 Did you get your tax rebate yet? |
| The Irs said that they would start depositing the rebates today unstead of Friday. According to the last two numbers I was suppose to get mine today. I haven't got mine yet. I was just wondering ... |
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 SOmeone is claiming my kids on their taxes? |
| I did not work this year so I do not have to file taxes and my kids soc sec cards and birth certs had been stolen almost 3 years ago and last year i had my friend at h&r block run my kids numbers ... |
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 How can i avoid paying tax when i open a car wash? |
People have told me if its for personal use you dont pay tax is this true?
I will be employing three 16 year old boys to work for me.... |
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 Can I claim My daughter on my tax return if she has only been alive for 3 months? |
Im her biological father and she goes from my house to her moms every other week.
Additional Details
what if i claim my self on my work taxes but no one else claims me...?... |
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 Tax Return Rejected?????????????????... |
| I supported my wife and child for all of 2008 except for a couple of months. We separated but are still married. I was sole source of income for 2008. To get back at me she filed taxes before I had ... |
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 Can I claim my 18yr old full time student on my taxes? |
| I have a 12yr old and an 18 yr old and I am wondering if I can claim the oldest one on my taxes this year? If so, will I still receive my stimulus check? My ex husband will not be claiming either one-... |
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 Tax return and child support question? |
i owe some back child support and was wondering if anyone nos if the irs will delay my return or will they just take out the child support and send my return when it is supposed to come? Thanks
... |
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 Can I claim my kids instead of my wife just because she didn't work last year, I do pay child support.? |
| I have work all my life and she hasnt for the past 4 years, I wanted to claim my kids but she wont let me because she said that " somebody" is gonna claim them and they gonna give her some ... |
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 When my husband files taxes and it goes to back pay child support if we claim our son will they take his benif? |
| My husband owes back pay child support but has been paying ever since he was re employed. Last year when we filed taxes everything went back to the state for back pay child support... now that he is ... |
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 Anyone get a response yet from the IRS? |
| I did a few minutes ago and mine was accepted. yeah for ... |
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 Live-in nanny and paid cash. Do I have to file taxes? |
| Im going to be a live-in nanny soon and Im still pretty new to it all. The employer is planning on paying me cash weekly. Do I have to worry about taxes and if I do then what is the process? She isnt ... |
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 Have I been taxed correctly? |
My monthly salary is 1083.33Ł. I have been taxed 220.54Ł. Isn't it too much?
Additional Details
my tax code is 522L... |
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 Can I file tax return amendment as Single for 2004 when i filed as married jointly? |
| In 2004, i and my wife filed joint returns. we are to be divorced on jan 22, 2006. i found out that few deductions were not made in the 2004 return. Can i file a amended return for 04 as a single or ... |
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 New tax refund stuff? |
| can someone explain the newly passed tax stuff? ive been hearing about it and i dont know a thing! im 21 and i work at a hotel... single- no kids. whats this about?? is there a link to an article i ... |
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 Can I claim my child on this year's tax returns? |
| I lived with my child for 4 moths this year, was separated in April from wife and divorced in September. I have paid all child support due every week and am not behind. I'm filing out tax ... |
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trixibel | How can you have different refund amounts on taxes by using different preparers?? |
hr block vs. jackson hewitt vs doing it yourself. Deductions are Deductions??How can one company get you more than another??? |
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#girl
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Taxes are not that cut and dried. There is enough leeway in the tax law as to how various expenses are treated, that different preparers get different tax amounts.
For example, let's say you have rental property and you pay property taxes on this property. You have a choice. You can include these taxes as an itemized deduction on Schedule A; or, you can put these taxes on a Schedule E. Generally Schedule E works out better; but , you can choose the other form.
For another example, let's say you have a business and you file a Schedule C to record the income and expenses. Some expenses that are not deductible for an individual ARE deductible for a business. If the use of a car is necessary in the business, car insurance, gas, oil, repairs would all be deductible items for the business -- but not for you as an individual.
I worked for a CPA firm. One of our business owners had enough of his personal expenses run through the business (they were all legal treatments like the car insurance) that he ended up having a tax bill that matched mine, even though he had multiples of my income coming through his hands.
The preparer's knowledge of the tax law, the questions they ask to uncover possible overlooked items, and a willingness to try alternative treatments are all factors that result in different bottom lines. |
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personal_finance_101
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Some preparers get "creative" with the deductions. Unless you have a complicated return you're likely to be better off doing it yourself. If you do want someone to help you, Avoid places like HR Block, Jackson Hewitt, etc. Those people don't know what they're doing. They're people who went through a 2 week training and are making $8/hour to use turbo tax to do your taxes for you. Find a friend who has a good, trusted tax prep person instead.
Good luck!
http://www.personalfinance101.org/?utm_source=YH&utm_medium=link |
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WealthBuilder
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those that don't KNOW and UNDERSTAND and properly apply the law are bound to not get the BEST answer. Anyone can prepare yor tax return and file a legal refund claim. Knowledgeable preparers can make sure you pay the least (or get the biggest legal refund).
Enrolled Agent / Tax Advisor |
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Lori W
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No matter who does your taxes, they should all be the same. The only difference is if someone takes a deduction that the other either forgot or did not think was correct. Most of the packaged tax software on the market will give you good to great results with no tax knowledge. This takes most of the guess work out of your return if you have a fairly straight forward tax situation. If not, use a CPA to get the best results. |
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strawberrycrush
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Usually one is doing it correctly and the other is not. Or their interpretation of tax law is different, which is possible.
More importantly, STAY THE HELL AWAY FROM JACKSON HEWITT.
There, just had to get that off my chest. |
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Rainy
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there should be no difference unless one is filing for more deductions or credits than the other but for the same person it should be the same. Math is Math there is only 1 correct answer. |
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Judy1
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If you have a fairly straightforward return, they should all be the same unless somebody messed up. But if you have a very complex return or own your own complicated business, there can be differences of opinion on tax law, and one preparer might take a deduction that another would not. |
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Tristen T
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go with the guy that is giving you more! |
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