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Others say...
"As Always Dependable" TaxCut has always been my first choice and still is! I found the business software not quite as helpful in explainations as the personal software is. I still had little difficulty in finding exactly what I needed by using the help menu and going to the IRS site link inside TaxCut.
"fiduciaries beware" TaxCut is cheaper than TurboTax, and it worked fine on Form 1040. However, it has a number of bugs for Form 1041, and I had over-ride a number of values to get the K-1's to come out right. If I had been less familiar with the rules I would have been in trouble.
"Still clunky." Still a clunky interface compared to TurboTax. Had to get both this year as TurboTax didn't have one of the forms I needed. In TaxCut Home & Business you actually have to install 2 programs from 2 CDs. They almost seem like they're written by 2 different companies and the Businss one seems to be buggier. All I get is the welcome screen and thne the program disappears. Have had to reinstall several times.
"2006 Tax Cut Home & Business" Home portion has a good interview process. I've done 7 different returns for the family all worked smoothly. A couple of the returns had fairly complicated items, all worked great.
Also, did my 1120 C-Corporate return. The Federal interview was easy. I have a NOL and Tax Cut handled it properly. The state return had no interview and was slightly more difficult to complete.
The program came with one state for home and unlimited states for business.
"Home is good, Business needs some work." The Home version of this program is very good, perhaps 4 or 5 stars. The Business version is a little buggy. I woud give it 2 stars for an average for the product of 3 stars.
If you know what you're doing you won't have a problem. The Business program isn't set up to handle large screen fonts, formatting will be off but you can figure it out. In addition you can't import last year's data unless you actually have the last year's version installed. No way am I going to keep tax software on my computer once I've filed!
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Buy Cheap Software Now!
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H&R Block Taxcut 2006 Home & Business + State
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List Price : $79.99
Our Price : from $8.99
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Why I buy this one ?
- Your complete tax solution to prepare your personal and business tax returns
- Perfect for sole proprietors and small business owners
- Also includes H&R Block DeductionPro, a free consultation, and WILLPower Software
- Backed by the experienced tax professionals at H&R Block
- Worry-free Audit Support - H&R Block is there to help in the rare event of an audit
It's better to buy this one too... H&R Block Taxcut 2006 Premium Federal + State + Efile details..
|  H&R Block Taxcut 2006 Premium Federal + State with USB 256M FlashDrive details..
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What our customer's say!
"Re-installs worked!", My computer crashed right in the middle of preparing both a personal and a business (S Corp) return with this product. Fortunately, I had back-ups of the data, but needed to reinstall the software on a different machine. Having tried something similar with Intuit's TurboTax products a couple of years ago, I expected the worst (i.e., having to buy new copies, or at least pay to re-download the state forms)--so I was totally shocked when the reinstallations and re-downloads took only a couple of minutes and posed no problems.
As other reviewers have said, both programs are somewhat buggy so you do have to manually verify that calculations, etc., are correct. However, these products are no worse that the TurboTax products in that regard--they may even be slightly better. In terms of value and ease of use per dollar, the TaxCut products are the hands-down winner.
"Personal tax preparation fine; business tax return horrid", First, let me state that the personal tax preparation program is great. I would give it five stars. My personal taxes are complicated and yet the program still was easy and intuitive (my 2006 return was close to 100 pages, including 5 partnerships, a sole proprietorship, rental real estate, interest or dividends from 10 accounts, and hundreds of stock transactions).
That being said, I bought this program so that I could do my LLC (partnership tax return) return as well as my individual return. The business program was separate. It crashed multiple times (over 12 times total). The radio buttons didn't even line up with their descriptions, so it was hard even to complete the interview. Also, it would have been nice if the program explained how to deal with startup expenses (which, by the way, not even the IRS could explain to me; I had to go out and find an enrolled agent who told me how to deal with them). Doing my return should have been easy--my LLC is a simple business with no inventory and cash accounting. But Tax Cut Business turned it into an ordeal.
"Customer service stinks!", The product is ok, but I am a tax professional and know where to put things. I have used Turbo tax in the past and prefer it greatly over this product. Also, I was needing to get Cd's to update my program due to trouble with my internet connection and was told that the business updates wouldn't be available until after March 30... Corporate tax returns are DUE March 15th. They were very unhelpful and rude!
