Taxes: Online....Or......

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ABM

Happily Married In Music City, USA!
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In the past I've used TaxAct. Then, the ex bought a business, so we went with her accountant. Then, divorce.

Now? Hmmm.....not sure. I was planning to go back to the on-line variety, but I unexpectedly got hit with this (short-sale-related) debt forgiveness tab...which effectively increases my taxable income. Not exactly sure how to approach that particular scenario. (UGH!! :MARIS61: )

Then, there's the potential of throwing some funds towards an IRA as to lower my taxable income. Apparently, I have until April 15th to do that for the 2012 tax year.

I'm considering using a professional this one last time.

Thoughts?

Thank You! :cheers:
 
I don't know. But, plan on getting more back this year. You can blame Obama.
 
don't pay your taxes. screw em!
 
In the past I've used TaxAct. Then, the ex bought a business, so we went with her accountant. Then, divorce.

Now? Hmmm.....not sure. I was planning to go back to the on-line variety, but I unexpectedly got hit with this (short-sale-related) debt forgiveness tab...which effectively increases my taxable income. Not exactly sure how to approach that particular scenario. (UGH!! :MARIS61: )

Then, there's the potential of throwing some funds towards an IRA as to lower my taxable income. Apparently, I have until April 15th to do that for the 2012 tax year.

I'm considering using a professional this one last time.

Thoughts?

Thank You! :cheers:

Use a Jew if you want to push the limits on what you can and can't deduct on your taxes and a Mormon if you want them done honestly and accurately.

I used a Jew in the past without any problems but now I use a Mormon. Very nice guy.

Interesting fact: People who don't believe in god are audited twice as often as people who do.
 
Use a Jew if you want to push the limits on what you can and can't deduct on your taxes and a Mormon if you want them done honestly and accurately.

I used a Jew in the past without any problems but now I use a Mormon. Very nice guy.

Interesting fact: People who don't believe in god are audited twice as often as people who do.

I used a Russian last year. Mainly, because was cute...oh, and catered to the Latino community. Why might that matter? Well, she charged about 1/2 for similar tax preparation services. She was thorough....and the ending was a happy one.
 
Proxytaxonline.com. You upload PDF's of you tax documents and then a CPA actually fills out the taxes.
 
Considering your houses... I'd definitely see a tax specialist.

Aside from that I really like Turbo Tax. I used H&R Block software and it was flawed.
 
Proxytaxonline.com. You upload PDF's of you tax documents and then a CPA actually fills out the taxes.

Its almost like you log onto this site, go to the right corner and search Mormon and then go from there.
 
Considering your houses... I'd definitely see a tax specialist.

Aside from that I really like Turbo Tax. I used H&R Block software and it was flawed.

They both are flawed. They really are only good if you know how the return should look like after those programs get done asking you the questions. If you have a W-2, mortgage interest, real estate taxes then those programs are great for the casual person.
 
The HCP has had an accountant for the past 5 years. He loves that it gets done right and he can write it off the following year! #refund
 
The HCP has had an accountant for the past 5 years. He loves that it gets done right and he can write it off the following year! #refund

How much does the third person take home?
 
I used a Russian last year. Mainly, because was cute...oh, and catered to the Latino community. Why might that matter? Well, she charged about 1/2 for similar tax preparation services. She was thorough....and the ending was a happy one.

Tax service that provides a happy ending? Not bad.

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Wow . . . jews and mormons getting stereotyped in this thread.

Kind of sounds like MM's "avoid drafting white players" kind of agrument (I know that is going beyond what MM thinks, but trying to follow along the theme of hiring a mormon to do your taxes)

Be interested to hear why hiring a Black person to do your taxes is not a good idea?
 
Wow . . . jews and mormons getting stereotyped in this thread.

Kind of sounds like MM's "avoid drafting white players" kind of agrument (I know that is going beyond what MM thinks, but trying to follow along the theme of hiring a mormon to do your taxes)

Be interested to hear why hiring a Black person to do your taxes is not a good idea?

Whoa whoa whoa... come on dude, that's not cool. Leave race out of this.
 
Just tell me the rules boss.

Religious stereotyping is OK but racial stereotyping is not. That the board rule or your own policy. :D

Racial stereotyping is fine if it's about HCP or myself.

And religious stereotyping is also fine as along as it's complimentary.
 
Its almost like you log onto this site, go to the right corner and search Mormon and then go from there.

Almost... My brother actually started the site I listed and is a CPA. I thought I'd throw out some free advertising for him on what I think is a good product. Odd that you chose to focus on my post and relate to another post referencing Mormons when I said nothing about it in my post. What's with your fixation?
 
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The HCP has had an accountant for the past 5 years. He loves that it gets done right and he can write it off the following year! #refund

Dude.. The statute of limitations is only 3 years. You don't have to lie about the 4th and 5th.
 
Almost... My brother actually started the site I listed and is a CPA. I thought I'd throw out some free advertising for him on what I think is a good product. Odd that you chose to focus on my post and relate to another post referencing Mormons when I said nothing about it in my post. What's with your fixation?

It's called religious bigotry. Common among sheep.
 
Does anyone know of a reasonably priced, yet savvy, real estate tax accountant in the Portland area?

As it stands, I would be getting hosed for over $17,000 in debt forgiveness tax liabilities from a 1099-C. I have a number of mitigating factors, though, and I want to explore every (legal) possibility to have that tax burden reduced, if not eliminated.

Thanks in advance!!
 
Read the irs publication dealing with forgiveness of debt for ideas
 

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