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TemekuT
ParticipantCarlsbadworker, I’m just the product of depression era parents. They raised us to think before we spent and you can do that with your kids. That is how I raised my daughter and anyone can do the same.
You are smart to recognize that a good CPA who will advise you prior to decision making is necessary. Too many people start a business without a plan or guidance and then fail slowly.
I don’t have a recommendation for you. I’m not in the business anymore and I do my own returns and I don’t need consulting advice at this point. So now we’re back to the start of this thread. Does any Piggintonian have a recommendation for a CPA?
TemekuT
ParticipantCarlsbadworker, I’m just the product of depression era parents. They raised us to think before we spent and you can do that with your kids. That is how I raised my daughter and anyone can do the same.
You are smart to recognize that a good CPA who will advise you prior to decision making is necessary. Too many people start a business without a plan or guidance and then fail slowly.
I don’t have a recommendation for you. I’m not in the business anymore and I do my own returns and I don’t need consulting advice at this point. So now we’re back to the start of this thread. Does any Piggintonian have a recommendation for a CPA?
TemekuT
ParticipantCarlsbadworker, I’m just the product of depression era parents. They raised us to think before we spent and you can do that with your kids. That is how I raised my daughter and anyone can do the same.
You are smart to recognize that a good CPA who will advise you prior to decision making is necessary. Too many people start a business without a plan or guidance and then fail slowly.
I don’t have a recommendation for you. I’m not in the business anymore and I do my own returns and I don’t need consulting advice at this point. So now we’re back to the start of this thread. Does any Piggintonian have a recommendation for a CPA?
TemekuT
ParticipantCarlsbadworker, I’m just the product of depression era parents. They raised us to think before we spent and you can do that with your kids. That is how I raised my daughter and anyone can do the same.
You are smart to recognize that a good CPA who will advise you prior to decision making is necessary. Too many people start a business without a plan or guidance and then fail slowly.
I don’t have a recommendation for you. I’m not in the business anymore and I do my own returns and I don’t need consulting advice at this point. So now we’re back to the start of this thread. Does any Piggintonian have a recommendation for a CPA?
TemekuT
ParticipantI think you’re saying you require form 1040 but no Schedule A, probably a schedule B, Schedule E and depreciation schedules. Yes, that is a great rate. If you are low maintenance and don’t require interview time, that is, you can fill out the yearly update properly and he can just review and input and process, it is a good, fair rate.
You see, he doesn’t function as a tax monkey just inputting your numbers. Professional standards require that he documents each file by xeroxing everything you give him (1098’s, 1099’s, W-2), creating workpapers and tying all numbers, paging, and referencing. That takes some time. He also probably utilizes a tax program online and is charged for each schedule and form he needs. The task is more than jamming numbers in the computer and he has to be able to logically, without the computer, review the final work product, form to form, to ensure both the flow of numbers is correct and that the numbers are on the correct forms. This requires extensive knowledge of tax theory. To draw an analogy, it is like being able to perform a complex algebraic function with pencil and paper versus inputting the numbers and hitting an answer key without conceptualizing how to derive the solution.
TemekuT
ParticipantI think you’re saying you require form 1040 but no Schedule A, probably a schedule B, Schedule E and depreciation schedules. Yes, that is a great rate. If you are low maintenance and don’t require interview time, that is, you can fill out the yearly update properly and he can just review and input and process, it is a good, fair rate.
You see, he doesn’t function as a tax monkey just inputting your numbers. Professional standards require that he documents each file by xeroxing everything you give him (1098’s, 1099’s, W-2), creating workpapers and tying all numbers, paging, and referencing. That takes some time. He also probably utilizes a tax program online and is charged for each schedule and form he needs. The task is more than jamming numbers in the computer and he has to be able to logically, without the computer, review the final work product, form to form, to ensure both the flow of numbers is correct and that the numbers are on the correct forms. This requires extensive knowledge of tax theory. To draw an analogy, it is like being able to perform a complex algebraic function with pencil and paper versus inputting the numbers and hitting an answer key without conceptualizing how to derive the solution.
TemekuT
ParticipantI think you’re saying you require form 1040 but no Schedule A, probably a schedule B, Schedule E and depreciation schedules. Yes, that is a great rate. If you are low maintenance and don’t require interview time, that is, you can fill out the yearly update properly and he can just review and input and process, it is a good, fair rate.
