I wouldn't file w/o an accountant. sm
Posted By: Personally. on 2007-08-06
In Reply to: Bingo. A good tax consultant - comes in handy.
I know some use Turbo Tax and the like with success, but I like the security of having an accountant tell me what I can and cannot deduct based on my personal situation and facts. You can find private CPAs that don't charge an arm and a leg and the amount is also tax deductible. Our CPA does our taxes and answers questions throughout the year for a very nominal flat annual fee. Well worth it, especially if you ever get audited.
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I did try to save the file first but it wouldn't even let me save it.
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It wouldn't load with my Office. Somehow it wouldn't "read" my 2003 Basic, although sm
technical couldn't find anything wrong with my software. They really tried hard. I see so many people that like Escription, I'm sorry not to be able to use it. Hopefully I can get Office Pro on my next machine, and maybe use it then. I could upgrade, but I'm still not sure it would work.
Rename your normal.dot file to something else then restart Word. It will create a new file.
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I think it is the same type of file, so rename it and replace your autocorrect file with your DQS us
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Help..I lost my word file. How can I retreive a file that has been changed? sm
I was working on a large file and had saved it in Word. I then went back to work on the file and hit a key that made the page go blank. When I went to close the document it asked me to save any changes on the document. I answered yes, and now when I click on that document it is all blank! Shouldnt the previous info saved be there, even if the current stuff is not? Please help me!! Thank you
Depends on the file format of the Short Cuts file.
ShortHand comes with a utility file that can import various formats. You can get that file with the trial download of SH.
Depends on the file format of the Short Cuts file.
ShortHand comes with a utility file that can import various formats. You can get that file with the trial download of SH.
...with your user.aco file. Save your autocorrect file to somewhere else. nm
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You can save the SH file in a text file and import to IT that way. sm
You may have to do some cleanup in the SH text file, but it sure would be faster than re-entering them all manually.
File taxes under the name on file w Social Security....
Name on W2 doesn't have to match, but your tax return has to match SS records. They don't want your marriage license or anything else. Did that for 13 years as instructed by IRS. Didn't have to change it with SS until state changed rules requiring drivers license to match SS records. Still use my maiden name in some limited circumstances.
Not an accountant
I am not an accountant -- you can ask a financial advisor or someone. I do have a business, business license - pay city business tax, etc. Registered name with the state. So for me I can. Also should clarify that what you can contribute does depend on what your income is after your business deductions. I cannot claim all of the 10K that I contribue because after all my deductions my income does go quite low. But I continue to contribute it to both an IRA and SEP so that I can maximize my deductions. But being an MTSO/IC does give me more usable income because I do maximize my deductions and plan for the future.
Man! Do I pay a lot for my accountant!
I've given him 22 of the best years of my life, two children, and I do most of his cooking!
But, seriously, my husband is a CPA, and yes, he uses TurboTax. He uses the professional version which has a few more bells and whistles, but that's what he's used for years, and that's what he recommends. In fact, he really wishes his "shoebox and paper bag" clients would just learn to use TurboTax. He has to do corporate returns by March 15, and those suck the life out of him. He doesn't even bother with anyone's personal returns until after March 15.
Unless you have a complicated list of investments, unusual expenses, multiple businesses, or nonprofit stuff to file, you probably would manage just nicely with TurboTax.
As for me, my return is already completed. If he doesn't do it now, he won't have time to finish it in April. I haven't done a tax return since I was 21 years old. :) Lest you feel jealous, know that he can't do a darn thing mechanical around the house, and he snores like a bear! Happy New Year, and Happy Tax Season!
I am going to be an accountant -
I will graduate in December with my associates degree and then on to a job somewhere out of transcription while I work on my 4-year and CPA.
MT to accountant?
