Is using Turbo Tax a good idea?
115485
i have been using turbo tax since the start. before that used software designed for CPA preparers. turbo tax is excellent, especially for newbies at doing taxes.
208814
Go to Turbotax online. You can complete the rather lengthy and very thorough questionaire and do not need to pay a penny or even give them a credit card number until you are ready to file.
114009
The short answer is no.\n\nTry Taxact.com.  It is free for everyone, regardless of income.
103681
I have found the following website to be low cost & useful for a standard w2, in my experience:\n\nhttp://www.taxslayer.com
743786
I faced that same situation and realized that the $50 or so a month that you pay a place like ADP to do all the paperwork, file the tax forms, send in tax payments, cut checks for you, and send you W2 forms and year end summaries is a good deal.\n\nI found that when I did it myself I was spending a lot of time unproductively doing clerical work and that made the use of a company like ADP very cost-effective. Plus if anything goes wrong they just whip out their paperwork and show the IRS that all was done properly. Doing that on your own is a major headache..
299521
You can use TurboTax software.
763995
No.\n\nI could imagine that some stores woudll use that as a reason to get you in, but in reality the Sales Tax still must be paid. In relaity what they are doing is lowering the price by that 6-8% (or whatever your tax rate is)
91328
Go to TURBOTAX.COM. If you can read you can e-file. They will walk you through and ask you questions. You just answer the questions and they do all the work. Very cheap,too!
717936
It's 'defaultingly' better to err on the side of the IRS- get a second tax payer ID/ EIN number for the second business and treat it as such- another business.  Your accounting system and accountant/book keeper will probably agree too.
252500
I don't know what a promo code would be but at www.irs.gov, depending on your state they will do your takes for free just click the icon on the left for efiling.  It is great.  Only for federal return because they do charge for your state.
196725
You should not increase your expenses for tax right-off purposes, Your business will fail if you overspend on unnecessary expenses. To make your business more profitable you should look into spending your money on advertising if anything, Any expense that brings more income will give you a bonus because you can write it off as an expense and increase your net profit.
31538
NO - you can buy a pretty decent tax program from Tax Act for $19.95.  It's at least worth the time it saves you to fill out all of the lines on your tax form.  They go through a pretty thorough question and answer structure that encompasses everything.
872534
a credit is a credit get turbo tax but I don't think its a problem
75487
By having a prfessional prepare your taxes they will be able to make sure sto include everything that has to be included this may make it more profitable and also the IRS is less likely to audit you on your taxes if a professional prepares them. \n\nThere may be a fee but it is often worth it because you get the most out of your money. The tax professional will make sure that you get everything that you can get (credits and deductions) and if there is an audit you will have a professional there to help you through it. At most professional tax offices (H & R Block) there are also guarentees to the taxes being right and if they are not right they will usually make it right with you (Pay penalties or some of the amount you owe if they were wrong).
348474
Not sure but I know you can get a 17.5% discount from VAT (value added tax). Ask the person to discount it and file and not to pay VAT.
750833
You can pick from a variety of software packages.  Intuit has a TurboTax Professional product.  There are other brands such as TaxExact and Abacus Tax.  Web search, or go to the local Office Depot, or Staples.\n\nAlternatively, you could contract a tax preparer business to do it for you.  It all depends on what your goals and/or limitations may be (i.e., financially, time, knowledge, etc.)
855830
sure this is viable, and would just mean you have to complete a tax return each year to declare all your income. i did my first tax return online earlier this year and it was quite simple.\nif you are interested in a short course on starting a business & business planning which you could do from home around your work, check out the site below...