Discover the Best Online Tax Service for Business Owners

As a business owner, if you want to do your own taxes, you may be considering online services. Tax services online help all types of companies plan and file their taxes at a more reasonable price.

Online tax services are more affordable than hiring a tax professional such as a CPA or EA. The whole process of e-filing is also a better way to save on business expenses.

However, in order to get a full refund on their income tax returns, tax preparers must be assured that the filing is completed properly. Discover the best online tax services for you and your business!

Discover the Best Online Tax Service for Business Owners
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H&R Block for Business Income Tax Returns

H&R Block provides the most suitable features for very small businesses and self-employed filers, of all the facilities that were reviewed. Tax planning and filing systems for the app are easy to understand and use.

It deals incredibly well with federal taxes and also provides resources to file state taxes, but at an extra $36.99 per state fee.

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In addition to the online and downloadable tax services of the organization, you can also get professional tax assistance (either in person or online) at an extra fee.

Features: What Do They Offer?

The online tax service from H&R Block is precisely tuned to ensure accuracy. Any time you enter an element incorrectly, or in the wrong area, you are informed of the error.

Human error may result in errors that attract IRS attention, potentially leading to audits, fees, and other penalties. The H&R Block platform’s protections will make you feel secure that your returns are filed correctly.

The software aims to help you get the biggest possible return by checking the vast deduction and credit database to see if any are relevant to your case. This assistance is automated, as are the rest of its apps.

Where to Find Them

Click here to search for a branch near you! If you have inquiries, don’t hesitate to call them at 1-800-HRBLOCK (1-800-472-5625).

TaxAct

TaxAct is free to use! The firm describes how its service is free at any turn.

Free online software from TaxAct is not as robust or user-friendly as its pricier counterparts, but this does not mean that filers are left in the dark. The company offers incremental advice and free assistance.

If you have paid your taxes via another system, such H&R Block, TaxAct gives you the right to import 1040, 1040A, and 1040EZ PDFs, making it easy to turn.

Features: What Do They Offer?

The cost of federal and state filing for TaxAct is as advertised as free. That being said, if your tax situation is complicated, you may need to upgrade to one of TaxAct’s paid plans.

Filers with college expenses, or are homeowners, or have other complex need to look at the Basic+ option. This plan includes everything in the free version at $19.95, as well as things like FAFSA assistance, itemized deductions, and a tax specialist’s telephone support.

Resources go all the way up to the Self-Employed+ tier, which costs $44.95 and has all the benefits of the other tier, including professional income support and year-round tax preparation assistance.

Where to Find Them

You may visit their website to register for a free account. If you have any questions, concerns, or inquiries, call them at (319) 373-3600.

TurboTax

For many reasons, TurboTax remained a top name in the tax software market.

The online version of the program is easy to use, and you can file your taxes quickly without getting a degree in finance or reading thousands of pages of the federal tax code. A computer or a mobile device is all you need!

As you go through the easy-to-follow phase of the system, you’ll finish five tabs: My Information, Federal, State, Review, and File. Once each segment is filled out, TurboTax recalculates how much refund will come from the federal or state governments.

TurboTax lets you check both your state and federal returns at the end of the tax filing period before e-filing them with their respective tax agencies. The program produces both returns based on your given information.

Features: What Do They Offer?

Although the self-employed TurboTax tier is the perfect choice for small businesses and entrepreneurs, it is also one of the most expensive choices at $120.

Though it was on sale for $90 at the time of publication of this review. State taxes are not included in that price, each state filing bearing a price tag of $40. TurboTax also provides a form K-1 for the properties and trusts.

In addition to filing forms for any type of incorporated company, TurboTax allows you to create unlimited forms. These can be for your staff, contractors, and other business associates such as W-2, 1099-MISC, 1099-INT, and 1099-DIV.

Where to Find Them

TurboTax a tech provider for the preparation of do-it-yourself tax returns and has physical offices. Its headquarters are located in Mountain View, California. If you wish to contact them, call at 888-777-3066.

Discover the Best Online Tax Service for Business Owners
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Conclusion

Tax services shouldn’t be that hard, especially if you have help. Try out these online services available for you now!

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