Posted by tom-ky on January 02, 2011 at 13:59:04 from (96.31.135.238):
In Reply to: Tax Software posted by IanC on January 01, 2011 at 13:34:56:
I never did trust the software for several reasons. One is the depreciation setup and the fact that some had already been taken on some items. How would you set that up? It might be fine to use the software if you started from the beginning but I can't.
Two is there is nobody to back you up in a audit. Our tax person will pay the penalty if they make a mistake just not the extra tax.
I have learned the better you can organize thinks to save the time it will save you money. We use Quicken and a spreadsheet with everything set up in the tax categories so it goes pretty quick.
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