Tax Preparer or Do Them Yourself??

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    Tax Preparer or Do Them Yourself??

    The one place in my area that specializes in day care taxes is not accepting new clients this year. I have done my own for about 8 years with the help of Tom Copelands publications.
    I wanted to have them done for me this year just as a double check on how I have been doing.
    Do you do your own taxes or have them done??? Just curious what others do.
    What if audited and I do them myself? make any difference??

    Curious in ohio.
  • kendallina
    Advanced Daycare.com Member
    • Jul 2010
    • 1660

    #2
    I've done them myself since I opened the past three years. I would not be able to do them without Tom's books. I don't worry about being audited. I do the very best that I can and if I get audited, I get audited. Even if I made a mistake, it's not like I'd go to jail or anything, I would just have to rectify it. Not something to worry about.

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    • Blackcat31
      • Oct 2010
      • 36124

      #3
      My DH and I are both self-employed. We pay a professional tax preparer to do our taxes. It costs around $200 per year.

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      • Abigail
        Child Care Provider
        • Jul 2010
        • 2417

        #4
        This is my first year doing daycare. Started with 4 right in January now full at 7 so I did well my first year! We are going to H&R Block because I went to a guy last year and questioned him a lot on daycare taxes and he knew a lot of information. I'm still doing my best to know what I can and can't do, but I definitely will rest assured having someone else do it. Sure it's a few hundred dollars, but their is much less stress and with my first child due within the month I don't need any more stress than trying to prep for taxes!

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        • suehelen
          Daycare.com Member
          • Dec 2012
          • 37

          #5
          I'm doing my own for the first time since 1997. Last year my accountant's bill was $651. It's always been high, but last year was the last straw. I'm a bit nervous, but I have a pretty good idea of what goes where so I'm taking the plunge.

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