Re:Ask HN: How do YC startups handle company taxes?
by eltonlin on Monday March 18, 2024 @07:09AM
(#39742476)
I read this too late! I already paid for Taxfyle for this year's Form 1120, they cost around $500. Would you recommend me to switch to Intuit next year for 2025, and why?
[ Parent
| on HN ]
Re:Ask HN: How do YC startups handle company taxes?
by alvivanco on Monday March 18, 2024 @07:23PM
(#39751264)
I've never used Taxfyle, so I can't speak on that -- but given the price, you got a good rate. Intuit Turbo Tax is likely the same product, so there's no "incentive" to switch really -- as long as you are getting what you need.
I recommended TurboTax because that is the one I am familiar with, and the alternative is SMB accountants that sometimes will charge you $2.5K to file corp tax. Depending on the size/complexity of your biz, it's not always worth it.