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Tax Preparation

TurboTax Business 2007 [OLD VERSION]

TurboTax Business 2007 [OLD VERSION]
From: Intuit

List Price: $99.95
Buy New: $79.95
You Save: $20.00 (20%)



New (4) Used (2) from $76.68

Rating: 3.5 out of 5 stars 29 reviews
Sales Rank: 1347

Format: Cd-rom
Platforms: Windows Xp, Windows Vista, Windows 2000
Media: CD-ROM
Batteries Included: No
Operating System: Windows Vista
Shipping Weight (lbs): 0
Dimensions (in): 0 x 0.1 x 0

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

Release Date: November 16, 2007
Shipping: Eligible for Super Saver Shipping
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 29



2 out of 5 stars Warning: QuickBooks Upgrade Required!   January 29, 2008
Terry Allen-Rouman (San Francisco, CA USA)
9 out of 9 found this review helpful

I like the TurboTax products, but find it very self-serving and frustrating that Intuit keeps requiring us to upgrade QuickBooks in order to use TurboTax. This year's TurboTax Business will only import data from QuickBooks 2006 or newer. We're thoroughly happy with QuickBooks 2005 and have no business reason to upgrade. The only reason we need to pay Intuit another $150+ is so we can import our data into the new TurboTax. Ugh!! So just beware - if you have an older version of QuickBooks, this product is ultimately much more expensive than its list price.


1 out of 5 stars Waste of Time and Money   March 25, 2008
Angel (NC)
9 out of 9 found this review helpful

Do not bother with this product. Why?

1) If you don't have a fairly current version of QuickBooks, then you can't import your data into TurboTax. I'm not about to spend the crazy $$ to upgrade my QuickBooks, which works just fine for me, just so that I can import data into TurboTax.

2) Without importing, you will spend an unacceptable amount of time entering data, espeically depreciable asset information. If you understand accounting enough to manage depreciable assets and enter it into the program, then you understand it enough to fill out your tax forms (1065, 1120S, etc) by hand.

3) At the end of the day, without the ability to import, the program is just walking you through the form and asking for the information. You can download the Acrobat web fill-in forms from the IRS website and do the same thing there. The few checks that TurboTax performs aren't worth the trouble to use it. Besides, if you're using any sort of accounting software, those checks are already built in. For instance, does your balance sheet balance? If you're using accounting software, you'll already know that.

4) They want even more money to download the state version? Are you kidding me?

5) Of course, this software doesn't include personal income tax prep, so you have to pay even more for that!

My advice... buy the Home & Business version, use that to prepare W-2/1099s if you need them for your business, and use it for your personal tax return. If you are adept at accounting, and you run a small business as a partnership, LLC, or S-corp, prepare the business return by hand. If you're not comfortable doing that, then you probably should be paying someone to handle your accounting/returns. Unlike the personal versions, TurboTax Business isn't going to walk you through what you need to know at the level you need to know it.



5 out of 5 stars Great Product - Accurate,   January 18, 2008
Barb Library Director (Iowa)
7 out of 7 found this review helpful

I have been using this product for at least 15 years. I had a bad experience with a CPA - they forgot to take some depreciation on my tax returns and cost me a few thousand dollars. I had to find the error, and they did an amended tax return. They charged $2000 and did it wrong! I began doing my own corporate returns after that manually. Then I found Turbo Tax for Business. I actually enjoy doing my tax returns now. I have never had a problem with IRS either. I can do my tax return in half of a day and get a very professional looking return. I love Turbo Tax! It gives me all of the forms I need, double checks my entries, lets me know if the balance sheet is out of balance, and won't let me finish until I find and fix my errors. Great Product.


5 out of 5 stars Tony's Music Box   December 22, 2007
Slammer (Shreveport, LA)
3 out of 17 found this review helpful

Received excellent service on my product delivery and selection. Received the product within the specified delivery date in the condition stated on the advertisement. I recommend this service to anyone wishing to purchase this product or any products offered by this merchant.


5 out of 5 stars Very easy to use - but you can get it for free   January 31, 2008
Jude (NJ)
3 out of 3 found this review helpful

I used the business edition for the fist time this year. It worked very good, no problems doing the returns for S Corp. Intuit is giving away the 2007 Federal prep software for free via download. Save your money to buy the state add-on for $50. I'm sure this promo is just to hook people for next year, but they got me.


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