Tax Preparation Question?

[JohnnyD]

Originally Posted by BigFish

We have been dealing with a friend doing our taxes the last few years and she is very good at what she does but I am curious about what a "reasonable fee" might be for having someone prepare your taxes?? My Wife's tax stuff is pretty straight forward (easy) and mine is not exactly brain surgery??? She wants $500 to prepare our meager paperwork and file???? That seems exhorbitant to me??? Any thoughts and or recommendations for a new Taxman???

Depends. Does she handle your business stuff as well and is she good?

I'd much rather pay $500 to a good accountant than $5000 to Uncle Scam.

I'm not the best with paperwork and the extra I pay my accountant is worth the piece of mind.

[BigFish]

She only does year end. I do all my quarterlies myself.

[JohnnyD]

Originally Posted by BigFish

She only does year end. I do all my quarterlies myself.

If that's the case, then you're getting raked through the coals. If you can handle the quarterlies, then you can take care of the year-end filing.

Just don't try to claim the "Home Office" deduction. That'll fast track you to an audit.

[Squid kids Dad]

Mine charges $95// I thought that was steep..yikes