Your Taxes!

Here in the US, tax season starts in January and ends in April… not sure of the deadlines in other countries…

so you US/Canada/european ppl…how do you do your taxes?

Do them yourself?

Go to an accountant/CPA firm

go to private tax firms like H&R block/Liberty Tax/Jackson Hewitt?

go to IRS-sponsored sites?

Or just don’t do em :smiley:

Re: Your Taxes!

Self........TurboTax

Re: Your Taxes!

Accountant/CPA

Re: Your Taxes!

Turbo Tax for me too.

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so u guys feel pretty confident in doing your own taxes and aren't afraid of making msitakes or getting audited?

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Unless you own a company or something else differently .. Most peoples taxes get done automatically by the state!

You've to fill out a paper in the beginning of each year, stating your income etc etc. If you do it, you get Taxfree bonus accordingly. If you write up a higher salary to have a higher bonus pr. month - then you're going to hate the month of march, as thats when Tax comes after you for their money!

Which reminds me, I'm expecting to get a refund this year yay :D

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Turbo Tax offers a peace of mind warranty which I buy every year. They say if you get audited they will provide you a return review free and expert help to face that audit.
Plus I have pretty straight forward tax return. I do not do any hanky panky so what should I be afraid of ?
I am not hiding anything or trying to cut any corners.

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accountant/financial planner

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What country are you in?

Glad to hear that!

Good!
I wrote this in the othre thread in the $$ forum that if it's a complicated situation, best bet is to go to an accountant/CPA...would NEVER recommend H&R block etc

Re: Your Taxes!

If your taxes are straight (aka one pay cheque), There is almost 0% chance to go wrong even though systems cant be made fool proof. When i was in US, I did my taxes online (HR Block) for around 10-12 years without any problem.

You need help of adviser when you have self income to declare.

btw, H&R block also provide individualized business/complex taxes services.

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Have pretty complicated returns (rental income, stocks, options etc) - use turbo tax premium and love it :)

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My dad has an accountant do all our taxes. I just hand him all my T4s and he takes care of the rest.

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accountant

i am tax consultant. we have our own cpa practice.

consultants of h& r blocks arent even qualified. just need to do 14 weeks course. yet they charge alot.

so you should go to proper accountant/ tax agent.

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up until now i did it myself

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Mine is pretty straightforward so it is doable. My dad's is a lot more complicated but he has been doing his own for years also.

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:crying: at the reminder of tax season