Do you prepare your own income tax returns or pay a professional to do it?
I jsut went through the ordeal. We tried Turbo Tax this year, and the fee was only $65.00, as opposed to $300 to 400 for a non-CPA and who knows how much for one of those.
Mine are very simple so I use Turbo Tax. When I start making "the big bucks" on hubpages, I'll have to hire a pro
I do my own. Too stubborn to pay someone else. Besides, it's like a math problem and I actually enjoy the mental challenge.
Have you ever thought about how silly it is to have to pay someone to decide how much money we must pay in taxes? Some would call this insanity. Perhaps our tax codes are too complicated?
Never did like math, but the computer program helped.
I owned a small business and the tax laws are far beyond my capability because they change every darn year. I sold the business so last year will be the last time I have to file all those extra forms that go with owning a business. Next year, I will most likely be able to just do it myself.
We use a pro, we had some complex issues when my husband was still working for the church, and we just kept using the same person. It runs about $125 but we've been very happy. (well as happy as you can be doing taxes!)
I've done my own taxes mostly all of my working years - I have had help from a family member, a friend or to call the 800# or go on-line for more explanation. State Taxes are the more tricky and without fail every year I get angry and cuss something vicious. I wonder if in the future - everyone will have to file on-line and no more paper forms mailed in?
I've used the same CPA for every filing year from 1992 forward. Prior to that, I did all my own except for one year (when I was in my early twenties). We used H&R Block that time, I found errors in their work, and that was the end of that. The last year I did my own (1991) was fairly complex, since my soon-to-be-ex and I had a small business with a large income and two different states of residence, plus a few other quirks. For that one I used Turbo Tax, but had to explain to my lady's accountant (we were filing as Married Filing Separately that year) why I'd done what I'd done. My spouse couldn't follow my reasoning, but the accountant could.
In 1992, after a 3 year search for a good one, I was fortunate enough to make contact with a South Dakota CPA who's handled the paperwork ever since. And this year (2012 income), was I ever glad...because I'd have never in a million years gotten it right. Our $$ situation is not THAT complex, but we get some royalties from mineral rights in North Dakota, and the number of forms for this and forms for that...daunting to the max. The filing copy for our records drawer was something like 3/8" thick.
I like Turbotax on line, versus the yearly one that you can buy. When my taxes were complicated a few years back, it worked out very well, at a very affordable price. If audited, they will even go to bat for you. They even ask questions on line, to make certain that you are doing the right thing. I have been using it ever since, and plan on it again this year. I have even less time to deal with my own this year.
by Holle Abee 5 years ago
McCain released two years of tax returns. Reagan released one. Romney has released two. It wasn't a big deal with McCain and Reagan. Why is it now?http://factcheck.org/2012/07/romney-and … precedent/
by Credence2 5 years ago
In recent history, every presidential contender has had to show the American people that he or she conducts their affairs in an open and honest way. Mitt Romney is not the exception. His resistance to releasing these returns, as encouraged by many in his own party, creates a reason to believe that...
by Dr Billy Kidd 5 years ago
The Senator from Nevada, Reid, says a Bain Capital employee told him Mitt Romney did not pay taxes for 10 years. If this proves to be true, does this change anything? Won't some people simply regard Romney as more of a hero, wishing they could do the same thing.
by ElSeductor 5 years ago
I am astonished that people have put aside Mitt Romney's campaign simply because he had a better delivery style than Obama during the debate.
by IslandBites 22 months ago
“I am the king of debt,” Mr. Trump once said on CNN. “I love debt.”A New York Times investigation into Republican presidential nominee Donald Trump's US real-estate holdings revealed that companies he owns have at least $650 million in debt — twice the amount that Trump's public filings,...
by ahorseback 15 months ago
Trump - 25 %Obama- 18%Clintons- 19%Sanders- 13%Liberals don't seem to like numbers , facts and truth at all ;Liberals everywhere LOVE to celebrate the Income Tax stands , income inequity , and general rhetoric of wealth distribution, re-distribution in...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|