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Location: Visitation between Wal-Mart & Home Depot
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Quote:
Originally Posted by Donn2390
I agree up to a point.
First of all, Turbo Tax isn't free, and you need to buy one every year to stay current, so you are paying anyway.
Second, if you are single and have a dirt simple return, it probably won't cost much for a tax man to do your taxes.
Third.... the big one...! One little thing a competent tax professional picks up that you missed on TT will save you far more than you paid the tax man.
If you need a fourth reason, here you go.... If I got a letter from the IRS four years after the fact, I send it to my tax man and forget it. It has happened, and the tax man handled it, no fuss, no muss, no charge....
I probably should have omitted Turbo Tax from my post. I agree that a tax pro will probably catch things you have missed, but for the vast horde of American 20-somethings who do not keep receipts, have no holdings of any substance and do not think about taxes until April 1, entering your W-2 into a 1040EZ and submitting online is very unlikely to yield any problems other than a substantial no-interest loan to Uncle Sam.
Thanks for the post. It reminded me to print out all those forms that the IRS never sends me. I do my taxes the old-fashioned way. The state sent me several hundred dollars one year. The letter said I had made a mistake. After I re-checked my return I decided the state made a mistake. I deposited the check and never heard from them again. I have never been audited since first filing in the 1950's. You can print out forms here. Forms and Instructions
We itemize. Which helps us to keep most of our Gross income sheltered.
Both my Dw and I took the IRS courses and volunteered to help others to file their taxes for about 12 years.
We have been audited 3 times. Each audit the IRS increased our 'refund'. So it was not so bad.
We have been 'tax exempt' since 1983, no money is with held from us, nor is any money due afterward. We do commonly receive a 'refund' though.
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