Tax Question

[Tylt33]

Hi y'all,

My best friend is a CPA and has been doing taxes for my wife and myself for the past few years. The thing is, he does it for free. We always give him swag, and this year were planning on doing like $200 worth of stuff, but we are worried that might not be enough. My wife and I each have 1040's, investments, a rental, and a bunch of itemized stuff. For any of you out there using a CPA, what are you paying?

 

[cassie]

That seems like plenty. I use tax software, but my stepdad used to hire his complicated tax return done and I am sure he never paid that much. I you want, you could call around to tax preparers and see what they charge for a similar return.

 

[Capvin]

For any of you out there that can get a real CPA to do what is described as a fairly complicated tax return for $200.00 please let me have his or her name and number. For doing one tax return as you described would be a minimum today of $500. If both of you have seperate returns, double it.

 

[Tylt33]

For any of you out there that can get a real CPA to do what is described as a fairly complicated tax return for $200.00 please let me have his or her name and number. For doing one tax return as you described would be a minimum today of $500. If both of you have seperate returns, double it.

Yeah that's kinda what I thought... Plus we have extra paperwork for refinancing and a special state tax credit from our state for buying a house. Guess we will have to step it up. Thank you for the input!!!

 

[OCpeep]

We pay our CPA $750 for our personal return, $1200 for our business. $200 is a great deal.