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QuickBooks wins again … sigh

January 5th, 2009 · Comments

As the tax season approaches, I am starting to look for tax and accounting software for myself and CueSense. I used QuickBooks/TurboTax for my first startup Enmatic, but found Intuit’s pricing very monopolistic, especially for TurboTax. So this season I hoped I would find a better deal for small business software and did a bit of research. Result? Nothing really changed in 5 years since I bought my last copy of QuickBooks. If you want your accounting and tax software to work together, you are left with few choices (just one actually).

SAGE has Peachtree ($260), and there is MYOB ($300) and Microsoft’s Small Business Accounting ($199), but what do I do when I need to transfer my books onto the 1120 form? 

TaxCut from H&R Block has a Personal + Business deal for $80, but it only imports from Quicken and MS Money. TaxAct is even cheaper (Home + Business for $45), but it does not import from any  small business accounting software. Only QuickBooks ($180) and TurboTax ($110 federal business return + $50 for Premier personal … ARGH!) seem to be a viable option. 

Can someone please learn the QuickBooks API and build a bridge to H&R Block’s TaxCut. I’d pay $10 for a working copy.

Tags: Rants

 

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