When it comes to small business taxes, selecting the right tools can make all the difference. Among the many tax software options available, TurboTax stands out as one of the most popular choices for business owners in the US and Canada. Filing your federal income tax return depends largely on how your business is structured—whether you’re operating as a sole proprietor or through a legal entity like an LLC or corporation.
Each type of business entity requires specific tax forms to report incom
