Welcome to the Tax Software Recommendation Discussion

Click For Summary

Discussion Overview

This thread centers around participants sharing their experiences and preferences regarding tax software suitable for consultants. Various software options are discussed, along with personal anecdotes about their effectiveness and usability.

Discussion Character

  • Anecdotal, Opinion-based

Main Points Raised

  • One participant mentions using Turbo Tax for personal and business taxes, noting its user-friendliness.
  • Another participant shares their experience with Turbo Tax, stating a preference for it over Tax Cut, and mentions Costco as a good place for pricing.
  • Several users express satisfaction with Tax Act, highlighting its ease of use and affordability.
  • One participant discusses the challenges of managing receipts throughout the year, despite their intention to stay organized.
  • Another participant inquires about the necessity of the Home and Business version of Turbo Tax, receiving feedback that the regular version suffices for their needs.
  • One participant reflects on their past experience with H&R Block and expresses a desire to switch to Turbo Tax to save costs.
  • Another participant shares their positive experience with Tax Act, especially in comparison to previous services used.
  • Some participants discuss pricing options for Turbo Tax at various retailers, noting significant price differences.

Areas of Agreement / Disagreement

Views differ regarding the best tax software, with some participants favoring Turbo Tax while others prefer Tax Act. There is no clear consensus on a single recommended software.

Contextual Notes

Participants share personal experiences related to tax filing as consultants, with discussions reflecting a range of software options and individual preferences.

Who May Find This Useful

Consultants considering different tax software options may find the shared experiences and pricing insights helpful.

C
cewcooks
Messages
552
Hi all

Which tax software can anyone recommend for consultants? :)
 
Are you talking about filing for taxes?? if you are we use turbo tax at my house.
 
DH has been doing our taxes on the computer for 10 years. He's used Turbo Tax and Tax Cut both, and prefers Turbo Tax. But they're fairly similar. Costco usually has the best price on Turbo Tax.
 
Ann,
Does your DH use Turbo Tax for your PC business taxes too?
 
Turbo Tax for me.

FYI..One of the tax tips on their site states the IRS relaxed the rules for home office deduction starting this year. It pertains to the tax free status when you sell your home.

http://turbotax.intuit.com/tax-tools/ten_tax_tips_for_after_the_new_year/article;jsessionid=TNNJ5YUD2E1ZUCQIAUQBYUQKBACRCF4K#6
 
roxylady said:
Ann,
Does your DH use Turbo Tax for your PC business taxes too?
Click to expand...
Yes - it's all on one return. You'll need to complete the Schedule C: Profit and Loss from Business, but that's the only real difference between having a home-based business and not. Turbo Tax (or any of the other software) will walk you right through it and have you complete parts of the form based on your answers to questions about your family, investments, and business.
 
I've used Turbo Tax for the last 4 years - I really like it.....but I'm strange, I LIKE doing my taxes!:rolleyes: :o


And a 2nd vote for Costco for the best price!
 
My problem is that, no matter how good my intentions are at the beginning of the year, I always have a stack of receipts at the end of the year that still need to be entered into P3 (I love :love: the income/expense report), and there are usually some receipts that I don't even unearth until DH is done with the taxes and has sent them in.
 
I have used Tax-Act for 4 years with my home and buis stuff. I really like it and it's a free download for basic. You do have to pay to file electronically. It was $10 the last few years.
 
I have used tax act too and I really like it!!
 
I use Tax Act (for 4 years) And I really like it. :chef:
 
Has anyone ever used "Free File" on the IRS website?
 
  • Thread starter
  • #14
Thanks you guys are awesome, yes I think Costco has it cheaper, Staples wanted 90.00 for the Home and business version and Walmart had it for 80.88 or something like that!
 
Turbo Tax should only be about $20 for the personal version. That's all you need since it has the Schedule C included. Unless you have a separate business to file on, you don't need the business version.
 
Thank you all for your advice. I appreciate the help. Not meaning to bump, but I look forward to meeting those of you at Conference tomorrow/Thurs night!
Dawn
 
RebelChef said:
Turbo Tax should only be about $20 for the personal version. That's all you need since it has the Schedule C included. Unless you have a separate business to file on, you don't need the business version.
Click to expand...

