i'm up to my armpits [well, not really] in sorting paperwork to prep for taxes - what a pain. my studio was in total disarray for the first year we lived here, as we thought we would have to move due to apartment problems.i haven't been able to justify paying someone to do it if i can figure it out myself, but i might be having a change of heart.
5 comments:
We paid someone this year, and last. $131 for my husband's and my taxes (this is for a tax preparer, not a chartered accountant). You still have to sort the receipts and total them, but they do the forms and find the best ways to input those numbers. I think it's worth it...
I agree with Emily, I'd rather pay someone for what they know, in order that I can do the work that I know
I never really feel like any tax person I've talked to has a decent grip on the nature of my business, and that's why I do my own taxes. I would love to find a tax person who specializes in doing taxes for artists/craftspeople....but until then, I'd rather hold onto the fee they charge and do it myself.
I think I'm with Rilla on this one, I have talked to a tax preparer, and he just kind of looked at me, and said things like 'but how do you pay yourself?'
Rilla - I went to a talk that the NSDCC organized for craftspeople & taxes, I still have the lady's card - I'll e-mail you her info.
Maybe a local craftsperson can recommend an accountant? They should know tax law well enough to give you credits for things you didn't know you can deduct, or to interpret things as deductible in a way you might not have yourself.
xo.
-Melissa
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