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Thread: Who prepares your taxes? How much do they charge?

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    Default Who prepares your taxes? How much do they charge?

    I'm curious what company/software other dancers/independent contractors use. I've always used turbo tax, but have always wondered if I could get them done somewhere else for less money. This year it'll cost me $92. I have no idea if that's about average or what, since turbo tax is what I've been using for the last 4 years.

    Who prepares your taxes (what software do you use)? How much do they charge?

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    Senior Member Ms.Belle's Avatar
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    Default Re: Who prepares your taxes? How much do they charge?

    Delete
    Last edited by Ms.Belle; 09-17-2020 at 04:27 PM. Reason: DELETE

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    Default Re: Who prepares your taxes? How much do they charge?

    That's way over my budget! But I'm sure it's worth it, to have them done correctly and not have to do them yourself. The first year I did mine with Turbo it took half a day for me to complete them because I read through EVERYTHING. I finished them this year in about an hour!

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    Default Re: Who prepares your taxes? How much do they charge?

    If you manage to find an accountant / tax prep service that charges less than TurboTax for Home & Business software costs, I would be extremely skeptical about using them !!!

    There are also other less expensive tax prep programs available ... but typically they are more 'difficult' for first-time filers to navigate.

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    Default Re: Who prepares your taxes? How much do they charge?

    I haven't had my taxes prepared by her but she has answered some questions of mine and seems really nice. Plus, she's adult industry friendly Lori at

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    Default Re: Who prepares your taxes? How much do they charge?

    I have an accountant do mine. 6 LLCs and 3 states, radio, real estate and photography income

    I once broke a turbo tax software AND narrowly avoided an audit

    Almost $1,000 per year in prep costs.

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    Default Re: Who prepares your taxes? How much do they charge?

    When I was dancing and really until 2010, I did my own on Turbotax Premium. Now, tax preparation is a part of my compensation plan.

    Z

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    Banned Melonie's Avatar
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    Default Re: Who prepares your taxes? How much do they charge?

    ^^^ indeed I have also used TurboTax 'business version' for many years ... sometimes having to file state tax returns for as many as six or seven different US states ! Having an accountant / tax prep service prepare these returns would have cost $1000+, where TurboTax cost perhaps 10-20% of that amount.

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    Default Re: Who prepares your taxes? How much do they charge?

    I use a local Tax/accounting company. They are small and specialize in sole proprietor businesses. I pay between 250 and 325 I think. It depends on the number of documents I file. For example if I want to get a credit for energy efficient home improvement it costs like 25 bucks to file. I have used this company since my first year dancing. I love having them to turn to with questions. They help me so much!

  10. #10
    Moderator Miss_McKenna's Avatar
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    Default Re: Who prepares your taxes? How much do they charge?

    I use Turbotax and I love it, I've never had any problems with it either.


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    Default Re: Who prepares your taxes? How much do they charge?

    Myself...I wish.

    I asked that Lori lady that Lotte mentioned as well. Very reasonable price for consulting her.
    Last edited by Jay12; 02-01-2012 at 12:39 AM.





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    Default Re: Who prepares your taxes? How much do they charge?

    We have a tax lady who does the taxes for the whole club. I think she costs around 70 bucks? She does all of the accounting for the club throughout the year, so when you go in to do your taxes she has everything prepped and you just sign the dotted line. Some of my coworkers used turbotax this year, and our tax refunds were about the same...so I'm happy with my lady^^

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