We like using a CPA because they will take care of any issues and responsibility for our filing.  To us it is a cost of doing business and is worth what we spend in order to have someone who is knowledgeable on tax laws.

Turbo tax the last 10 years here. The only thing  that has me wondering if I should use an accountant is because of  some end-of-the-year tax issues in which had I caught it earlier was saved me from having to write checks at the end of year.  When the democrats raised taxes, i was Not fully prepared through the year and endes up having Pay a huge chunk of Taxes.  Same issue a couple of additional times but not as bad. This year my wife started working full time and just the $15,000 extra in income blew up our tax bracket and now I owe $2500.  Nothing financially has changed over the last five years for me except for a normal 2% raise. So we just assumed her additional income would just add a bit more to what we owe so we changed our deductions and it still wasn’t anywhere near enough. Completely asinine that if $15,000 increase and joint filing would add an extra $5000 in federal tax liabilities

. If I used an accountant for taxes might be able to Manage that better through the year instead of getting hit at the end of the year. Was not a Trump fan during the election but this tax cut is huge and will help me a lot come next year

Last edited by Themob (1/27/2018 3:37 pm)

I’ve always done my own — used to hand write forms and mail them in, but the past several years I’ve used H & R Block’s EFile. I’ve found it to be very user friendly. I think there is a fee to file MS State Taxes, but it’s not very high.

Mine are pretty cut and dry though - it’s just me, so I have no dependents, I’m not self employed ... I just file a 1040 and a Schedule A. For Folks whose taxes are more involved and maybe more difficult, I can see where it may pay them to have a professional CPA prepare theirs.

Last edited by OneStopReb (1/27/2018 9:43 pm)