What software is best for figuring out how much taxes to pay when you are considerd an Independant Contractor?

My wife is a Hair stylist in Iowa. We are looking for the best software to track her income, taxes, and deductions. |||Kiplinger's TaxCut, and TurboTax are the two more popular, reliable, tax software packages out there.





She should be setting aside roughly 30 to 50% of what she earns, to cover taxes. (variables would be if you are in a taxing state and city, and what your total household income is - which federal income tax bracket you are in)





15% of her profit goes to self-employment taxes. Then there's federal income tax, and then state and city if they apply.