One thing that I notice that a lot of plain vanilla tax preparers do is promise “audit defense” or to “represent you” in a tax audit. However, they are not so clear on what that means, and do not tell you that their “guarantee” is limited to what they may legally do. The Internal Revenue […]
Audit Defense, Representation Rights, And Tax Preparers Read More »
As I was driving to work this morning, I passed Liberty Tax Service. They are advertising “Get $50.00 now”. Last night when I was web surfing, I saw that Jackson Hewitt was offering a $50.00 Walmart gift card for filing with them. I do not do such things. If I charged $200.00 for a basic
Beware The Get $50 Tax Preparer Charade Read More »
I had a client of mine come in today, and after we talked about her case, I asked her about her taxes. She told me that she goes to Liberty Tax Service, but that she was thinking of changing because they are very expensive. I asked her how much they charged her last year, and
Liberty Tax Service And The Earned Income Credit Read More »
I received a notice recently from the National Society of Tax Professionals providing the average fee charged by tax preparers. My fees are much lower. The headline fee in this flyer, which I am linking to here, indicates that for a basic 1040 return with a Schedule A, the average tax preparer charges $243.00, including the
What Is A Fair Price To Pay A Tax Preparer Read More »
I had a fun day in the office doing taxes. I had a woman come in who has been a client of mine for years. After I finished her return, I went to tell my wife that she was here, so that she could say “hello” (part of the fun of tax season is that
A Fun Saturday In The Office Read More »
Recently, I had a client come in who received a notice from the Internal Revenue Service indicating that she had received a 1099-MISC from her employer that she claims never to have received, and that should not have been issued. When I opened up the tax return that I filed for her, it turned out
The Advantage Of Having A Tax Preparer Who Is Also A Lawyer Read More »
The Internal Revenue Service will begin accepting e-Filed tax returns on January 20 this year, ten days earlier than it did the past two years. Many people will be receiving their W-2 Forms this week, or at the beginning of next, and will be in a position to file their taxes then. This office has
The Affordable Care Act (“Obamacare”) Early Tax Filing And Free Amendments Read More »
I had a new bankruptcy client come in today, and take advantage of my “Tax Special” for new bankruptcy clients. He is a single guy with no kids, but he owns an investment property in another state, which is forcing him into bankruptcy. It turns out that he went to H&R Block last year and they
A New Bankruptcy Client Who Went To H&R Block Came In Today Read More »
I recently picked up a business card that belonged to a tax preparer who I do not know. However, under his name it said “Confidential, professional, integrity”. I would agree with this person that these are very important qualities in a tax preparer. After all, you are giving all of your personal information to this
Confidential, Professional, Integrity Read More »