Taxes are a pain this year…

[LuFins Dad]

@mark said:

Ugh. Hire a freakin accountant.

And pay somebody $1800 to just do data entry into a $200 software program?

[LuFins Dad]

And we actually did, this year. I’m just backing it up as an audit. If our numbers match well enough, I will continue doing it. If we don’t, then it gets interesting.

[89th]

Yikes man, that is not fun. On the plus side, if you screw up, you are getting in good shape to not be a weak little bitch in jail.

[mark]

@LuFins-Dad said:

@mark said:

Ugh. Hire a freakin accountant.

And pay somebody $1800 to just do data entry into a $200 software program?

$1800??? Wow. My accountant is a bargain at $400.

[AndyD]

In the UK the new tax rules mean businesses/landlords etc have to submit forms quarterly.
So I've been told.

[Axtremus]

@mark said:

@LuFins-Dad said:

@mark said:

Ugh. Hire a freakin accountant.

And pay somebody $1800 to just do data entry into a $200 software program?

$1800??? Wow. My accountant is a bargain at $400.

$1,800 is more typical when an S-Corp is involved. $400 is fairly typical for the usual husband+wife joint return.

[LuFins Dad]

$1200 for the business part, $600 for the family part.

[LuFins Dad]

So far there’s a $200 to my benefit difference with me and TurboTax filling them out than the accountant. I’m thinking about running both returns through an AI to see what that says…

I imagine that within 4-5 years, Tax Preparer as an occupation will be obsolete.

[kluurs]

@LuFins-Dad said:

So far there’s a $200 to my benefit difference with me and TurboTax filling them out than the accountant. I’m thinking about running both returns through an AI to see what that says…

I imagine that within 4-5 years, Tax Preparer as an occupation will be obsolete.

Depends on how much the tax preparer companies are willing to purchase lobby congress.

[jon-nyc]

Yeah it’ll be interesting to see how many industries look for industry-specific carve out restrictions on AI use. Automate thee not me.