- quote -

Yes, it will.

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<andyj1011[at]gmail.com> wrote

- quote -

It should. By "very small business" do you mean
sole-proprietorship?

--
Paul Thomas, CPA
paulthomascpapc[at]bellsouth.net

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andyj1011[at]gmail.com wrote:

- quote -

This is really not a tax software forum, but perhaps a short
discussion of software will be tolerated :-)

I have a one-person consulting business. I was a Sole
Proprietor for the first two years and used a combination of
Excel and TurboTax Home & Business, which worked but was not
ideal. When I incorporated I began working with an
accountant and he suggested I switch to QuickBooks. He said
he made more money than he wanted to fixing bookkeeping
errors made by people who wanted to use TurboTax to run
their small business.

I don't like Intuit at all, and in fact stopped using
TurboTax for my personal income taxes, but have stayed with
QuickBooks since it works. (Though I have not upgraded since
I purchased my original copy - because it works.)

I send my QuickBooks file to my accountant near the end of
the year so he can look things over and calculate a couple
of depreciation entries for me. I then send him a final
copy of the file after I close my books for the year so he
can prepare my corporate tax return.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

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I have a VERY small business - not one I make a living off
of, but one which generates a fair amount by year's end and
also racks up bills in equipment (music - photography).

Income and expenses are not hard to do at all. But the
depreciation on equipment, etc I have always found
confusing. Will Turbo Tax Premier help with proper
depreciation, mileage, etc?

<< ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >