Intuit is known for its great, high quality tax solutions and with the Turbotax Home & Business 2016 it wants to deliver a very good set of features and results for a very important category. That would be the small business owners and sole proprietors. Being a small business owner means that you have to file taxes on your own and that can be very frustrating and time consuming. This tool is a solution designed to eliminate all of that.
The first thing you can do is to perform self-employed tax deductions. With its help you can deduct expenses like home office, utilities, phone, supplies and many others. As a result, it can be a great tool for freelancers or online business owners that are self-employed and earn online.
But Turbotax Home & Business 2016 does a lot more than that. It also allows you to do vehicle tax deduction. It will help you acquire and print the 1099 and W-2 forms for your employees. It can even be suitable for contractors too, which is very helpful.
Aside from that, this online software will enable you to go through expenses and it will help you figure out if you can make any more tax deductions, if needed. It will bring in front all the help you need if you want to simplify the asset depreciation as well. The guidance offered by Turbotax Home & Business 2016 is exemplary and this tool even shares a live on-screen help that will provide you with the much-needed guidance very fast. This way you always get to receive proper help from experts with a lot of experience in this field.
Thanks to Turbotax Home & Business 2016, you get to enter the income easier and faster, all of that on a single page. And if that was not enough, you can find the cost basis very fast and you can maximize the IRA savings quick and easy. The app doesn’t require any previous tax or finance knowledge and it will even check your tax return for errors before you file it, just to make sure that everything is safe for you!
Aside from that, Turbotax Home & Business 2016 will also help with refinancing deductions, it will showcase your audit risk and it will boost the speed at which you file your taxes. You will have the opportunity to receive tax deductions from the dependents too, all thanks to this app.
Just like all the other Turbotax versions, this one also imports your 1099 and W-2 info and it allows you to see the tax refund in real time. Plus, the app is secure and a delight to use! Aside from the online client, you can also choose a CD/DVD version if you want so you can easily use it anywhere you need it!
Should you use Turbotax Home & Business 2016?
Turbotax Home & Business 2016 is by far some of the best and most reliable tax tools for sole proprietors and business owners. Full of helpful features, easy to access via its online client and with a very good on-screen help, Turbotax Home & Business 2016 offers you the help and guidance you always wanted. It’s a very powerful tool and one that will bring you an outstanding experience right away. All you have to do is to give this great tool a shot.