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Tax Preparation

TurboTax Business 2007

TurboTax Business 2007
From: Intuit

List Price: $99.95
Buy New: $49.99
You Save: $49.96 (50%)



New (5) from $49.99

Rating: 3.5 out of 5 stars 29 reviews
Sales Rank: 313

Format: Cd-rom
Platforms: Windows Xp, Windows Vista, Windows 2000
Media: CD-ROM
Batteries Included: No
Operating System: Windows XP
Shipping Weight (lbs): 0
Dimensions (in): 7.4 x 5.3 x 1.2

MPN: 404212
UPC: 028287419049
EAN: 0028287419049
ASIN: B000W3T6QE

Release Date: November 16, 2007
Availability: Usually ships in 1-2 business days

Features:
  • Includes everything you need to maximize your business income taxes
  • Expanded interview guides you step-by-step through your return to help maximize business expenses, vehicle deductions, depreciation and more
  • Creates W-2 and 1099-MISC forms for your employees and contractors
  • Shows you your maximum depreciation method
  • Includes over 60 categories of business deductions

Similar Items:

  • TurboTax Deluxe Federal + State 2007
  • TurboTax Business 2006 Corporations and Partnerships [OLDER VERSION]
  • QuickBooks Pro 2008
  • TurboTax Basic 2007
  • TurboTax Deluxe Federal 2007

Editorial Reviews:

Amazon.com
TurboTax Business 2007 helps your business finish all the necessary federal forms, including the 1120S ("S" corporations), 1065 (partnerships/LLCs) and 1120 ("C" corporations). You can also prepare your K1, W-2, and 1099 for your employees, as well as find over 60 categories for deductions to help get your maximum refund. File as many forms as you need, there's no limit. And with a 100% accuracy guarantee and specialized help should your business be audited, TurboTax Business 2007 has you covered.

Get More Out of Your Investments
Whether you own stocks, bonds, mutual funds, rental property, or all of the above, TurboTax Business helps you get your maximum refund - guaranteed.

Get Your Maximum Refund - Guaranteed

Answer Easy Questions
TurboTax Business asks easy questions based on your business profile. Then we put your answers on the right forms for you.

Maximize Your Deductions
From Web sites and sponsorships to staples and coffee, TurboTax Business helps you qualify for more than 60 categories of deductions.

Reduce Your Risk of Audit
TurboTax Business checks your return for errors and shows you how to reduce your risk of audit.

IMPROVED! Enter Your Business Income
All your sources of business income are now more easily entered and tracked.

Quickly Enter Business Expenses
Detailed records or not, TurboTax Business makes reporting expenses easy. We'll guide you with customized questions. Or you can enter your expenses on one screen, line by line.

INCLUDED. Easily Prepare K1, W-2, and 1099 Forms
TurboTax Business helps you prepare unlimited forms for partners, employees and contractors. We do the math, so it's 100% accurate - guaranteed.

Prepare taxes for one or multiple business - there's no limit.

Import from Quicken , QuickBooks , and Microsoft Money
TurboTax Business imports information from your financial software, so you can skip the cut and paste this year.

Maximize Your Deductions

Get More from Your Cars
Offset your gas costs. We'll automatically use the reporting method - actual expenses or standard mileage - that gets your business the deduction it deserves.

Maximize Your Equipment Deduction
Should you deduct equipment in one swoop or claim depreciation? When the IRS allows both, we use the approach that's most valuable to your business.

Discover Your Most Profitable Depreciation Method
TurboTax Business walks you through reporting depreciation of business assets. We even show which depreciation method will get you the biggest deduction.

View Deductions by Industry
Know what your competition deducts? TurboTax Business lists tax write-offs by industry so you don't miss out on money you're entitled to.

Reduce Your Risk of Audit

TurboTax Business double-checks your return for accuracy and completeness and helps you fix any errors before the IRS spots them. We arm you with proof for your claims and help protect you from IRS penalties.

NEW - Easily Handle an IRS Audit
Should the IRS contact you, TurboTax will explain your risk (or lack thereof) and show you how best to respond.

Accurate Calculations
We do the math and put 100% accurate figures on your tax forms - guaranteed.

Product Description
TurboTax Business 2007 can help simplify the complex process of filing your business taxes. It guides you through your return step-by-step so you can quickly file your taxes and receive an even faster refund. Youwon't have to struggle with confusing tax laws or directions-- Business 2007 does it all for you by asking easy-to-understand questions in plain English and then placing your answers onto IRS-approved forms. To ensure complete accuracy, it then double-checks your return for errors and even flags potential audit risks.If your business is a corporation or partnership/LLC, and earns up to 250,000 dollars a year, TurboTax Business is ideal for preparing and filing your business income taxes. This easy-to-use software prepares Forms 1120S ("S" corporations), 1065 (partnerships/LLCs) and 1120 ("C" corporations) while also working for estates and trusts. Import options make it a snap to retrieve and access the data you need from other business programs like Quickbooks Two-tier format shows you high-level tax topics and the specifics that relate to each topic


Customer Reviews:   Read 24 more reviews...

5 out of 5 stars Turbo Tax Business   November 26, 2007
KellyChels (Tucson, az)
13 out of 25 found this review helpful

This product only runs on Windows machines. There is no Business product for the Mac.


4 out of 5 stars TurboTax Business 2007   December 29, 2007
Evelyn Thompson
11 out of 13 found this review helpful

TurboTax Business 2007 is as good as always. I use this every year to do two partnership returns. The program notices any minor correction needed and does an alert. It makes it so much easier to print out the return for every partner. Updates are needed before finishing the return. I am glad this business program is out so soon. It aids in getting a head start on tax time.


4 out of 5 stars business taxes   December 30, 2007
G. Besselman (MACEDONIA, OHIO United States)
9 out of 9 found this review helpful

the overall program is great but each year intuit who makes turbo tax has some problem or another. This year it seems to be getting updates past the microsoft security patches. They have come up with some strange remedy for it using a manual down and you have to order the updates on CD in January.


1 out of 5 stars TurboTax Business   January 18, 2008
W. McCarty
9 out of 17 found this review helpful

I bought this product for the 1st time this year. I have called the support lines three times trying to download the state forms and only on the 3rd time was I told that it would cost an additional $49.95 to do the download. I already paid $84.99 for the product. I have a really small partnership business and the expenses are eating up the profit. I am hearing impaired and all three customer support personell spoke with a very distintive Indian accent that is hard to understand in and of itself, let alone being hearing impaired. I am very unhappy with the product and service received.


5 out of 5 stars Decent, same as always   January 15, 2008
Jim B (New Mexico)
8 out of 8 found this review helpful

I purchased this for my S Corporation, and it works fine, I have used previous versions of TTB 2007 for several years. It beats having to shell out $600+ for a professional, and I end up doing about the same amount of work. It imported the 2006 return fine. I would recommend it for a small to medium size business. The only thing that is difficult is manually accessing and filling forms, but it can be done. The interview is automatic, and great for simple businesses.


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