In today’s tech savy world, small business have numerous options for preparing their tax returns.  If you really have no time and don’t feel comfortable doing your own return, you can always go the tradition route of having your accountant prepare your return for you.  Expect this option to run you at least $200.  However, if you are more of the do-it-yourself type of person and feel knowledgeable enough to prepare your own small business income tax return, then you have several great options to choose from.  Following is a list of companies that produce tax software that will guide you through the process.  Usually they will ask you a series of questions to help determine what you need to include in your tax return and they also can provide you with a lot of information.

Turbo Tax
Probably the most commonly selected choice by small businesses and sole proprietors for preparing and filing their own tax return, Turbo Tax Home and Business provides everything you need to complete your Schedule C and prepare and file taxes for both your self-employment and personal taxes. It includes expert tax advice, excellent guidance and tax saving tips.  This software can usually be purchased at retail stores and many places on-line, such as Amazon and can be used to prepare and file returns for C Corporations, S Corporations, Partnerships, and Limited Liability Companies.

Tax Cut Premium
Tax Cut is another leading choice by small businesses for preparing and filing their own tax return.  Offered by H & R Block, this software will help you prepare the returns you will need, including Schedule C and forms for Corporations, S-Corporations, and Partnerships. It even provides W-2, 1099, 940, and 941 forms. You will also find great tools for maximizing your business tax savings and depreciating assets.  It offers step-by-step guidance, personal tax guidance, rental income assistance, sales of stocks, bonds and mutual funds and tax calculators.

Other small business tax software worth looking at include the following:

Tax Act
One Price Tax
Complete Tax
Tax Brain