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berettafan berettafan is online now
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Join Date: Feb 2006
Location: Maryland
Posts: 21,515
W2's, sch A, turbo tax

Sch C, corp, LLC, estate planning, use an accountant.

We (CPA's) all use software packages.

It's not just about putting the numbers in the right places. For example with careful planning I put $6k into a client's pocket by maximizing certain credits and working with payroll in one of their corps. You don't get this kind of service from H&R Block or Turbo Tax.

Buying a small business? If you are otherwise in a 28% tax bracket and the business assets cost $500k you can very easily make a mistake that will cost you $150k+ in tax over the ensuing years.

Looking at buying/starting a small business? Most CPA's have seen countless small businesses fail and can provide very specific advice that could save your financial butt.
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Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again!
I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions.
Old 03-03-2010, 07:36 AM
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