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Need your taxes done? Correctly and quickly?

  1. #76
    Posting Freak Jewcati's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by Mustang View Post
    OK, bump for tax year 2018! A fair amount of tax law changes this year.

    If any of you get a friend/relative/coworker outside of NESR to use my services as a new client this year, I'll give you a $25 credit (or refund) on your 2018 tax prep!
    PM incoming


    Sent from my iPhone using Tapatalk

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  2. #77
    I've been here before. Mustang's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Bump

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    Bill Cool --- NEMRR EX #8 --- 2023 NEMRR GTO Champion, 2020-21 LRRS LWSS Champion --- RSP Racing / TTD / MTAG-Pirelli / Woodcraft / Sportbike Track Gear / Seacoast Sport Cycle

  3. #78
    Senior Member cdseven95's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by Mustang View Post
    Bump
    Cost for S-Corp? No Business income only expenses this year.

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  4. #79
    I've been here before. Mustang's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by cdseven95 View Post
    Cost for S-Corp? No Business income only expenses this year.
    Unfortunately, I don't prepare S Corp returns anymore - only individuals and sole proprietorships.

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    Bill Cool --- NEMRR EX #8 --- 2023 NEMRR GTO Champion, 2020-21 LRRS LWSS Champion --- RSP Racing / TTD / MTAG-Pirelli / Woodcraft / Sportbike Track Gear / Seacoast Sport Cycle

  5. #80
    I've been here before. Mustang's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    OK, bump for tax year 2020! As in prior years, if any of you get a friend/relative/coworker outside of NESR to use my services as a new client this year, I'll give you a $25 credit (or refund) on your 2020 tax prep!

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    Bill Cool --- NEMRR EX #8 --- 2023 NEMRR GTO Champion, 2020-21 LRRS LWSS Champion --- RSP Racing / TTD / MTAG-Pirelli / Woodcraft / Sportbike Track Gear / Seacoast Sport Cycle

  6. #81
    I've been here before. Mustang's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    OK, bump again for tax year 2021! As in prior years, if any of you get a friend/relative/coworker outside of NESR to use my services as a new client this year, I'll give you a $25 credit (or refund) on your 2021 tax prep!

    0 Not allowed! Not allowed!
    Bill Cool --- NEMRR EX #8 --- 2023 NEMRR GTO Champion, 2020-21 LRRS LWSS Champion --- RSP Racing / TTD / MTAG-Pirelli / Woodcraft / Sportbike Track Gear / Seacoast Sport Cycle

  7. #82
    Lifer Garandman's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    What if you want your taxes done incorrectly? Asking for a friend.

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  8. #83
    Being A Dick PurplePackage's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Sell me on you vs Turbotax Home and Small Business

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  9. #84
    Lifer
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by PurplePackage View Post
    Sell me on you vs Turbotax Home and Small Business
    I'll do that, as CPA's are notorious bad at selling.

    Both my wife and I are CPA's, neither of us are tax experts. She does our return and a number of family returns through turbo tax.

    However, if some complexity begins to develop, she's quick to recommend greater expertise.

    The advantage of a live, local CPA is exactly that, live and local. Anyone who is working on wealth building over the long term needs:

    an independent investment advisor not on commission or AUM fees
    a cpa
    estate / gift tax expertise

    these don't have to be 3 separate people, but it's probably at least 2.

    These are investments in relationships and advice, not expenses for the "tangible" service.

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  10. #85
    Kosher Assassin Stoneman's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by Mustang View Post
    OK, bump again for tax year 2021! As in prior years, if any of you get a friend/relative/coworker outside of NESR to use my services as a new client this year, I'll give you a $25 credit (or refund) on your 2021 tax prep!
    That credit should be adjusted for market conditions!

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    Did you grit your teeth and try to look like Clint Fuckin' Eastwood?
    Or did you lisp it all hangfisted like a fuckin' flower?

  11. #86
    I've been here before. Mustang's Avatar
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by PurplePackage View Post
    Sell me on you vs Turbotax Home and Small Business
    SteveM answered it well, and I'll add my two cents anyway:
    Quote Originally Posted by Mustang View Post
    If you're an EZ filer, it honestly wouldn't make much sense for you to have your taxes prepared by a CPA if you'd rather use some software. However, "you" could always make a mistake when answering the questions the tax software asks (or just skip it because you don't understand it), and/or fatfinger a key, and/or miss a deduction/credit because the software didn't ask you the question. Having a CPA prepare even your simple return brings actual logic (vs. programmed logic) into the equation. As lives get more complicated and returns get more complex, it makes more sense for many people (who don't otherwise have the time, patience, or desire to fully understand the tax regulations) to have a CPA prepare their returns to ensure the lowest tax burden possible.
    Additionally, while TurboTax, etc, usually have a call center you can use if you have questions, or an H&R Block office you can visit, the person helping you is frequently just a person trained in using that software; not one trained in preparing tax returns.

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    Bill Cool --- NEMRR EX #8 --- 2023 NEMRR GTO Champion, 2020-21 LRRS LWSS Champion --- RSP Racing / TTD / MTAG-Pirelli / Woodcraft / Sportbike Track Gear / Seacoast Sport Cycle

  12. #87
    Lifer
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    Re: Need your taxes done? Correctly and quickly?

    Quote Originally Posted by Mustang View Post
    SteveM answered it well, and I'll add my two cents anyway:

    Additionally, while TurboTax, etc, usually have a call center you can use if you have questions, or an H&R Block office you can visit, the person helping you is frequently just a person trained in using that software; not one trained in preparing tax returns.
    Good tax guys are priceless, when I was a CPA audit manager, I developed a VERY effective way of increasing my tax competency, ALWAYS buy a couple of rounds for the tax department.

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