Ok so I do not need to get the Home and Business one? I will be safe with just the regulare one?
 
StacieB said:
Ok so I do not need to get the Home and Business one? I will be safe with just the regulare one?
Click to expand...
bump...I was wondering the same thing.
 
Regular version works fine - that's what DH used and our refund was deposited early this week. :)
 
I've never done my own taxes :yuck: . OK maybe when I was a teenager. But here's the thing...

I have PC, and I had a full time job for part of the year, DH had his teaching job and the military. Plus we bought a house this year.

Do you think Turbo Tax is user friendly for this?

Last year we paid over $400 for H&R Block. I DO NOT WANT TO PAY THEM AGAIN! DH insists we do, but I think I will try Turbo Tax...OPINIONS wanted......................TIA :thumbup:
 
I used Tax Act this year and I was surprised at how easy it was. We had our taxes done by H&R Block last year, so it was pretty easy to look back and see what they did for everything when I got stuck on something.
 
Good to know, thanks Mary.
 
I've been using H & R Block's tax cut for the past 2-3 years and haven't had a problem at all doing it.
 
Great, got the Tax Cut, and I will let you all know how I make out.

I am veryyyyyyyy nervous!
 

Frequently Asked Questions

What is the purpose of the Tax Software Recommendation Discussion?

The purpose of the Tax Software Recommendation Discussion is to provide a platform for individuals to share their experiences, insights, and recommendations regarding various tax software options. This helps users make informed decisions based on real-life usage and feedback.

Who can participate in the Tax Software Recommendation Discussion?

Anyone interested in tax software, including individuals, small business owners, and tax professionals, can participate in the discussion. It is open to all who want to share their experiences or seek advice on choosing the right tax software.

What types of tax software are typically discussed?

The discussion usually covers a wide range of tax software options, including popular choices like TurboTax, H&R Block, TaxAct, and specialized software for small businesses or freelancers. Participants may also discuss newer or lesser-known software that they have found effective.

How can I ensure that the recommendations I receive are trustworthy?

To ensure the recommendations are trustworthy, look for feedback from verified users, check for detailed reviews, and consider the overall reputation of the software. Engaging with multiple participants and comparing their experiences can also help you gauge the reliability of the recommendations.

Can I ask specific questions about my tax situation in the discussion?

Yes, you can ask specific questions about your tax situation. However, keep in mind that while participants can provide insights based on their experiences, it is always best to consult a tax professional for personalized advice tailored to your unique circumstances.

You must log in or register to reply here.

Similar Pampered Chef Threads

Turbo Tax: Upgrading Existing Software or Buying New?
  • cewcooks
    • Pampered Chef Finances
Replies
4
Views
2K
AnaCash
Tax Software Question: Personal vs. Business - Which Version Should You Buy?
  • mindyanne44
    • Pampered Chef Finances
Replies
6
Views
2K
cookingwithdot
Using Software to Do Your Taxes?
  • jcsmilez
    • Pampered Chef Finances
Replies
10
Views
3K
minirottie
Which Tax Prep Software Is Best for Simple Business Filings?
  • raebates
    • Pampered Chef Finances
Replies
2
Views
1K
Jewel
Questions About Doing Business Taxes for the First Time
  • cookingwithdot
    • Pampered Chef Finances
Replies
11
Views
3K
mrshamel3808
Turbo Tax Online Vs. Purchased Turbo Tax??
  • lkspeir
    • Pampered Chef Finances
Replies
13
Views
2K
jenniferlynne
Best Tax Software for This Business?
  • Cape_PC
    • Pampered Chef Finances
Replies
10
Views
3K
jrstephens
Researching Shipping Tax Laws in Mass: Is it Legal?
  • melaniepc
    • Pampered Chef Finances
Replies
9
Views
6K
redsoxgirl
Do I Have to Pay Self-Employment Tax Separate From Income Tax?
  • pampchefrhondab
    • Pampered Chef Finances
Replies
4
Views
2K
AnaCash
Free Scanned Doc Editing Software?
  • chefa
    • Flyers and Letters
Replies
2
Views
2K
chefjeanine
Back
Top