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Who does your taxes? You, or an accountant?  email this discussion to a friend?

myLot reputation of 92/100. ORyansBelt2012 (2111) 3 years ago

I used to take my tax stuff to a tax preparing company. It was too complicated for my feeble and spineless brain. I did this until I had a $190 return and my fees were $185. I said, no more.
No I have one of those online packages. I save $150 and I can do it from the comfort of my home. It's not too compliated either... even if you have lots of things that you think an accountant would need, like mortgage interest, business expenses from your job or small business, tuition, stuff like that. It really is easy.
So who does your taxes... you?... or "your people"?

 

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tags:  taxes, tax, tax preparation, income taxes, irs
 
1. myLot reputation of 93/100. angela_allen (322)   ranked 2,049 out of 32,944 in life   3 years ago

I do my taxes online using EZ Tax Return. I used to do my own and mail it in, but when you do it online it goes directly to your bank account in less than 3 weeks. I think I paid $40 last time I did it.

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2. myLot reputation of 82/100. spalladino (11857)   ranked 439 out of 32,944 in life   3 years ago

After I graduated from high school and started working full time parents taught me how to do my own taxes when tax time rolled around. It wasn't difficult and I've been doing them myself for over 30 years. Along the way I took some accounting courses in college and became comfortable enough to do business taxes. A lot of people are intimidated by the IRS though and are too afraid to do their own takes "incase" they are audited. I feel bad for them because they are being ripped off.

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3. myLot reputation of 85/100. cowgirljess (169)   ranked 3,651 out of 32,944 in life   3 years ago

I used to do my own, but my mom is a bookeeper so i just let her do them. She does oeverything on the computer and in no time flat.

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4. myLot reputation of 94/100. Savvynlady (3176)   ranked 1,139 out of 32,944 in life   3 years ago

There is a check exchange that also doubles as a tax preparation place during tax season, and for the past couple of years, we've been doing business with each other ever since. It works for me.

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5. myLot reputation of 99/100. sumofalltears (2673)   ranked 561 out of 32,944 in life   3 years ago

I do my own taxes and my of my friends taxes as well. I understand them quite well and of course being a book keeper and accountant makes it easier. I file on line and have my money deposited into my bank account.

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6. myLot reputation of 95/100. LittleMel (7630)   ranked 264 out of 32,944 in life   3 years ago

I have an accountant do it. I used to do it myself but now with the business I need to make sure I'm not leaving out anything. My accountant also gives advices about anything financial we ask him. It helps because we'd rather focus on earning money and saving rather than sitting down do tax calculation. He doesn't charge much because I enter all the data periodically, he only have to do year end tax return for both of us.

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7. myLot reputation of 96/100. book1962 (16793)   3 years ago

hi, you remind me I still have to do the taxes, with this post, We can do them till May 31 so I have enough time to do them I hope. I will not get any back I think, as I pay a bit beforehand every 3 months...... sigh.
I do the taxes myself because I dont want to pay an accountant to do them for me when I know I wont get much back anyways if any.

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8. myLot reputation of 100/100. schulzie (2453)   ranked 85 out of 32,944 in life   3 years ago

My husband always does our taxes. For a while he was a tax preparer so he knows what he is doing. We always use an electronic filing software and submit them electronically. I just can't get over how much tax preparers or places like H & R Block charge. I don't really think you need an accountant or anything like that unless you are earning tons of money or have a business or something. That is just my opinion though.

Have a great day and happy myLotting!!!

happy

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9. Jellberlee (25)   ranked 21,182 out of 32,944 in life   3 years ago

Ever since I was 16, I've always had H&R Block do my taxes. Even this year I had them do it... well, due to complications with my taxes I had to go down to the local IRS office. I don't know how many people know about this, but your local IRS office (if it's like mine) will due your taxes there for FREE and you can have your refund in 8-10 days. I think I'll be doing that next year since H&R Block charges me $350+ every year.


myLot reputation of 68/100. chimrani (793)   ranked 4,706 out of 32,944 in life  3 years ago

iam commerce student and makes my own taxes but i don't pay taxes

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10. myLot reputation of 55/100. msmargo (361)   ranked 7,830 out of 32,944 in life   3 years ago

I have been doing my own taxes since I began to work. It was really easy back then. Now it is so much more difficult. I own property, I inherited stocks, I have an ira, etc. I hate to pay to have someone do my taxes. My bf paid H&R Block $350 to do his taxes (I offered to do it for free) and they made a mistake. Took it forever to be corrected. But they waived their fee.

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sponsors
Become A CPA
Prepare For The CPA Exam. Double The Pass Rate. Success Starts Here.
www.ais-cpa.com
Taxes Made Easy!
Get start on taxes Early this year
AccurateAccountingOfTitusville.com
Fast and Easy
Federal and state returns cheapest on the web!
www.papeleoinc.com
Put an End to IRS Trouble
Owe the IRS over $10,000? Settle Your Back Taxes for Less Than You Owe
www.TaxDebtReliefNow.com
Tax Preparation Services
Check Out Local.com For All Your Tax Questions And Needs!
Local.com
Free File Taxes
Don't Waste Money On Tax Filing. File Free Online & Get Your Refund Now
oltpro.com
Ask a Tax Advisor Online
8 Tax Professionals Are Online! Ask a Question, Get an Answer ASAP.
Tax.JustAnswer.com/IRS
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