You see, he doesn’t function as a tax monkey just inputting your numbers. Professional standards require that he documents each file by xeroxing everything you give him (1098’s, 1099’s, W-2), creating workpapers and tying all numbers, paging, and referencing. That takes some time. He also probably utilizes a tax program online and is charged for each schedule and form he needs. The task is more than jamming numbers in the computer and he has to be able to logically, without the computer, review the final work product, form to form, to ensure both the flow of numbers is correct and that the numbers are on the correct forms. This requires extensive knowledge of tax theory. To draw an analogy, it is like being able to perform a complex algebraic function with pencil and paper versus inputting the numbers and hitting an answer key without conceptualizing how to derive the solution.
TemekuT
ParticipantI think you’re saying you require form 1040 but no Schedule A, probably a schedule B, Schedule E and depreciation schedules. Yes, that is a great rate. If you are low maintenance and don’t require interview time, that is, you can fill out the yearly update properly and he can just review and input and process, it is a good, fair rate.
You see, he doesn’t function as a tax monkey just inputting your numbers. Professional standards require that he documents each file by xeroxing everything you give him (1098’s, 1099’s, W-2), creating workpapers and tying all numbers, paging, and referencing. That takes some time. He also probably utilizes a tax program online and is charged for each schedule and form he needs. The task is more than jamming numbers in the computer and he has to be able to logically, without the computer, review the final work product, form to form, to ensure both the flow of numbers is correct and that the numbers are on the correct forms. This requires extensive knowledge of tax theory. To draw an analogy, it is like being able to perform a complex algebraic function with pencil and paper versus inputting the numbers and hitting an answer key without conceptualizing how to derive the solution.
TemekuT
ParticipantI think you’re saying you require form 1040 but no Schedule A, probably a schedule B, Schedule E and depreciation schedules. Yes, that is a great rate. If you are low maintenance and don’t require interview time, that is, you can fill out the yearly update properly and he can just review and input and process, it is a good, fair rate.
You see, he doesn’t function as a tax monkey just inputting your numbers. Professional standards require that he documents each file by xeroxing everything you give him (1098’s, 1099’s, W-2), creating workpapers and tying all numbers, paging, and referencing. That takes some time. He also probably utilizes a tax program online and is charged for each schedule and form he needs. The task is more than jamming numbers in the computer and he has to be able to logically, without the computer, review the final work product, form to form, to ensure both the flow of numbers is correct and that the numbers are on the correct forms. This requires extensive knowledge of tax theory. To draw an analogy, it is like being able to perform a complex algebraic function with pencil and paper versus inputting the numbers and hitting an answer key without conceptualizing how to derive the solution.
TemekuT
ParticipantI can’t think of a single CPA I know that charges $150-$200 for a 1040/540. A charge of $150 would only cover the cost of the clerical staff time plus burden, the computer charge (this is not TurboTax, folks, and the software costs are significant), the packaging and mailing fees, plus the exhaustive disclaimers and documentation that are necessary compliances now. I can attest (pun intended) to this , I was crazy enough to run my own sole proprietorship in the early 90’s and know well what it costs to run the business.
I can’t find Jim Glanz nor Glanz Professional Services on the CA State Board of Accountancy website. Are you sure he is a CPA?
The last tax return I had prepared by someone other than myself was in 2006 and it cost north of $1000 due to the complexity of the return and the schedules needed. This was a non-corporate return prepared by a CPA friend of mine who used to be a tax manager at Arthur Anderson and whose time charges were in line with the complexity of the situation. My point here is that time charges vary based on the return and it can cost considerably more for a 1040 and 540 than $150-$200.
I really believe most Piggingtonians with schedules A, B, and D, and misc. credits can use TurboTax. The software walks you through the decision points and “logics” you in the correct direction. I give Piggintonians accolades for being smarter than the average housing bear and I know they can follow the TurboTax prompts.
TemekuT
ParticipantI can’t think of a single CPA I know that charges $150-$200 for a 1040/540. A charge of $150 would only cover the cost of the clerical staff time plus burden, the computer charge (this is not TurboTax, folks, and the software costs are significant), the packaging and mailing fees, plus the exhaustive disclaimers and documentation that are necessary compliances now. I can attest (pun intended) to this , I was crazy enough to run my own sole proprietorship in the early 90’s and know well what it costs to run the business.
