Product Description

Guidance for corporate, partnership, and payroll business returns. The Complete personal and business tax return solution from America's #1 tax preparer. Step-by-step interviews guide you through your personal and business tax situation.

---

Product Details

• Amazon Sales Rank: #775 in Software
• Brand: H&R Block
• Model: 1116600-08
• Released on: 2008-12-01
• Platforms: Windows Vista, Windows XP, Windows 2000
• Format: CD-ROM
• Dimensions: 5.30" h x 7.40" w x 1.50" l,

Features

• TaxCut includes up to 5 free federal e-files and H&R Block expertise in every version
• Get extra assistance and money-saving advice to maximize deductions; plus, turn your donations into big tax savings with the included DeductionPro
• Complete returns for Corporate, S-Corps, Partnerships, and Estates and Trusts
• Complete forms for payroll and employers as well as non-profit tax returns (Form 990)
• In the event of an audit, receive personal assistance from an IRS-licensed Enrolled Agent with audit representation expertise--not a self-serve Web site or FAQ page

Amazon.com
Prepare personal and business tax returns. Includes the same features as TaxCut Premium + State + E-file, plus everything you need to prepare your business return on 1 CD. Worry-free Audit Support included for personal returns when you e-file.

Everything you need to prepare personal and business tax returns.

A simple interview quickly walks you through the return process to automate your return. Click to enlarge.

Prepare next year's personal and business tax returns with ease.

Includes same features as TaxCut Premium Federal + State + E-file, plus everything you need to prepare your business return on 1 CD. Includes 1 Ask a Tax Advisor session and Worry-free Audit Support when you e-file.

With TaxCut Home & Business, you can:

1. Maximize Deductions: Get extra assistance and money-saving advice to maximize deductions. Plus, turn your donations into big tax savings with the included DeductionPro (a $19.95 value).
   
   
2. Prepare Business Tax Returns: Complete returns for Corporate (Form 1120), S-Corps (Forms 1120S), Partnerships (Form 1065), and Estates and Trusts (Form 1041).
   
   
3. Manage Your Business: Complete forms for payroll (Form 941) and employers (Forms W-2 & 1099) as well as non-profit tax returns (Form 990).
   
   
4. Get Real Audit Support from a Real Person--Really: Get Worry-free Audit Support included when you e-file. In the event of an audit, receive personal assistance from an IRS-certified Enrolled Agent with audit representation expertise--not a self-serve Web site or FAQ page.
   
   

Product Info

Added Value
Includes all the features of TaxCut Premium Federal + State + E-file and more.

Complete Business Coverage
Helps you prepare returns for a number of business types, including corporations, S corporations, partnerships, LLCs, non-profits and estates & trusts. Covers payroll tax returns as well.

Business Tax Planner
Project your estimated business earnings and tax liabilities for the next 3 years.

Business Depreciation Assistance
Calculate and track depreciation on various types of business assets.

1099-MISC/W-2 Preparation
Quickly print W-2 and 1099 forms and reports for your employees and contractors.

K-1 Preparation
Easily prepare and print K-1 forms for partners and shareholders.

Guarantees

Worry-free Audit Support
You can rest easy knowing H&R Block is there to help in the rare event of an audit. Included when you e-file your federal return with us.

Accurate Calculations Guaranteed
If TaxCut makes a calculation mistake, we'll pay resulting IRS penalties plus interest. See the license agreement for details.

100% Satisfaction Money-Back Guarantee.
If you are dissatisfied with the software for any reason, H&R Block will refund the full license fee you paid H&R Block or its authorized reseller for the software, exclusive of shipping and handling charges, taxes, and less any rebate you receive on the software.

---

Customer Reviews

The best for the price
H&R Block's "TaxCut Home and Business" has been a great choice for me for several years, and each year they improve the product. I ordered the 2008 version today.

This package is remarkable. It includes software for your Form 1040 individual or joint tax return, plus programs to prepare your Corporation or S-Corp (Form 1120), Partnership (Form 1065), or Estate or Trust (Form 1041). State returns for all these is included. Employment tax return preparation (W-4, 1099 and so on) is also included.

For the personal return, electronic filing for federal is included (5 returns), but you will have to either mail your state return or pay a fee (reasonable by my lights) to file electronically. I don't think electronic filing is available for the business returns.

Anyway all this is in the package. Don't overbuy. If you don't have one of the businesses mentioned, just get the appropriate software for 1040 returns. But if you need to file for a business (Corp/Partn/EstTr) plus your individual return, this deal is hard to beat.

Let me end with a few cautions:

If you are buying "TaxCut Home and Business + E-file," you don't need to buy "TaxCut Premium + State + E-file." IT'S INCLUDED. I mention this specifically because they seem to be marketed together on this site.

The forms to be used for this year's income tax haven't been completed by IRS. They will be updating items during the first couple of months of 2009, and there's no way the software I'm buying today can include all of them. So I'll need to go to the HRBlock update site a few times (the software connects and links up) to get updates from both Fed and state.

With all tax software there is a learning curve, so "read the lines," think about what you're doing, allow adequate prep time, and review the results before you file. I think you'll be pleased.

PS - I used to work for H&R Block but have not for several years. I use the software because I think it's the best for the price.

Very frustrating using this software - Business State Interview not working at all
I called Taxcut customer service at least 5 times to resolve the issue that the Business State Interview is not available at all. They asked me to wait until mid March due to the MA state tax forms are still not ready. I had to show them that all the MA forms are available on the website, it is the Taxcut software that is not working. I spent long hours talking to various customer service representatives, also to their supervisor, and still can't it resolved. I filed a couple of complains through their feedback system and still not hearing any replies. I will need to buy TurboTax to re-do the entire Business tax filing.

interviewer not available, customer service is useless
This is my third year using Taxcut. Up to this year I have been very satisfied with it. I started a business in 2008 so I bought the Home & Business version. As of Feb 1, the interviewer for GA S-corporations is still not available. I've spoken to customer service 4 times who all have told me that the GA interviewer is available and all they can tell me is to update my software. I update the freaking software everyday hoping that my GA interviewer will start working but it still isn't available. I'm not an idiot, I know how to update the software. I've tried reinstalling the software and running the update from a fresh install but it still doesn't work. Maybe there's something wrong on your end H&R Block! I have resorted to downloading the instructions for my GA forms and filling them in manually since it looks like the interviewer will never work. If I knew I was going to have to go through the instructions for the tax forms myself I wouldn't have bothered buying Taxcut.

I will never use Taxcut again, their customer service is useless and won't listen to your problems. Their only solution is to run the update. Next year I'm using TurboTax.