Turbo Tax Home and Business 2007 in Depth Review

My husband and I own three small businesses in two different states, and I've used Turbo Tax Home & Business for over six years and absolutely love it. Our taxes can be a nightmare...there are receipts here and receipts there; money coming in and money going out, and it takes at least two days to gather everything together so I can input the financial records into Turbo Tax. And then, the easy part begins.

Turbo Tax is extremely self-explanatory as the Turbo Tax Home and Business Program asks questions as you click your mouse. It's very similar to going to a tax counselor, but with Turbo Tax you get to do this in your own home. The questions that Turbo Tax asks are more in depth than going to a face to face meeting. You can also go back and answer the same question again in case you made a mistake or misjudged your deductions. For example, you misjudged your charitable contributions. Just go back into the program and change it with one click. This can be difficult to do if you're paying a tax counselor for their services. With Turbo Tax, you don't have to make a phone call to adjust this amount with the tax counselor, and you don't have to start up your car and go to someone's office. You can literally do your taxes in your pajamas, at four o'clock in the morning, or outside on your patio while you sit in your shorts and drink iced tea.

Turbo Tax also has the advantage that you can work on your taxes for a brief period of time, save them, and then work on them again in your leisure. You don't have to do your taxes all at one time.

With Turbo Tax, you have the option of answering questions via the interview method or entering items directly on the tax forms. Turbo Tax will check your return for errors and also alert you to any kind of audit risks. I recommend the interview method because Turbo Tax asks every question imaginable about your deductions. If I realize that the answer I typed in was wrong after I've completed my taxes, this is when I directly type it into the form. It seems to be easier that way.