like TurboTax or H&R Block
The timing of filing your return is in your hands.
You're doing the work with no professional help - you can miss something or incorrectly input info.
Lack of expertise in ever-changing tax rules that may bring you uncertainty in the outcome.
HIRE A FLAT FEE PROFESSIONAL LIKE ME
Deep understanding of your specific tax situation - allows for advice on past and future years.
Professional knowledge in tax law for your specific situation.
Know exactly what you'll pay before moving forward.
More expensive than DIY.
May take longer than DIY depending on client load of the professional.
HIRE AN HOURLY PROFESSIONAL TEAM
Multiple eyes on your return with various levels of experience.
Focused on efficiency to complete as many returns as possible during tax season.
Most costly and you're "on the clock" for any work done or questions asked.
You're one of many clients - this can feel like just a number and not have access to tax advice or follow up from a pro.
I primarily (but not exclusively) focus on working with early career physicians.
I only do personal tax returns reported on a 1040. I do not do any business returns, i.e. partnership, S-Corporation or C-Corporation returns.
I have a broad range of state income tax returns, but not all. If I am not experienced in your state, I'll refer you to somebody else prior to signing an agreement.
I do everything electronically including agreements, collecting tax documents, communicating, filing the return, and so on.
Flat quote pricing based on complexity starting at $350 for Federal and one state. What causes complexity?
A LOT OF
MARRIED FILING SEPARATELY
**Not a full list of complexity items. These are the most common complex issues I see.