Beginning December 2021, Intuit will make TurboTax Business available to Partnerships (GP, LP, LLP), S Corporations or Multi-Member LLC small businesses with a single-state filing for Tax Year 2022.
These small businesses will be able to select either full service or assisted tax services through Intuit's new TurboTax Business Live.
This new offering is designed specifically for small businesses that are:
- Filing as a Partnership (GP, LP, LLP), S Corporation, or Multi-Member LLC with a single-state filing only
- Have been in business 1 to 3 years
- Have previously done their business taxes on their own and are who are not currently connected to an accountant
TurboTax Business is designed for the needs of incorporated small business owners who must file their taxes as an S Corporation, Partnership (GP, LP, LLP) or Multi-Member LLC. TurboTax Business pairs small businesses with a specialized business tax expert who will do their taxes for them from start to finish.
A small business using the service will upload their business tax forms and it will find the right expert for them. The small business will meet on a video call and they will take the process from there.
Through TurboTax Business, eligible small businesses will be matched with a TurboTax Live expert that best meets their needs.
Intuit's business tax experts have experience and a depth of knowledge in incorporated business taxes. They are tax experts who can assist partnerships (Form 1065), S Corporations (Form 1120S) or Multi-Member LLC businesses.
Intuit's tax experts have an average of 16 years of experience. When a small business is connected with a business tax expert, they will be able to see their specific credentials and experience.
In addition, Intuit's tax experts stand by their work and proudly offer personalized service. Every return filed with TurboTax Live is backed by Intuit's Expert Approved Guarantee.
In preparation for this new service, TurboTax has launched this official Intuit website outlining the product offering where small businesses can sign up or indicate their interest.
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