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Financial Planning / Tax Strategies


Subject:  Re: Tax on small business Date:  12/19/2005  9:26 AM
Author:  irasmilo Number:  82082 of 132649

Do the software packages work for taxes?

There is consumer grade software available for S-Corps (TurboTax and TaxCut both sell them) but neither program is anywhere near as user friendly as their 1040 variants. Both programs assume that the user is quite knowledgeable about the relevant tax law. You can also expect to pay significantly more for the Corp software.

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