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Hoss50

Taxes?

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Does anyone here do taxes and very knowledgeable about taxes and code? I normally do turbo tax, but this year my wife started a small business and I would like to have them done by someone who knows what we can/can't write off, and knows how to make sure we get the max. I have used H&R block in the past but I would rather pay someone on here my money if possible.

 

or if you know a good tax person I would like that info too.

 

I am in northwest phoenix.

 

thanks

harley

 

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Anyone else have any recommendations?

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I have used Turbo Tax personal and small businesses since my wife started her business a few years ago. It walks you through most every type of deduction I could think of.

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A Good Cpa is better than H&R Block especially if your self employed. Once you use all the deduction forms on the schedule C they charge you just as much as a CPA anyways.

 

Also any of the online ones where you do it yourself I would not recommend if you own a business. If you have a strait W2 they are fine but when you have a company there is a whole bunch you could be doing wrong. Theres lots of different laws for types of entities. Also the IRS is imposing crazy laws retroactively that they didn't even warn people about. And crazy penalties like a 28% penalty for anyone you subcontract to that should get a 1099 if you didn't 1099 them. In other words if you paid someone $10K and didn't give them one they would fine you $2,800.

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