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taxes, taxes, taxes

Discussion in 'BBS Hangout' started by Gummi Clutch, Jan 17, 2005.

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  1. Gummi Clutch

    Gummi Clutch Contributing Member

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    How do you do your taxes.
    I've been doing my via the EZ form, but Im not sure if I will qualify for that this year.
    I heard if you file via Turbo Tax software that you could get your return in DAYS!!!
    I don’t want to sacrifice much of my return like going to H&R Block.
    Can someone give me some ideas?
     
  2. MadMax

    MadMax Contributing Member

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    2003 i used turbo tax

    2002 i used an accountant.

    it's much better to use an accountant if your income came from sources other than just straight salary...or if you have odd deductions.

    last year...after using turbo tax...i still wondered if there were deductions i was missing or not considering.

    i did add an extra exemption this year with my newest son!! woo hoo!! :)
     
  3. codell

    codell Contributing Member

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  4. DanHiggsBeard

    DanHiggsBeard Member

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    TurboTax.

    It's very easy, and I get my return back in like 5 days.
     
  5. 4chuckie

    4chuckie Member

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    If all you have is w-2 income just use turbo tax. it works fine.

    Like Max said if you have other income (self employed for example) and you don't understand what is deductible see a tax professional.

    Word of advice - A tax professional is not a seasonal employee at H&R Block, Jackson, Hewitt, etc. All those folks have done is taken 20 hours of class room work and been taught the basics. Go see a CPA to be safe, ar at least an experienced tax preparer.

    If you do want to goto H&R Block call and schedule an appointment with the most experienced preparer they have in the office (usually the office manager).
     
  6. Lil Pun

    Lil Pun Contributing Member

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  7. MadMax

    MadMax Contributing Member

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    great advice...worth restating again. if you have serious questions and not just a standard salary income, do NOT take it to someone like H&R Block.
     
  8. Harrisment

    Harrisment Member

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    We've been using Turbotax.com for the past few years. Last year was the first time in my life that I actually had to pay taxes, that sucked. Hopefully I'm getting a refund this year.
     
  9. ROCKSS

    ROCKSS Contributing Member

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    Accountant
     
  10. SamCassell

    SamCassell Contributing Member

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    I can understand if you've got alot of deductions or alternative forms of income, but if all you're looking at is the W-2, a 1040, and the standard deduction, why would you waste money on turbotax or a CPA? The forms aren't that difficult...
     
  11. Gummi Clutch

    Gummi Clutch Contributing Member

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    ^^^
    because I would be willing to spend a few bucks to get my return back in 5 Days!:D
     
  12. drapg

    drapg Member

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    I work for a tax consulting firm. I hate this time of year!
     
  13. DaDakota

    DaDakota If you want to know, just ask!

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    I got a guy.....
     
  14. MadMax

    MadMax Contributing Member

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    not that there's anything wrong with that.
     
  15. DaDakota

    DaDakota If you want to know, just ask!

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    :)

    Man, I miss Sienfeld....I got in a quote that no one has recognized yet in the Plasma thread.

    DD
     
  16. rrj_gamz

    rrj_gamz Contributing Member

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    Turbo Tax rules...Very easy and somewhat inexpensive...Even though I itemize and my ex has a business, it's perfect...
     
  17. AsianBoy

    AsianBoy Contributing Member

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    If you guys need a great CPA called Thuy Nguyen at 281-879-8588. She is located on the intersection of Wilcrest and Harwin. She has been doing my taxes for years. Great tax advice. She is pretty inexpensive for a CPA.
     
  18. Isabel

    Isabel Member

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    people are doing taxes? They're not due for another 3 months! :D
     
  19. Jeff

    Jeff Clutch Crew

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    Accountant

    When you co-own a business, it gets WAY too complex for Quicken. :)
     
  20. 4chuckie

    4chuckie Member

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    I'm a CPA and I love it. Actually love the money but hate the hours for the next 12 weeks.
    Definetely much different working in a partnership rather than working for a firm. Alot of firms it seems like you work your butt off and then don't get paid the bonus until the end of the year. When you do the work yourself and get teh check in hand, it's a wonderful feeling! :)
     

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