What do you use for business & taxes?

**shermo** · 10-05-2009, 12:54 PM

+1 for Quickbooks.

**L-Pink** · 10-05-2009, 01:08 PM

I use a small accounting firm for receivables, payables, depreciation, etc for business as well as some of my personal recurring bills.

There was a start-up expense as well as monthly charges but I think I come out ahead this way ... I get an itemized quarterly spreadsheet, estimated quarterly taxes ...

There is no end of year madhouse with shoe boxes of receipts and checks, tax penalties, etc. They easily prepare my taxes and file for me. My end of year cost is just slightly higher than my monthly bill since all the info is computed monthly.

.

**Sosa** · 10-05-2009, 01:24 PM

I use quickbooks and turn over everything at the end of the year to the accountant. We are going on like year four of doing this and have had good success.

**epitome** · 10-05-2009, 01:33 PM

To take off some of the burden you can go ahead and pay yourself a salary (if you are not already doing this) and manage it through PayCycle (which integrates effortlessly into QuickBooks). Paying taxes is handled by PayCycle and it's usually done electronically. I selected it for my real estate company of a dozen people and it makes things so much easier.

Intuit recently bought the company but the solution remains the same.

**96ukssob** · 10-05-2009, 01:34 PM

Originally posted by L-Pink

I use a small accounting firm for receivables, payables, depreciation, etc for business as well as some of my personal recurring bills.

There was a start-up expense as well as monthly charges but I think I come out ahead this way ... I get an itemized quarterly spreadsheet, estimated quarterly taxes ...

There is no end of year madhouse with shoe boxes of receipts and checks, tax penalties, etc. They easily prepare my taxes and file for me. My end of year cost is just slightly higher than my monthly bill since all the info is computed monthly.

.

I tried this before, but started to become very expensive and always adding more fees.

I had someone great when I was in LA that did my taxes for 2005 and 2006. I would send him all the receipts and totals each month and he would take care of everything for a reasonable fee. He started working for a company and wasnt able to handle my stuff.

**Scott-ATCI** · 10-05-2009, 01:37 PM

Another vote for QuickBooks. Used to use PeachTree, but switched last year.

**CaroMark** · 10-05-2009, 02:26 PM

Quickbooks and Peachtree are both very good but I always preferred Peachtree

**fatfoo** · 10-05-2009, 02:35 PM

Quickbooks is good, yeah.

**art914** · 10-05-2009, 03:19 PM

are there any sites out there for businesses? like a mint.com version

**d-null** · 10-05-2009, 05:16 PM

I set up my own spreadsheets in Excel

What do you use for business & taxes?

What do you use for business & taxes?

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