I am looking at going into accounting (associates degree - obtaining it on-line). Does anyone have any thoughts, opinions, ideas, suggestions, anything that might be helpful or useful to help guide my decision as to whether or not to pursue it? It will cost me about $8000 over the next 2 years, but I will be able to continue to work full-time as an MT, though will be trying to juggle full-time MT, full-time school, and a 2-year-old, so it will be interesting. That's about it. Any opinions are well appreciated.
per my accountant - and being on production
being on production, you don't know what you're going to make - so it doesn't apply to us. In the beginning, I used to pay quarterly. I now pay annually and the IRS just returned $3700 in overpayment to me for this year. Yep, I just recently received a check back for overpaying my 2005 taxes!!! As long as you pay and on time, the IRS lets us do this. Been doing it this way for years now and I have no IRS problems *thank goodness*
Better get a better CPA/accountant if they don't tell you these things......or maybe different strokes for different states, but I don't think so.
I pay yearly also....per my tax accountant. sm
It doesn't matter as long as you pay - quarterly, yearly, etc.
You really need a good accountant. sm
SS# is fine. You will need to give your contractor a 1099 at the end of the year and deduct her income off of the top. That is a deduction for you from your gross.
Really, though, you need an accountant because things do tend to get a little tricky.
Good luck!
Check with accountant
Pay the money and get do a consult with an accountant so you can understand the basics and know what and what not to do. The money is well worth it. Or get an old copy of Turbo Tax for self employed to see what you can and cannot use for deductions. All of my accounts use by SSN on my 1099 which will will receive from them and in turn prepare a 1099 for your IC or subcontractors. Be sure that they meet the requirements for IC's. Go the IRS website and this will give you some information but again I cannot stress with all of those who are starting out find a good accountant and get their expertise advice. After 2 to 3 years of having my account handling my business, and our joint tax returns and advice, I am now able to do it on my own with Turbo Tax for the past 15 years but to begin with you need some expert advice. I am not knocking you but it really sounds like you do not have an understanding of even the basics of how to handle the taxes and finances of your business so you need to do some homework and get some advice. It is simple but again with his/her help you will know that what you are doing is correct and that will cause a lot less headaches in the years to come.
Patti
Yep, me too. My accountant deducts these
every year and I am a regular employee, not IC.
Thank you. My accountant has given me advice.
He said I should pay the contractors less.
Yes, the point was for me to make money.
What I'm saying is that it is tough. Not just for MTs. It is a tough business right now. There are lots of companies who can snatch my accounts easily. MTs want more money, clients want faster TAT, I have to be able to afford my equipment and business overhead (and it is SLIM, very lean) but apparently I am the one who is supposed to do without.
Everyone keeps saying to just pay less. Then MTs will quit. Then I'll be forced to send work overseas.
It's a mess.
Appreciate your reply, though.
I'd get a new accountant. I work FT as an
employee, have since day one and I can itemize and claim everything but the self-employment taxes.
Get an accountant...even H&R block will do.
I made the mistake of doing the taxes myself one year (TurboTax)and ended up getting audited for that year 2 years later. Luckily it only cost me $1200 but I'm sure it could have been much worse. I just go to H&R Block. At least if I get audited again, they'll handle all the work AND pay my fine if it's something they messed up on.
Wouldn't that mean that you simply wouldn't have to print out everything?
become an accountant or personal trainer
Although I dont make under 10$ an hour as an MT, try working more as my supervisors and managers have told me in the past when I have asked for a raise. In all seriousness, where do you work that you make that little? Are you paid by the line and how much? Switch companies, do not accept less than 8 cpl. I saw an ad for MDI and they start you at 8.5 cpl. IC's usually make 9+, if you do not need the insurance coverage.
Hmm. Every doc, nurse, attorney, accountant
I know is making WAY good money and none are working at McD's!!! LOL
I dunno know - leave it up to my accountant. That is what I pay him for. nm
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If you had an accountant do your taxes, contact him or her. nm
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See an accountant. I'm sure you saved your old income tax
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get an accountant -- you can take off their fee as a tax deduction and to me, it's worth it to ma
sure my taxes go in quarterly and correctly so that I don't get slammed at the end of the year!
Taxes regarding self-employed = getting an accountant
Get yourself one, and he'll explain everything you need to know.
Don't forget the accountant's/bookkeeping
Legal fees, Internet service, subscriptions, dues to organizations, repairs to equipment, % of office space, postage (if applicable), mileage (if deliver/pickup), advertising (if applicable), security system (burglar alarms, etc. if applicable),probably more I can't think of right now.
