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The tutorial discusses QuickBooks self-employed as the lowest cost version of QuickBooks Online, designed for individuals in business without corporations who file their business activities in their personal tax returns. It suggests using QuickBooks simple start, QuickBooks essentials, or QuickBooks plus for LLCs or corporations. The video focuses on setting up QuickBooks self-employed, which is suitable for unincorporated businesses with simpler accounting needs. Check the link for a free trial of other QuickBooks versions.