Thursday, December 4, 2008

Tis Tax Time Again

That time of year is fast approaching. You have to go through your files, or shoe boxes of receipts...LOL. Try and find all the important documents and at least get them in a reasonable order so that you can have your taxes done.

We try and get our stuff in to the tax guy as soon as possible so that we can get our refund as soon as possible of course. When it comes to tax planning and compliance I like to take my stuff to a professional. I know there are all sorts of do it yourself kits and online software but it makes me a nervous wreck to even think about it.

Do you do your own taxes? My dad has had his own business most of my life and my mom usually gets to do the rounding up of the paperwork. They almost always end up bickering about it. I told her a hundred times that she should take all the paperwork to a CPA or tax guy and let them do all the work. I think it would only take one year of Dad having to pay for someone else to do the whole task and he would be more appreciative the next year.

There are professionals and specialists in many areas for a reason. They do what would take me weeks in much less time, so why would I want to do it myself anyway?

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