I went to an accounting firm once, to do my taxes. When we bought our house, the idiot who sold it to us had put it into a Subchapter S corporation because he was nervous about being sued by trespassers, and the rules for handling it were very complicated. We finally got the thing out.
But I just went just that once to a tax accountant, and then followed the method he showed me until it was resolved.
Our income taxes are pretty complicated, because I take advantage of every little loophole and write-off I can find. I’ll spend a few hours to save a dollar from the IRS. But TurboTax handles it very nicely, and more and more smoothly every year.
RE: Our income taxes are pretty complicated, because I take advantage of every little loophole and write-off I can find.
Here’s a question for you... are you willing to SCRAP all those loopholes, deductions, credits etc. in favor of ONE SIMPLE FLAT TAX or SALES TAX ( e.g., Herman Cain’s 9-9-9 plan )?