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I have always used an accountant with my business/personal taxes. It's not "too" complicated to figure up my sales and expenditures. I host websites, design websites for a living, so I dont have to worry with too much overhead stuff.
My question...should I use turbo tax in hopes of finding more deductions and returns?
My accountant is around $125...Turbo Tax is around $100, but I have to do all the stuff.
Have you switched to turbo tax and regretted it?...thanks for any input.
I dont want to get audited...even though I have nothing to hide. I just dont want to go through the headache of it.
Should I use Turbo Tax or an accountant?
Use a CPA firm.
May be a little more expensive but worth it. Staff at the national tax prep services are usually undereducated. They are not professionals who hold a degree is accounting or even eligible to sit for the CPA exam. Usually the only requirement is the companies own tax class each year. I have cleaned up many returns that were done by these "professionals" and I can tell you they make a lot of mistakes.
The software may be a cheaper way to go, but you may become overwhelmed. You may miss some deductions because you do not understand the terminology.
Should I use Turbo Tax or an accountant?
Take a look at TaxCut On-Line. As a WebHead, this is right up your alley. Cheap, and you don't pay anything until you see the results. Also, you can IM a Tax Pro if you get stuck.
Should I use Turbo Tax or an accountant?
with only a difference of $25 I would stay with the accountant. Since he is certified if you get audited he will be responsible if something is inaccurate, but if you use turbo tax you will be responsible. I think turbo tax is also designed more for personal taxes than business use. Just my opinion
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