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Reply to "When should I get a tax accountant?"
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[quote=Anonymous]I've been doing my own taxes for last 10+ years. I studied accounting in college and feel OK about finances in general. However, I work in marketing so I'm not proactively keeping up with all the rules and regulations outside of what I input into Turbo a tax and what that tells me. Also in the past few years, our income has increased. We're not rich, but combined income is a tad over $300k now. We have one rental property in another state, we rent our current house, we max out our retirement contributions and started the VA529 plans a couple years ago. Things have gotten a bit more complex since my college days of a single W-4. Anyway, I always hear how some people love their tax accountants. How they help you save so much on taxes etc. just wondering at what point does having an accountant become beneficial. So far I feel like taxes each year are manageable. Certainly time consuming. Maybe it's a time trade off. Would love to hear from anyone who made the transition to using a tax accountant and reasons for doing so. [/quote]
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