According to the National Society of Accountants, having a business tax return prepared by a professional can run on average $187, not including the state filing, and an itemized 1040 personal tax return with the state return averages $294. Due to the increased reliability of tax preparation software, business owners who do their own taxes can see a significant amount in savings. Fortunately, small business tax software makes it easy for owners to file their taxes, maximize their deductions and refunds, and avoid an IRS audit, all without having to hire a CPA. The only thing more stressful than filing a personal tax return is filing one for a business. Read our advertiser disclosure for more info. We may receive compensation if you visit partners we recommend. We recommend the best products through an independent review process, and advertisers do not influence our picks.
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