I can’t find Jim Glanz nor Glanz Professional Services on the CA State Board of Accountancy website. Are you sure he is a CPA?
The last tax return I had prepared by someone other than myself was in 2006 and it cost north of $1000 due to the complexity of the return and the schedules needed. This was a non-corporate return prepared by a CPA friend of mine who used to be a tax manager at Arthur Anderson and whose time charges were in line with the complexity of the situation. My point here is that time charges vary based on the return and it can cost considerably more for a 1040 and 540 than $150-$200.
I really believe most Piggingtonians with schedules A, B, and D, and misc. credits can use TurboTax. The software walks you through the decision points and “logics” you in the correct direction. I give Piggintonians accolades for being smarter than the average housing bear and I know they can follow the TurboTax prompts.
TemekuT
ParticipantI can’t think of a single CPA I know that charges $150-$200 for a 1040/540. A charge of $150 would only cover the cost of the clerical staff time plus burden, the computer charge (this is not TurboTax, folks, and the software costs are significant), the packaging and mailing fees, plus the exhaustive disclaimers and documentation that are necessary compliances now. I can attest (pun intended) to this , I was crazy enough to run my own sole proprietorship in the early 90’s and know well what it costs to run the business.
I can’t find Jim Glanz nor Glanz Professional Services on the CA State Board of Accountancy website. Are you sure he is a CPA?
The last tax return I had prepared by someone other than myself was in 2006 and it cost north of $1000 due to the complexity of the return and the schedules needed. This was a non-corporate return prepared by a CPA friend of mine who used to be a tax manager at Arthur Anderson and whose time charges were in line with the complexity of the situation. My point here is that time charges vary based on the return and it can cost considerably more for a 1040 and 540 than $150-$200.
I really believe most Piggingtonians with schedules A, B, and D, and misc. credits can use TurboTax. The software walks you through the decision points and “logics” you in the correct direction. I give Piggintonians accolades for being smarter than the average housing bear and I know they can follow the TurboTax prompts.
TemekuT
ParticipantI can’t think of a single CPA I know that charges $150-$200 for a 1040/540. A charge of $150 would only cover the cost of the clerical staff time plus burden, the computer charge (this is not TurboTax, folks, and the software costs are significant), the packaging and mailing fees, plus the exhaustive disclaimers and documentation that are necessary compliances now. I can attest (pun intended) to this , I was crazy enough to run my own sole proprietorship in the early 90’s and know well what it costs to run the business.
I can’t find Jim Glanz nor Glanz Professional Services on the CA State Board of Accountancy website. Are you sure he is a CPA?
The last tax return I had prepared by someone other than myself was in 2006 and it cost north of $1000 due to the complexity of the return and the schedules needed. This was a non-corporate return prepared by a CPA friend of mine who used to be a tax manager at Arthur Anderson and whose time charges were in line with the complexity of the situation. My point here is that time charges vary based on the return and it can cost considerably more for a 1040 and 540 than $150-$200.
I really believe most Piggingtonians with schedules A, B, and D, and misc. credits can use TurboTax. The software walks you through the decision points and “logics” you in the correct direction. I give Piggintonians accolades for being smarter than the average housing bear and I know they can follow the TurboTax prompts.
TemekuT
ParticipantI can’t think of a single CPA I know that charges $150-$200 for a 1040/540. A charge of $150 would only cover the cost of the clerical staff time plus burden, the computer charge (this is not TurboTax, folks, and the software costs are significant), the packaging and mailing fees, plus the exhaustive disclaimers and documentation that are necessary compliances now. I can attest (pun intended) to this , I was crazy enough to run my own sole proprietorship in the early 90’s and know well what it costs to run the business.
I can’t find Jim Glanz nor Glanz Professional Services on the CA State Board of Accountancy website. Are you sure he is a CPA?
The last tax return I had prepared by someone other than myself was in 2006 and it cost north of $1000 due to the complexity of the return and the schedules needed. This was a non-corporate return prepared by a CPA friend of mine who used to be a tax manager at Arthur Anderson and whose time charges were in line with the complexity of the situation. My point here is that time charges vary based on the return and it can cost considerably more for a 1040 and 540 than $150-$200.
I really believe most Piggingtonians with schedules A, B, and D, and misc. credits can use TurboTax. The software walks you through the decision points and “logics” you in the correct direction. I give Piggintonians accolades for being smarter than the average housing bear and I know they can follow the TurboTax prompts.
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