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Started By
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Do your own taxes…or use a CPA?
Posted on 2/5/14 at 9:07 am
Posted on 2/5/14 at 9:07 am
I have always used Taxact to do my taxes, but I am thinking about getting a CPA this year.Does anyone know any good CPA’s? This seriously stresses me out! I don’t understand half the questions they ask on that damn website!
Posted on 2/5/14 at 9:07 am to Blondie
i have a cpa
mine is a guy i graduated with, i could ask him
quote:
.Does anyone know any good CPA’s?
mine is a guy i graduated with, i could ask him
This post was edited on 2/5/14 at 9:09 am
Posted on 2/5/14 at 9:08 am to Blondie
CPA - my taxes are way too complicated for me to do.
Posted on 2/5/14 at 9:08 am to Blondie
A good CPA is worth their weight in gold. I saved more than $4k last year using a CPA vs. Turbo Tax. Plus the peace of mind is invaluable.
Posted on 2/5/14 at 9:09 am to Blondie
depends on how complex your return is
Posted on 2/5/14 at 9:09 am to Blondie
Been using Mary K. Carleton for the last 15yrs - it is a breeze - wife and I are both retired.
This post was edited on 2/5/14 at 9:14 am
Posted on 2/5/14 at 9:10 am to Blondie
I guess it depends on your situation.
I used a CPA the year I got a huge bonus from work that wasn't taxed. Didn't want to file wrong.
That was the only year though. Don't own property or a bunch of deductions so using online programs works for me.
But if you have more complex stuff or itemize than maybe a CPA would be better for you.
ETA: Cost me $200 to use a CPA....that's cheap actually from what I've heard
I used a CPA the year I got a huge bonus from work that wasn't taxed. Didn't want to file wrong.
That was the only year though. Don't own property or a bunch of deductions so using online programs works for me.
But if you have more complex stuff or itemize than maybe a CPA would be better for you.
ETA: Cost me $200 to use a CPA....that's cheap actually from what I've heard
This post was edited on 2/5/14 at 9:11 am
Posted on 2/5/14 at 9:12 am to Blondie
i think that would depend on what type of/how many types of income, assets and liabilities you have
Posted on 2/5/14 at 9:14 am to Blondie
Mother is a CPA. Brilliant woman when it comes to doing taxes.
Posted on 2/5/14 at 9:14 am to Blondie
I've never done my own. CPA since 17 or 18. I forget. I want no tax worries from the gubment.
Posted on 2/5/14 at 9:15 am to Blondie
It's worth the $100 my wife and I pay to have a CPA do it
Posted on 2/5/14 at 9:20 am to Blondie
My cousin is a CPA so I send them to her.
Posted on 2/5/14 at 9:20 am to Blondie
Do it myself, but I'm still a student and have pretty simple/straight forward jobs...no need for a cpa.
Posted on 2/5/14 at 9:21 am to Blondie
CPA. Try to pass as little money as possible.
Posted on 2/5/14 at 9:35 am to Blondie
Both my parents are accountants, and still do my taxes.
I'm 35
I'm 35
Posted on 2/5/14 at 9:42 am to Blondie
You should bring tax returns for prior years (preferably 3 years) with you when meeting a CPA for the first time together with all of the pertinent information for the current year. A good CPA will spend more time with you trying to learn the relevant facts and circumstances (personal details) necessary to prepare your return than the time he will spend actually preparing your returns. If you plan on hiring a CPA for more than just your current return, then you should hire one you are comfortable with on an individual level since you will be sharing intimate information with the CPA over the years. So you might want to consider meeting more than one CPA before deciding who to hire.
Posted on 2/5/14 at 9:44 am to Blondie
I bet the money board would be a much better place for this question, since it's there and all
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