"Isaac T" <isaac[at]hotmail.com> wrote:

- quote -

BNA is an excellent program in the right hands, but it's not
perfect. It doesn't handle some states correctly and if you
are in AMT, it frequently calculates the wrong tax
liability. You are probably better off using a 2004 tax prep
program to estimate your 2005 liability (unless there is a
wholesale change in the tax law) than spending ~$800 on BNA.
Actually, if you are willing to spend $800 on software, you
are better off using a tax pro who will have access to other
programs and keeps up with tax law changes.

It's not just the money. You have a business to run. Most
business owners want more time to spend on their business
and less administrative duties.

Gary

--
E-mail to the above address is rarely read. If you want to
contact me directly, please send an e-mail to: gary at
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I have a home office LLC business and have many variables
that I can control to my tax advantage. I do a 1040
schedule C for my business income.

Could someone in the know point me to any really good
professional level Tax scenario planning/optimizing software
that will allow me to input my tax scenario variables and
make accurate tax projections of resulting taxes so I can
run many scenarios to find the optimal one.

I am looking to spend under $3K and want professional CPA
quality software that an accounting firm would actually use.

A kind lad on alt.accounting as pointed me to "BNA Income
Tax Planner Software", but looking for more options to
choose from.

It would be nice if I could also find a professional level
financial planning software that can help me determine what
are the best ways to minimize my taxes and shelter my assets
(esp. long term) given my particular situation and
"variables". I am not looking to do any Enron stuff,
though, but just interest in any tax/financial strategies
that are just up to the "gray areas".

Thanks a lot in advance,
Isaac T

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