Tax filing deadlines are just around the corner, and this year's tax laws are the most complex, but in some ways the most generous, in a decade. Many small business owners have heard about tax preparation software, but haven't tried it just yet. To aid with business owners' 1997 tax preparation decisions and help them understand the impact of the new tax law changes on their business, Intuit (NASDAQ: INTU) today announced TurboTaxÒ for Business Trial Version, a risk- and cost-free test drive of its award-winning small business tax preparation software.
The trial version of TurboTax for Business allows the small business owners filing forms 1040 and 1120S to learn how tax software can help reduce their tax bill this year, and for years to come. Even those business owners that use an accountant to prepare their return can use TurboTax for Business Trial Version to understand the impact of new tax laws on their business financial decisions.
Users of TurboTax for Business Trial Version answer easy-to-understand interview questions, and the program places all data in the correct places and performs calculations automatically. Then, the trial version of TurboTax for Business thoroughly reviews the return ensuring nothing has been omitted or overlooked. The program also alerts users to missed deductions and entries that could possibly trigger an IRS audit. After taking the TurboTax for Business Trial version test drive, users can upgrade to the full version of TurboTax for Business can call Intuit to purchase an unlock code which will then allow customers to view, print and file their return. Customers can also file their return electronically for faster filing.
Small business owners are forced to wear many hats, and research shows that the most critical activity is their tax preparation. TurboTax for Business communicates to small business owners in plain English, effectively cutting through confusing and time-consuming IRS speak. TurboTax for Business also goes several steps further, proactively alerting small business owners to additional tax deductions, potential audit problems, as well as comprehensive tax advice and planning suggestions. Additionally, TurboTax for Business offers all the forms and IRS publications that a small business owner is likely to need.
TurboTax for Business Trial Version allows users to examine all of TurboTax for Business's key features for tax year 1997, including:
- Depreciation Expert - Walks users through depreciating their assets, helping small businesses maximize depreciation deductions by providing easy-to-follow tips on when and how to depreciate assets.
- Tax Advisor -- Offers businesses opportunities, related to the 1997 Taxpayer Relief Act, to reduce their taxes with increased section 179 deductions, self-employed health insurance deductions, business mileage deductions, and more.
- Deduction Finder -- Helps small businesses uncover substantial deductions that may have been overlooked during the preparation process.
- Industry-Specific Advice -- Includes U.S. averages by industry so a small business owner can compare his/her company's income and expenses to other businesses in the industry.
- On-screen references -- Includes J.K. Lasser's Tax Deductions for Small Business, Fred Daly's Tax Savvy for Small Business, IRS publications and more than 50,000 context-sensitive links for instant access to information that relates to where you are on the return.
- Common Tax Questions -- Includes more business-specific tax strategies than ever, which provide comprehensive answers to even the toughest small business tax questions.
100% Accuracy Guaranteed
Intuit guarantees that its TurboTax for Business software (Federal and State versions) calculations are accurate, having undergone in-depth testing with more than 200 experienced tax experts. In the unlikely event that users pay an IRS or state penalty due to a calculation error in the software, Intuit will pay the customer the penalty plus interest.
A dedicated customer support staff is available to offer free and knowledgeable support to customers regarding their order, product information, and technical questions. Intuit also offers its customers referrals to professional tax preparers who are members of Intuit's Financial Professional Network and who use Intuit's professional ProSeries tax software.
Maximizing Your Money
TurboTax is America's most complete way for consumers to prepare, file and plan their taxes, and has been the market leader for over 10 years. More than 200 tax experts sank their knowledge into developing TurboTax for Business for 1997, creating a product unlike any other business tax preparation software. When combined with other Intuit products such as QuickBooks, one of the fastest, easiest ways to manage a business, TurboTax for Business can help small business owners organize their finances and maximize their tax savings.
Pricing & Availability
Consumers can order the free TurboTax for Business Trial Version now by calling 1-800-4-INTUIT, or download the software from TurboTax's Web site at www.turbotax.com. Once trial version users decide to print and/or file their return, they can call Intuit to upgrade to the fully-functional version of TurboTax for Business for $69.95.