Armed Polite Society

Main Forums => The Roundtable => Topic started by: DrAmazon on March 06, 2006, 02:47:08 PM

Title: Argh-Taxes!
Post by: DrAmazon on March 06, 2006, 02:47:08 PM: Help, I'm drowning in publications! Two states + moving expenses probably means I should have sprung for TurboTax!

Just venting.
Title: Argh-Taxes!
Post by: theCZ on March 06, 2006, 03:14:30 PM: I've gotta do taxes for THREE states, NV, CA, and MT. Yeah I've got turbo tax, I wrapped up my federal taxes a few weeks ago, have a nice little refund coming my way.
Title: Argh-Taxes!
Post by: BobR on March 06, 2006, 04:41:23 PM: A few years ago when I was a traveling Nurse, I did several states, plus lots of different expenses. It was worth every penny to get a tax professional to do my taxes for me. He has been doing them ever since.

bob
Title: Argh-Taxes!
Post by: K Frame on March 06, 2006, 07:50:50 PM: Try TaxAct.com

It's an on-line tax package.

I've used it for the last couple of years. So has mtnbkr. We're both happy with it.
Title: Argh-Taxes!
Post by: Sylvilagus Aquaticus on March 06, 2006, 08:41:53 PM: Better yet, try www.fairtax.org

Regards,
Rabbit.
Title: Argh-Taxes!
Post by: BozemanMT on March 07, 2006, 02:54:14 AM: Get
an
accountant
Seriously, esp with taxes that goofy (3 states, ugh). One mistake will cost you way more than a couple hundred to an accountant. And having a continuing relationship with an accountant is worth more than they charge.
Accountants do taxes, all year, they understand taxes, they don't understand your job, why do you think you understand theirs?
Mine was pretty complex last year, 2 states, a rental, a small business, a bunch of investments
it was under $300.
Of course, it all depends on how you keep your records, poor record keeping will cost you.
Title: Argh-Taxes!
Post by: Declaration Day on March 07, 2006, 03:36:47 AM: When I was a kid and my taxes were simple, I filled in the 1040 EZ in ten minutes and was done with it.

Now I have a family, a business and two pieces of real estate, and couldn't make sense of my taxes if I tried. It costs me about $300 each year for my CPA to do my business and personal taxes. It is well worth it. He knows about so many write offs, deductions, etc. that I would never figure out. They easily add up to far more than the $300 I pay him.
Title: Argh-Taxes!
Post by: M14rick on March 07, 2006, 05:12:59 AM: I use a professional to do my taxes, same guy since the late 70s. I almost always end up with a refund, even though I have to put in a sheltered fund to make it work. I would just as soon pay a flat tax, and be done with it!
Title: Argh-Taxes!
Post by: auschip on March 07, 2006, 05:23:35 AM: Quote from: theCZ
I've gotta do taxes for THREE states, NV, CA, and MT. Yeah I've got turbo tax, I wrapped up my federal taxes a few weeks ago, have a nice little refund coming my way.
NV taxes? I thought NV didn't have state income tax (at least they didn't when I lived there).
Title: Argh-Taxes!
Post by: DrAmazon on March 07, 2006, 05:41:41 AM: Quote from: Sylvilagus Aquaticus
Better yet, try www.fairtax.org

Regards,
Rabbit.
Just finished reading it, and I'm a believer.
Title: Argh-Taxes!
Post by: K Frame on March 07, 2006, 05:59:28 AM: "Better yet, try www.fairtax.org"

That's tax planning for next year.

He needs help with this year's taxes.
Title: Argh-Taxes!
Post by: theCZ on March 07, 2006, 11:01:00 AM: It's true, NV doesn't have an income tax. I may have some kind of return coming my way for something or other so I'm gonna see if I can file there.
Title: Argh-Taxes!
Post by: Nathaniel Firethorn on March 07, 2006, 11:14:43 AM: I'll second TaxAct.

- NF
Title: Argh-Taxes!
Post by: Standing Wolf on March 07, 2006, 02:11:05 PM: Why are you still paying taxes? Government already has more than enough money.