Can I do our S-corp taxes using Quickbooks 2008 and Turbo Tax?

You need to use TurboTax for Business. It has the 1120S (plus others). Quickbooks will export to it if the proper Tax categories have been used.

Most businesses use the services a professional to prepare their Federal and State corporate returns. The IRS is far too busy auditing the returns of those who skirt around because they are easy pickings.

Have to agree with Allan on this one. My sister is a CPA worked for years at Hughes then for her husbands business and always paid a tax professional to do the taxes. They to the classes to keep up with all the crap the IRS comes up with constantly.

You'll wind up paying more in the long run! If you tax return isn't complicated, it shouldn't cost too much. Ask around for referrals. OR if you're set on doing your own, at least pay someone to review them for you.

Michelle L. Long, CPA, MBA Author of: Successful QuickBooks Consulting: The Complete Guide to Starting and Growing a QuickBooks Consulting Business