sharke
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I use Quickbooks for my payroll.
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I wouldn't BEFORE you talk to a REAL accountant to suggest how/what you need to do for your business/taxes.
I used it for the folks I did their book keeping for about 8 years. It was SIMPLY a piece of software to organize the information, from the deposits, to the checks written, to the expenses and all that. I setup the categories for each expense according to the Schedule C and at the end of the month did a report, and each quarter pulled out the Payroll Taxes information and made sure that the checks and payments were made!
At the end of the quarter a copy of it went to our accountant, and in all that time, we never had to amend any of these reports.
Most professionals do not use that kind of software. AND, it was not designed to be used by professionals, either! The software is way too top heavy for the crunching systems used in most accounting offices!
As for cost, my mom's costs about $6k per year! And the Tax portion is another $8k per year ... BUT ... they have updates almost weekly and these programs are tight ... and GOOD! AND NOT FULL OF STUFF YOU DON'T NEED!