Last year we went to a CPA to have our taxes done. We were not going to do it that way but it was my first year as a sahm plus I have a home daycare and did wedding photography. Anyways, I entered all the info through turbotax just to see how much we would be getting back and ended up with an awesome amount since we had Bailey. I figured I might be missing something so H and I decided that we would try a CPA and see what happened since they can sometimes find hidden deductions and he gauranteed his work. Anyways, we paid around $370.00 and he found an extra $2000 dollars that we got back. Needless to say it was well worth it for us. I am not saying it is like this for everyone, but I am glad we did it and will continue to from here on out.
Re: Getting your taxes done professionally
I totally agree. My bf's uncle has his own company that does taxes, and he always finds tons of deductions for us and gets us a lot back.
My bf's friend got back $4000 dollars more when going to him instead of doing it online and made the same amt of money both years. It's totally worth it!
Holy crap!! You paid $370 dollars to have your taxes done?? Or am I reading it wrong? LOL.
We only pay our CPA $100. Total.
if she has two self-employment forms and i would assume the CPA had to create "books" to do the tax return, that would be fairly reasonable.
$100 for a CPA to do your taxes is a pretty good deal. i'd say $150, depending on the area is about standard for a 1040 and no additional schedules.