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Old 01-30-2007, 01:45 PM   #11
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I've always used Turbo Tax in the past, except for last year. I went to a tax accountant because we had a lot of transactions in 05 and I wanted to be sure they were being declared correctly. Come to find out, he declared them the same way I would have with Turbo Tax. That cost me $450. I'll NEVER go to him again.

This year the prices on Turbo Tax sky-rocketed and there are no rebates being offered. So, I'll be trying Tax Cut for the first time.
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Old 01-30-2007, 01:58 PM   #12
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Holy crap, $450!! I can't imagine a tax person getting you any more than using software unless you have some really complex stuff like owning a business. All the stuff including home owner itemization is very easy.
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Old 01-30-2007, 02:00 PM   #13
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20 minutes online....around 1000 back. cost me 7 bucks for state and 0 for federal
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Old 01-30-2007, 02:03 PM   #14
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using my family'* jewish accountant
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Old 01-30-2007, 02:05 PM   #15
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Quote:
Originally Posted by Maymybonneliveforever
Quote:
Originally Posted by MOS95B
This being my first year as a homeowner, I want to do both. I have a copy of a couple of tax programs. Give each ofthem a try, and then if we can afford it, get a pro to do them for us. File which ever gets us the best results....
I believe some of the Tax programs will allow up to 6 returns. They are fairly easy to use but if you want the maximum return you usually try different methods depending on the complexity of your return.
Frank, have you ever used Ufile.ca? Costs about $15 per return, all done online, and it generates a pdf that can be sent directly to the CRA via the web and a secure PIN #. After I did mine, I did my gf'* for free because her income happened to be less then $25K.
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Old 01-30-2007, 02:26 PM   #16
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Quote:
Originally Posted by Jim W
Frank, have you ever used Ufile.ca? Costs about $15 per return, all done online, and it generates a pdf that can be sent directly to the CRA via the web and a secure PIN #. After I did mine, I did my gf'* for free because her income happened to be less then $25K.
No she'* never used Ufile.ca at $15. per return that would add up to at least $75.00 since she does both our parents, and her brothers. Tax Wiz allows up to 5 or 6 returns (incomes over $25, and since she repurchases every year I believe it'* under $29.95. I know she e-files the returns with that program.

Thanks for the info Jim.
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Old 01-30-2007, 03:02 PM   #17
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Quote:
Originally Posted by Grimm
Holy crap, $450!! I can't imagine a tax person getting you any more than using software unless you have some really complex stuff like owning a business. All the stuff including home owner itemization is very easy.
His price was probably fair, but he didn't do anything differently than what I would have done.

We don't own a business, but do have rental properties. In 05 we bought and sold some, so I wasn't 100% sure how to show report the gains since I sold it before the depreciation period closed.
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Old 01-30-2007, 03:07 PM   #18
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Quote:
Originally Posted by vital49
Quote:
Originally Posted by Grimm
Holy crap, $450!! I can't imagine a tax person getting you any more than using software unless you have some really complex stuff like owning a business. All the stuff including home owner itemization is very easy.
His price was probably fair, but he didn't do anything differently than what I would have done.

We don't own a business, but do have rental properties. In 05 we bought and sold some, so I wasn't 100% sure how to show report the gains since I sold it before the depreciation period closed.
For what it'* worth vital49, I have a small business that incorported and since there'* more paperwork than usual we get an accountant to do our tax returns as well as both our personal returns. Together they have a better chance of working on the numbers. Our accountant charges less then $400.00 Canadian for both business and personal.
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Old 01-30-2007, 04:06 PM   #19
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I do my own taxes. it'* easier than paying some yuppie to do them. lol
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