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  • mountainside13
    Daycare.com Member
    • Jan 2014
    • 777

    Help!!

    Long story short:

    Enter all my 2013 items into minute menu this weekend. Printed everything off and gave it to our tax preparer. She complimented me saying how organized I am and how little work she will have to do. Yippie for me! Get a call an hour later and they raised the tax fees from $400 to $600 just to enter it in and file?! Did an hours work to get that much?

    2012 taxes we got almost $7,000 back then year $3,000!!! My husband claims zero all year so we can get more back. Our income has stayed the same but added more deductions this year than the last. She said because we claimed items purchased and depreciation. We get less? That doesn't make any sense? Shouldn't we get more back then? Any help is appreciated!!! What is your "normal" refund?
  • kelsey's kids
    Daycare.com Member
    • Apr 2013
    • 248

    #2
    I am wondering the same thing. We have no dependants and we also have my husband claim zero and last year with start up costs we only got a 400 return and this year it is estimated we will have to pay 2000 anf we only made 35000 combined before deductions

    Comment

    • mountainside13
      Daycare.com Member
      • Jan 2014
      • 777

      #3
      Originally posted by kelsey's kids
      I am wondering the same thing. We have no dependants and we also have my husband claim zero and last year with start up costs we only got a 400 return and this year it is estimated we will have to pay 2000 anf we only made 35000 combined before deductions
      It is really messed up urg!!

      With being a provider is your income counted before or after all of you deductions? For example, I make about $20,000 a year. I can't remember how much I paid but let's say $7,000. Do they count my income still as $20,000 or $13,000?

      Comment

      • frugalmama4
        Daycare.com Member
        • Jan 2012
        • 470

        #4
        Hey OP,

        You need to NOT file with this tax lady...

        I recommend you order Tom's book "2013 Tax Workbook & Organizer" and the 2013 Tax Companion. The first one is if you will do your own taxes the other if you have someone do it for you,

        I would also try TurboTax online or cd/download and compare what the Tax Lady did...I have always done my own taxes personal and business. Now the first year I was in business I did have someone else do them but ended up telling her what needed to be done and what I was allowed to claim as business deductions.

        Please stop and look over everything for your self...I see so many people/providers get bad Tax information from CPA's/enrolled agents and even lawyers who don't take the time to understand our unique business expenses.

        PM me if you have questions or better yet talk to Tom directly.

        Good Luck!

        Comment

        • Cat Herder
          Advanced Daycare.com Member
          • Dec 2010
          • 13744

          #5
          Sent you a PM.
          - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

          Comment

          • frugalmama4
            Daycare.com Member
            • Jan 2012
            • 470

            #6
            Originally posted by Cat Herder
            Sent you a PM.
            I didn't get a pm...re-send pls. Thx

            Comment

            • mountainside13
              Daycare.com Member
              • Jan 2014
              • 777

              #7
              I'm so afraid to do taxes by myself and mess something up. I do tend to correct the tax lady a few times I searched Toms books this morning but wasn't sure which ones people are talking about. He has a few.

              Cat- sent you a pm back!

              Comment

              • Michael
                Founder & Owner-Daycare.com
                • Aug 2007
                • 7950

                #8
                Originally posted by mountainside13
                I'm so afraid to do taxes by myself and mess something up. I do tend to correct the tax lady a few times I searched Toms books this morning but wasn't sure which ones people are talking about. He has a few.

                Cat- sent you a pm back!
                Don't forget to attend our tax webinar with Top Copeland: How to File an Accurate 2013 Tax Return

                We completely sold out last year's tax webinar with Tom Copeland and he has been very helpful in our Taxes and Daycare section of the forum. I hope you will take advantage of this opportunity to reduce your taxes and join me on Tuesday, February 4th, 2014. You are invited to see and hear Tom Copeland present a timely webinar


                You can ask questions and Tom is the best in the business.

                Comment

                • mountainside13
                  Daycare.com Member
                  • Jan 2014
                  • 777

                  #9
                  Originally posted by Michael
                  Don't forget to attend our tax webinar with Top Copeland: How to File an Accurate 2013 Tax Return

                  We completely sold out last year's tax webinar with Tom Copeland and he has been very helpful in our Taxes and Daycare section of the forum. I hope you will take advantage of this opportunity to reduce your taxes and join me on Tuesday, February 4th, 2014. You are invited to see and hear Tom Copeland present a timely webinar


                  You can ask questions and Tom is the best in the business.
                  Thank you!! I will read the thread and look at the webinar!!

                  Comment

                  • TomCopeland
                    Business Author/Trainer
                    • Jun 2010
                    • 3062

                    #10
                    taxes

                    Originally posted by mountainside13
                    Long story short:

                    Enter all my 2013 items into minute menu this weekend. Printed everything off and gave it to our tax preparer. She complimented me saying how organized I am and how little work she will have to do. Yippie for me! Get a call an hour later and they raised the tax fees from $400 to $600 just to enter it in and file?! Did an hours work to get that much?

                    2012 taxes we got almost $7,000 back then year $3,000!!! My husband claims zero all year so we can get more back. Our income has stayed the same but added more deductions this year than the last. She said because we claimed items purchased and depreciation. We get less? That doesn't make any sense? Shouldn't we get more back then? Any help is appreciated!!! What is your "normal" refund?
                    I can't say why you got a lower refund without knowing all the facts in your case. It could be that you got a lower Earned Income Tax Credit because you business profit was lower (yes, this sounds illogical, but it could be true). You need to ask questions of your tax preparer and have her show you exactly why your refund is lower.

                    There is no "normal" refund because everyone's tax situation is very different.
                    http://www.tomcopelandblog.com

                    Comment

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