My accountant has disappeared from the face of the earth... (Or at least she hasn't returned my calls for the last two months) so I have decided to file the taxes for my small business myself... I would like to get a bit of startup help from you guys in order to do it. On May 2006 I incorporated an S corporation in Florida, I have a tax ID number, etc. the primary business activity of my company is Information Technology Consulting; an example of my work: A person needs computer help at home, so I visit the person, repair the computer and charge an hourly rate. The last thing I heard from my accountant is that she filed an extension for my company so I don't have to pay until September 15th 2007. Since May last year (when the corporation was created) until today, my net income from it has been around $10.000. My company has 2 credit cards which have transactions related to my business (purchase of computers for later resell, gas for my car, etc) and a checking account. So, I guess my questions are:
Where do I start? Which forms do I file with IRS?
Do I have to file state taxes in Florida?
I have been reading about Intuit TurboTax for business, do you think it would be worth purchasing it to file with it? If so, should I get the state version as well? I REALLY appreciate your help and any additional advice that you may give me. David