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phasic 01-08-2007 11:43 AM

Who does their own taxes?
 
Who does their own tax or goes to an accountant?

If you do your own what software do you use?

If you go to an accountant how much % do they take and is it worth it to you?

Any body use H&R Block?

wyldworx 01-08-2007 11:46 AM

My mom worked for the tax department here in aus, so yes i do. It not that hard, as once you have the gist, it doesn't really change all that much annually.

selena 01-08-2007 11:58 AM

I have up until this year. I got an accountant last summer, and she'll do them this time.

I can't tell you how much it will cost me, because the only thing I have been billed for thus far is when she did a will/trust for me. (she is also an attorney)

beckie 01-08-2007 12:16 PM

I use Quickbooks and print off the P&L to give to my accountant. She usually charges me about $200. If I had to give her everything (receipts, etc) and not the P&L, it would cost a lot more.

Dirty Dane 01-08-2007 12:17 PM

There are no money in pr0n so I pay no tax

Tom_PM 01-08-2007 12:21 PM

I have used HR Block online for years doing my own personal taxes. It's pretty straightforward. I've gotten a note a couple of times and an extra refund check when I've made some error or other, but I dont rememeber what it was.

The system lets you go back and forth and print everything out for review before you submit the final result. When I owe, I just pay it right there with my CC online.

Taxes themselves arent very hard to do by oneself, it's finding loopholes where you get to keep more of it legally where an expert would be worth the money.

phasic 01-08-2007 12:28 PM

Quote:

Originally Posted by PR_Tom (Post 11687331)
I have used HR Block online for years doing my own personal taxes. It's pretty straightforward. I've gotten a note a couple of times and an extra refund check when I've made some error or other, but I dont rememeber what it was.

The system lets you go back and forth and print everything out for review before you submit the final result. When I owe, I just pay it right there with my CC online.

Taxes themselves arent very hard to do by oneself, it's finding loopholes where you get to keep more of it legally where an expert would be worth the money.

How much do you normally have to pay H&R Block

eZe 01-08-2007 12:38 PM

I do my own personal taxes with software but my accountant does my corporate taxes.

PEcash 01-08-2007 12:58 PM

I'll do them for you for $200.00

edgeprod 01-08-2007 01:00 PM

Quote:

Originally Posted by phasic (Post 11686883)
If you go to an accountant how much % do they take and is it worth it to you?

$2,500 flat-fee.

ICQ me if you'd like his number, he does my personal taxes AND the company's taxes.

Himuro 01-08-2007 01:08 PM

I always ask someone to do my taxes, cause there is someone better than me to do that

born 01-08-2007 01:18 PM

If I was doing just a simple W2, I would do it myself... If you own a business, you should really use an accountant. For a % of how much this cost from an accountant, I know my accountant charges a flat fee for personal returns.

I would use an accountant over one of the fast return places, just to make sure everything is correct and the person doing the return has had more then 40 hours of class on tax returns.

Just my 2 cents.

b-

Tom_PM 01-08-2007 01:18 PM

I think HR Block online is like $45 for fed and state. Deductible on next years of course.

V_RocKs 01-08-2007 01:38 PM

I usually do them myself.

This year I will have an accountant do them.

Next year, if my business pretty much is a mirror reflection of this year, I will go back to doing them myself using the 2006 forms as a guide.


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