Comments on: How I Saved $27.95 on My Taxes

By: Jason @ onemoneydesign

Jason @ onemoneydesign — Thu, 01 Jan 1970 00:00:00 +0000

I think this is pretty good advice. For years I spent unnecessary money on a simplistic tax situation.

By: Michelle

Michelle — Thu, 01 Jan 1970 00:00:00 +0000

You can also check post offices for free copies of state and federal tax forms.

By: Jeb

Jeb — Thu, 01 Jan 1970 00:00:00 +0000

I just pay my accountant his fee and don’t worry about it. He finds all the deals and gets me the max back. I will never do my own taxes again and haven’t now for 4 years.

By: PT

PT — Thu, 01 Jan 1970 00:00:00 +0000

I think you get a pro in two situations: 1. you’re in over your head, and 2. you think you might be leaving money on the table some how. Oh, and 3. you’re making so much money, you don’t need to be bothered with it.

By: Jason @ MyMoneyMinute

Jason @ MyMoneyMinute — Thu, 01 Jan 1970 00:00:00 +0000

Great guest post! Shows how easy taxes can be in many situations.

My question is, at what point do you seek advice from a CPA? When you have an LLC, do itemization, multiple income streams, what?

By: PT

PT — Thu, 01 Jan 1970 00:00:00 +0000

@MoneyNing – I think this year, I’ll rely on a CPA for the first time. Things got complicated with Grad School, Baby, etc. I’m sure he’ll help me to save money on taxes.

@MrsRefney – I’d check the rates of your local CPA. If your return isn’t too complicated, you might could get away with a $150-175 fee. Not much over the $100, and it’d be stamped by a pro.

@Daniel – Nice post. Thanks for offering up these tips. Especially the call for free advice hotline. Nice.

By: Daniel

Daniel — Thu, 01 Jan 1970 00:00:00 +0000

@Moneyning I agree. It was extremely easy this year, but I anticipate doing the same thing for years to come because until I have a house, I don’t think it will be THAT complicated. The tax software is very good at determining your situation.

By: MrsRefney

MrsRefney — Thu, 01 Jan 1970 00:00:00 +0000

I absolutely hate paying the over $100 to Turbo Tax for our LLC (partnership). But it’s the easiest way…anyone have any other suggestions?

By: MoneyNing

MoneyNing — Thu, 01 Jan 1970 00:00:00 +0000

I have a pretty complicated tax situation, so I have an accountant. However, when I just had a regular 9-5, I always used those online services and I would literally be done in 15 minutes and have my refund within a week.

It is actually much faster to do it yourself than to gather the documents and give it to someone else. I mean, at 15 minutes, it’s probably less time than the drive to see someone!