TurboTax Home & Business Is Easy Software for Personal & Small Business Taxes
TurboTax Home & Business for the 2011 Tax Year Includes 12 Returns $99.99
Own a small business? Work as a consultant or contractor? Running an unincorporated business as a sole proprietor? If so, then you're no stranger to hard work. TurboTax Home & Business is designed to lessen your work load come tax time.
What's new:
Audit Risk Alert: See what tax claims may trigger a CRA audit prior to filing your return
Free Tax Advice: Connect live, 1-on-1 with a tax pro, 24/7
And you always get:
An Easy Solution: Prepare and file personal & self-employment business taxes in one place
Step-by-Step Guidance: To help maximize deductions & eligible business expenses
Have a tax question? Get real answers and 1-on-1 service from real Canadian tax professionals with TurboTax Free Tax Advice.
From February 10th through May 4th 2012, TurboTax Free Tax Advice connects you to highly-trained Canadian tax pros - live and 24/7 - so you get the tax answers you need when you need them.
With TurboTax Free Tax Advice, you get:
Personalized service and attention: Specific answers to your specific tax questions
Phone advice: Speak directly to a qualified Canadian tax expert
Live chat: Talk to an experienced pro through our chat window
And yes, TurboTax Free Tax Advice is really free. There's no gimmick, catch or condition. It's free tax advice from friendly and experienced tax professionals.
TurboTax Accurately Guides You Step-By-Step To Your Maximum Refund. Guaranteed.1
Just like a GPS in your car, TurboTax literally maps out your return as you make your way to your maximum refund with these handy and helpful features:
Mapping icons: Know exactly what stage of your return you're in, and how far you need to go to finish
Set flags anywhere: Easily mark sections you need to revisit, so you can find them again later - without getting lost
Accuracy check: Double-checks your return for errors, helps you correct them and ensures every tax-saving opportunity has been found
What does this mean? It means that you can have confidence knowing your return is accurate. It means that you'll know exactly when one section is complete and you're ready to start another. It means that you'll know exactly where you are in your return, and how far is left to go. And it means that you're in control over how and when you prepare your return.
Business Tax Made Simple.
For Sole Proprietors, Unincorporated Businesses and Consultants & Contractors.
Small business owners know the value of hard work - after all, it takes a lot of effort to maintain a successful home-based business. And when you work for yourself, you tend to skip the coffee breaks.
That's why TurboTax Home & Business looks out for small business owners & contractors... so that you can save time and keep the filing process simple. Thanks to step-by-step guidance, including the EasyStep™ Interview, TurboTax Home & Business helps you easily & confidently prepare your personal taxes.
Plus, the Business Expert Interview highlights possible self-employment deductions - like your vehicle, supplies and utilities - as you answer plain-language questions. It's all part of helping you get every business deduction you deserve.
Business taxes don't have to be hard. In fact with TurboTax Home & Business, it's pretty simple.
Imports Data From QuickBooks.
You can import your QuickBooks incomeand expense data directly into TurboTax Home & Business.
By importing data from QuickBooks, you:
Enter less information than if you started from scratch
Lessen the room for errors
Save time while improving accuracy
You're Investing Now to Secure Your Financial Future.
We Get It. And We Can Help.
TurboTax Home & Business helps you calculate capital gains and losses, and includes tools to help maximize the tax benefits of your RRSPs, mutual funds and other investments:
RRSP Optimizer: See how different RRSP contribution amounts affect your refund or tax owing
The result? You can confidently complete even the most complex personal tax return - and benefit today as well as at retirement.
With TurboTax Home & Business, you can find deductions you may not even have known you were entitled to, which means less money owed or a better refund.
Should You Split Your CPP Income?
TurboTax Has The Answer.
TurboTax Home & Business features the CPP Sharing Optimizer, a handy and helpful tool which will help you decide if splitting your Canada Pension Plan income with your spouse will be beneficial for you both.
Rental Property Guidance: Get The Profit, Minus The Hassle.
Do you own a rental property? Or rent out a room in your home? Have you ever made repairs to your rental property? Rental properties can, and should be, a great investment opportunity for your day-to-day life & your future plans. Make the most out of your rental income by claiming every possible expense with TurboTax Home & Business.
TurboTax Home & Business provides extra guidance for rental property income, helping you determine eligible expenses and providing tips for refinancing.
Exclusive to TurboTax! The Deduction Toolbox.
With Power-Tools to Help You Get Back Every Penny You Deserve.
We're not exaggerating when we tell you that there are literally 100s of tax credits available for Canadian small business owners. You've probably heard about a few of them... but we're willing to bet you don't have enough time to go searching for all of them.
With TurboTax Home & Business, we'll make sure you don't overlook any of the deductions you're entitled to. In fact, we provide a built in A to Z list of possible deductions, including definitions, so you won't have to do any guesswork. And when we find a deduction you do qualify for, we'll walk you through exactly what you'll need in order to claim it.
