Designed as professional tax software for small business owners, this downloadable Windows version of H&R Block 16 Premium & Business offers tax advice as well as deductions geared towards businesses, and will help guide you through preparing and e-filing business and personal returns. To process federal and state returns quickly, it can automatically import the data from your W-2, 1099, and last year's tax return that was created in TurboTax or Quicken. When compared to the Premium version of this software, additional features include free included e-files for most business forms, the preparation and filing of S corporation, partnership and LCC, estate and trust, and non-profit tax returns, the ability to create payroll (940 & 941) and employer (W-2 & 1099) forms, the itemization of vehicle deductions, depreciation, and business expenses, and the inclusion of unlimited business state programs.
During the process, if you have any questions, H&R Block offers unlimited tax advice from experts via online chat. Once finished, this software automatically checks your return for accuracy to avoid audits. If you are audited, an H&R Block tax professional will represent you at no extra cost. The Premium & Business version includes one state download and five federal e-files that may be used for your personal taxes.