#TAXACT FOR BUSINESS FOR MAC SOFTWARE#

In most cases, you will know your money better than anyone else. I had the exact same problem when I used to hire someone to do my personal taxes. I hired an accountant to do my business taxes for 2016, but after finding some errors in the return he prepared, I decided to do them myself going forward. You don't need an accountant to do your taxes

For my business, that has been TaxAct for the last two years, and I plan to use it again this time around.

Taxes are a part of making money and running a business, but it's a good idea to find the most efficient and cost-effective way to file. When I moved to California in 2016 and took my online business full-time, I created an S-Corporation, a business entity that gives me some big legal protections and tax benefits over running as a sole proprietor or a standard LLC.īut having an S-Corp also means some additional challenges, including filing a separate tax return for my business every year. If you make money through a side hustle or run your own full-time business in the US, you have to report and file taxes for your business. Using TaxAct on Tax Day 2020 could be a smart move if you're a small business owner ».The biggest competitors, like TurboTax and H&R Block, only offer the ability to complete an 1120S if you have a Windows computer, leaving Mac users like me out of luck.

#TAXACT FOR BUSINESS FOR MAC SOFTWARE#

TaxAct is the biggest major tax-prep software company to offer a completely online option to complete my business form 1120S.Many small business owners hire a professional accountant for their taxes, but I do my S-Corp taxes online myself.Terms apply to offers listed on this page. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money.

Taxact for business for mac