"New Jersey Residents Beware", Do not use Taxcut if you live in New Jersey and are expecting an Earned Income Credit. Bugs in the software mistakenly grant you this credit and file an erroneous return. The State disallows the credit Taxcut gave you, resulting in a bill from the state for the balance. NJ allows the credit only for total incomes of less than $20,000. You may file expecting a refund and end up owing more tax. Unforgivable from a company of "Tax Professionals" like H&R Block.
"Decent - But Not as Good as TaxCut's Nonbusiness Product", TaxCut arguably makes the best personal tax software products available (yeah I'm saying it IS better than Turbo Tax - I've used both - plus, it doesn't load sneaky programs onto your PC like Turbo Tax did). However, their business version isn't as refined. The interview process is limited (you need a working knowledge of filling out the various tax forms). You get the sense that Tax Cut expects most businesses to use a tax professional and they threw this product out there just so they would have an entry in the business tax software category.
However, it is definitely usable and worthwhile for those that do their own business taxes. The only SERIOUS drawback is that it lacks efiling. You must print out the forms and mail them in. This all but ensures that the IRS will make errors as they manually transfer the figures from your forms into their computers. Come on H&R Block, add efiling to this product (please).
You might need this... H&R Block TaxCut 2007 Home & Business + State + e-file (Win) details..
|  TaxCut 2005 for Business + Business State [Old Version] details..
|  H&R Block Taxcut 2006 Premium Federal + State Win/Mac details..
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 TaxCut 2005 Deluxe + State [Old Version] details..
|  H&R Block TaxCut 2007 Premium Federal + State + e-file (Win/Mac) details..
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Read this reviews before You buy...
"I bought by mistake: no help with Schedule C Sole Prop.", Although I knew that in my state, my new Limited Liability Partnernship income would be submitted on Schedule C, I bought the Business version, thinking it would help me with my first business submission. Wrong. This package does NOT help in any way with Schedule C business expenses: it just refers you back to the Premium edition, which wasn't all that helpful, either (I expected more). I may have to hire an accountant after all.
"Best Business Tax Program", Once you know how to use this program it's the best out there. I used this program for 4 years and wouldn't do without it.
"Taxcut Business Defective", I purchased Taxcut Business 2006 because I have several 1041's to file for some trusts my family has. Unfortunately the program turned out to be defective as it would not install on my computer because I only have a hard drive designated as F. There is no C hard drive on my computer. This is the first program that I have ever had a problem with. As it is supposed to be a business program it would not seem unreasonable that a business computer may have several hard drives and it may be desired to install the program on something other than C. After calling, and a lot of waiting, the technical support many times no one at TaxCut seemed to be able to offer a solution. Several times they said they would call back but after 3 weeks no one has. I also sent several e-mail messages to their technical support but never got anything back except a standard canned message. If the inside of the program is as bad as the installation seems to be I now have missgivings about using this program. On the basis of my experience I would recommend not buying TaxCut - go to Turbotax or something. It may cost a little more but would probably be more dependable.
"An "all-inclusive/every form possible" but buggy and brittle", If you want a cheap, all forms (1120, 990, 1065, W2s,1099s etc) of every shade and color, then this is your program. Warning though, it is brittle and will wipe out a return in process if you are not careful. Hit the "save" button often. Somewhat cumbersome to use on top of that.
Printing returns caused printing problems so I used their option to print in pdf format and then printed off of my Acrobat program. May be a memory problem of my machine.
A cheap solution if you only need to prepare a few returns. A 2 star program rated 4 stars based on inclusiveness and price.
Update: a few problems in running program, now the downloads appear to have everything working right...early April.
"Disappointing import", Have used taxcut premium for many years. With a new small business moved to taxcut home and business. Very disappointed to discover that Taxcut Home & Business will not import last years data from Taxcut Premium. I expect products from the same vendor to have seamless transition. After all this was not a switch to Turbo Tax. I'm sure it's a great program but who wants to manually reenter all their information. Will drop back to Taxcut Premium and will not use Home & Business this year or again.
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