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Turbo Tax is pretty good, but not great for S Corps.

I would agree with the suggestion to consider regularly using an accountant. A good accountant will challenge you (them) about their business. Just like Peter I am biased. It would be better to spend the money and develop the relationship now, than to be caught playing catch up when the business catches fire.

Based on you small exposition I thought of the following questions:

Are you considering the impact of self-employment tax?

What states are you doing business in?

Are you required to pay sales tax in any of them? What would trigger this reponsiblity?

Are you required to pay income tax in any of them? What would trigger this reponsiblity?

Are you required to register to do business in any of these states? What would trigger this responsiblity?

Based on the facts you gave, these questions may not be of concern right now. From my experience, there may be other facts that would drive this decision.

Best of Luck

DL
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