Basically, we find the deductions... and you get the refund.
TurboTax Helps Optimize Your RRSP Contributions.
See how different RRSP contribution amounts affect your refund or tax owing with TurboTax's RRSP Optimizer tool. It helps you determine the optimum RRSP contribution amount for you and your spouse.
Then, you can contribute to your RRSP accordingly...and make the most out of your money.
TurboTax Handles Changes in Your Life.
Your life has probably changed over the course of 2011. Maybe you graduated university and got a job. Maybe you got married or started an RRSP. Much of what changes in your life can impact where you stand as a Canadian taxpayer... so TurboTax Home & Business small business tax software helps you make sense of it all by asking "real life" questions that translate to fields in your tax forms.
TurboTax Personal Tax Profile asks you simple questions about your life. As you answer, TurboTax determines what tax slips and receipts you have to enter, and automatically applies the credits and deductions you qualify for.
Carry Forward Last Year's Tax Data. (Including UFile® or H&R Block® Desktop Software.)
Save time entering data by automatically updating your current year's return with personal information & carry over amounts from last year's TurboTax return. Even better, you cut down on human error when you automatically update, so accuracy is ensured. You can import from:3
TurboTax desktop software for the 2010 tax year
UFile® desktop software for the 2010 tax year
H&R Block® desktop software for the 2010 tax year
That means that, even if you used a different small business tax software program last year, you can still use TurboTax and reap the benefits without re-entering data.
Do Your Return in Just a Few Clicks.
How? With the TurboTax Automated Tax Return.
Ever wish you could do your taxes in just a few clicks? With the TurboTax Automated Tax Return, it's almost that easy.
First, TurboTax imports your electronic tax slips from the website of your payroll and/or RRSP provider - or your epost.ca inbox. Then it automatically enters the right data on the right tax forms. You simply check over your return... and your taxes are done. Manual data entry is nearly eliminated!
Split Your Pension Income to Reap the Tax Benefits.
Reduce your taxes by splitting pension income with your spouse or common-law partner. Whether you have corporate pension plan income or income from a Canada Pension Plan, we'll guide you through how to distribute that income for best results. In fact, the Pension Income Splitting Optimizer will automatically propose the best distribution of your pension income (up to one half), which can help you & your partner pay less in taxes.
TurboTax Reviews Your Return Before You File.
All you should be concerned with is entering your information. Let us take care of double-checking your return and making sure everything is in order. TurboTax reviews your return before you file by:
Reviewing your return for errors before you file
Looking for missed deductions that you may qualify for
Pointing out money-saving opportunities you should take advantage of
Helping you get the biggest refund you deserve
NEW! Audit Risk Alert.
Once you've finished entering information into your return, the Audit Risk Alert will let you know if the tax claims you've entered may trigger a CRA audit. By letting you know of your potential risk for a tax audit before you file, TurboTax allows you to:
Make an informed decision about the deductions that you're claiming
Have professional representation at the ready by adding Audit Defence to your product
Red flags in your return can result in the CRA asking for more documentation, requesting an in-depth review or a full audit. With Audit Risk Alert, you'll have a better understanding of how the CRA will review your return before you send it.
File Online - The Paper-Free Way.
And Get Your Refund in as Little as 8 Days.
When you've completed your simple tax return with TurboTax Home & Business, save yourself a stamp and save a tree... by choosing to file with NETFILE2 instead of printing out your forms and mailing them in to the CRA. Many people who file with NETFILE get their refunds in just 8 business days.
To NETFILE, you'll just need an Internet connection and the online filing code the CRA provided on your T1 2011 personal income tax return package (along with your 2010 Notice of Assessment).
Audit Defence: Get a Professional on Your Side.
No one wants to get audited by the CRA, but that doesn't mean it can't ever happen to you (even if your return is 100% accurate). And if you do get audited, you shouldn't have to go through it alone. That's where Audit Defence comes in.
In the event that the CRA audits you, Audit Defence by Canada TaxResources Inc. connects you with an experienced tax professional who will:
Deal directly with the CRA on your behalf
Help to minimize CRA penalties, if they occur
Best of all, Audit Defence gives you the peace of mind that comes with having a professional on your side.
How Can You Get Audit Defence on Your Side?
Just add it to your TurboTax product from within your copy of TurboTax Home & Business. Some restrictions apply.4
As you may have guessed, all TurboTax products are built with the expertise of tax analysts & specialists - so you can trust that your taxes are done right. So there's no risk! And TurboTax also:
Includes the EasyStep™ Interview to walk you through your return in plain language
Checks your return for errors before you file - so you file the most accurate return possible
Comes with FREE phone, email & chat support5 and access to the online TurboTax Support Centre
PLUS! Get help from other TurboTax Home & Business users from within your software - with the TurboTax Live Community. Or use the TurboTax Online Community or Virtual Agent within TurboTax for quick answers to your questions.
