Tax day: Uncle Sam is waiting

[Andy Nguyen]

Hope everyone's done with their tax.

If not, there is still about 8 hours left to file.

I hear more people complaining about their big tax bill this year than previous years.

 

[alain]

Just found out I got an automatic extension because my County was considered disaster area. Somehow I'm always late.

 

[Andy Nguyen]

It's advantageous to have a good accountant as your friend. Someone who will battle uncle Sam for your every single cent.

 

[bigbadwolf]

It's advantageous to have a good accountant as your friend. Someone who will battle uncle Sam for your every single cent.

I hear Warren Buffett does his own. And not sure that using an accountant to chase cents is cost-effective.

 

[Andy Nguyen]

I used to do my own tax using Turbotax but it gets to a point where saving a few hundred dollars in CPA fee is no longer justifying the potential consequences of doing it wrong.
A tax audit + accrued interest a few years later would make any a big difference.
I have my own company now so it is different. If you are a student or vanilla tax-wise, it is ok doing your own. And if you live oversea, you still have to do your tax.