I find the status of my business' tax return?

Description : How do I find the status of my business' tax return?

Last Answer : You should be able to check with your CPA to find out the status, but if not you can check with the IRS to find the status of your business tax return. You can visit www.irs.gov

Why do we have to an inheritance tax when the previous owners paid taxes on them when they purchased them?

Description : Why do we have to an inheritance tax when the previous owners paid taxes on them when they purchased them?

Last Answer : Inheritance taxes and property taxes are entirely separate issues. Regardless of whether or not we agree with taxes you still have to abide by them. I personally don't agree with the scope of inheritance taxes, however the government considers an inheritance taxable income.

I am looking for: Maybelline Volum' Express Turbo Boost Washable Mascara 7X Volume 251 Very Black Can you locate for me Thanks. Susan?

Description : I am looking for: Maybelline Volum' Express Turbo Boost Washable Mascara 7X Volume 251 Very Black Can you locate for me Thanks. Susan?

Last Answer : You can purchase the Maybelline mascara at the Drugstore.com website.

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.

Would a tax exemption on cash earned by US corporations from overseas operations create US jobs, or just richer corporate jet setters?

Description : Would a tax exemption on cash earned by US corporations from overseas operations create US jobs, or just richer corporate jet setters?

Last Answer : If you read the whole article, the last time such funds were allowed to be brought into the US under a tax holiday, it had really no effect on the economy. It did not create jobs.

Corporate tax rate.

Description : I would like to know what the corporate tax rate is in 2016 in Hungary.

Last Answer : The corporate tax rate is 10% up to the amount of the positive tax base not exceeding HUF 500 million. Corporate tax is 19% on the part exceeding HUF 500 million. You may not have to pay that much, because the amount of tax you pay may vary due to different tax benefits.

Are there stories about people cheating on their corporate tax returns?

Description : Are there stories about people cheating on their corporate tax returns?

Last Answer : Are you kidding? There are tons of stories. When I worked at the IRS as a teenager during tax season I worked in the fraud department. People would invent phantom employees, take deductions that they are not entitled to and try and pay employees under the table to lessen their tax burden.

What is the easiest corporate income tax software?

Description : What is the easiest corporate income tax software?

Last Answer : The easiest option to file corporate income taxes is to get a program like Turbo Tax. You could also use Tax Act, or just have them done professionally.

While auditing the financial statements of non-corporate enterprises, the auditor’s duties and scope of work would be governed by– (A) the statute passed by the Parliament (B) the Companies Act, 1956, and the client concerned jointly (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961

Description : While auditing the financial statements of non-corporate enterprises, the auditor's duties and scope of work would be governed by- (A) the statute passed by the Parliament (B) the Companies Act, 1956, and ... (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961

Last Answer : Answer: the agreement with his client.

Corporation tax is a tax imposed on - (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Description : Corporation tax is a tax imposed on - (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : (1) the net incomes of the companies Explanation: Corporate Tax is a levy placed on the profit of a firm, with different rates used for different levels of profits. Corporate taxes are ... taxable period. Most countries tax all corporations doing business in the country on income from that country.

Personal Income' equals - (1) The household sector's in-come (2) Private income minus savings of the corporate sector minus corporation tax (3) Personal disposable income plus miscellaneous receipts of the Goverment (4) All of the above

Description : Personal Income' equals - (1) The household sector's in-come (2) Private income minus savings of the corporate sector minus corporation tax (3) Personal disposable income plus miscellaneous receipts of the Goverment (4) All of the above

Last Answer : (3) Personal disposable income plus miscellaneous receipts of the Goverment Explanation: Disposable income is total personal income minus personal current taxes (or plus receipts of the government). ... category of personal (or, private) consumption expenditure) yields personal (or, private) savings

Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of WACC, weight assigned to the preferred stock is based on the coupon rate multiplied by the par value of the stock. c) A firm's WACC will decrease as the corporate tax rate decreases. d) The weight of the common stock used in the computation of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Description : Which one of the following statements is correct concerning the weighted average cost of capital (WACC)? a) The WACC may decrease as a firm's debt-equity ratio increases. b) In the computation of ... of the WACC is based on the number of shares outstanding multiplied by the book value per share.

Last Answer : a) The WACC may decrease as a firm's debt-equity ratio increases.

Corporate dividend tax is _______ A. Computed on Net profit B. Computed on Share Capital C. Computed on Goss Profit D. Computed on Dividend paid

Description : Corporate dividend tax is _______ A. Computed on Net profit B. Computed on Share Capital C. Computed on Goss Profit D. Computed on Dividend paid

Last Answer : D. Computed on Dividend paid

Net income approach assume a. no change in risk b. no corporate tax c. both a & b d. none of the above

Description : Net income approach assume a. no change in risk b. no corporate tax c. both a & b d. none of the above

Last Answer : Answer: c

Corporation tax is a tax imposed on (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Description : Corporation tax is a tax imposed on (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : the net incomes of the companies