Turbotax small business is a tax filing software that is suitable for small-sized businesses and self-employed people. It provides a variety of tax forms, and provides guidance on how to file quarterly estimated tax returns. It also helps small companies with income tax issues related to rental property and real estate. Users can receive support via email and live chat, as well as a curated hub of content covers topics such as taxes and business.

Customers can select from a variety of different service tiers and download versions of the software. The most basic option for sole proprietors as well as freelancers, begins at $170 for federal filing and $55 for each state. The premium version, called TurboTax Business, provides support for S corporations and multi-member limited liability companies.

Intuit’s software compares your return to the database of 350 credits and deductions, helping you maximize the refund. It’s accessible on desktop computers as well as the mobile app and the QuickBooks Online portal.

To utilize TurboTax Business, you must keep all your business documents in front of you that report your company’s earnings and expenses. The software will help categorize your company. You’ll need to decide, for instance, whether you want to utilize the accrual or cash method of accounting.

The program can also be used to determine if you have a business expense that could be eligible for a deduction. The program is able to track large purchases, and it can help you determine your depreciation strategy. Depending on the industry you work in, it is possible that you have to file other local and state tax. In most cases, these are filed through the tax agency of the state.

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