Why don't you ask the accountant who did your taxes last year?
I'm sure they are better able to answer that question than anyone here.
I suggest you seek out an accountant sm
Since you have no experience as IC, you really need to talk to an accountant. Honestly, that is the only way to be knowledgable about it. I had to do that 18 years ago when I started as IC. Each year, the tax laws are updated, new write-offs, things you were deducting can't be deducted anymore, etc.
I have had the same accountant now for about 12 years, and he is not that expensive. Last year, he charged $180. Not too bad.
I would call a tax attorney/accountant in
x
That's right. Would you give your plumber or accountant a raise?
Or, since they're a business and not your employee, would you expect they will raise their own rates when necessary?
You need to talk to accountant. His fee is tax deduction, you will want several dedections each
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Don't worry about what you have to pay an accountant. You'll make it up
you OVERPAID your taxes by almost $4K? Sounds like YOU're the one who needs a better accountant.
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I'm repeating what my accountant told me. Go argue w/him I guess.
He said find out what you need to make and then multiply that x 3.
I paid at least 30% tax last year, or more. even with my piddly deductions.
Do u think a lawyer or accountant or doc has "QA" person - nope, if they screw up... they scr
As an MT, we know what our job is period. WE produce a report at 98% quality or better. This should be done without QA as we should take pride in our work and make sure it is correct. Of course, then again, we are "tested" for a job. Other professionals are not. I refuse to be. If a company mentions a "test" that is a big turn off for me.
Bottom line - know what you are doing and complete an accurate report (within 98% for human error rate which we all have) or learn another field... not a hard concept
an .exe file is not a voice file
I'm no techie, but it sounds like they might've sent the wrong file by mistake. Or could it be a program you need for testing/working for them that they sent? What is the name of the file (if it is something you can say here)?
sure she wouldn't
I am sure that you will always have control over your daughter and her behavior, even when you aren't around. And if she ever does act differently than you believe she would and has some serious consequences because of it, I guess you guys will just deserve it. Right?
I wouldn't
unless you had been scammed by her. SOunds like plenty of people have already called, that have had real dealings. Up to you I guess.
I wouldn't sm
count my chickens before they hatch. It's way hard to get a line count when you type a report or 2, sit and wait for an hour or 2 for another report to come up, etc. etc. If you get 200 lines in a day at 9 cpl, why that adds up to a whopping $18.00.
Good luck, you're gonna need it.
I wouldn't, but that's just me.
There are many ways to serve one's country. It is not necessary to be in the military to assume a role of protecting and helping your fellow countrymen.
I would no sooner turn back if I had heard the story you speak of than I would if I was a soldier in Iraq amid all the suicide/car bombings.
It's all about character. A soldier has no choice; it's his job; he has to stay. If a civilian will take the chance of being robbed of his material possessions to help those who are fighting for mere existence, to me that is a true American.
I wouldn't let her do this!
JMHO, of course, but your daughter's life is worth way more than what it will cost you to pick her up each day.
New drivers, young kids, NO WAY; recipe for disaster.
My daughter is 15, and her friends will all be driving before her, and she thinks she's gonna be riding to and from school with them---wrong! I know it's hard and this seems much easier, but right now, I'd keep shuttling her home! She's your baby, after all! 
I wouldn't want him to just because of the
I am with the poster who says follow your instincts. You have the answers within yourself. Listen to your own gut feelings. You are there watching the situation. We will only inject our own beliefs, fears, and experiences. Plus we aren't there to see what's actually happening. You wouldn't post if there were not a valid concern. I wouldn't allow it just because of the germs. Even if I felt it was harmless, I would have him shower first before bathing with a female child. Just because of the possibilty of passing germs. I wouldn't bath with my daughter because I didn't want the possibilty of a yeast infection passing to her when she was an infant or toddler.
That's just my opinion, however. You really have to listen to your own voice on issues like this one. Best wishes.
Mother2Jazzy
I wouldn't
I went with them for a short period of time. I asked for PT to make sure we had a "fit" but they said they only hire PT. I took the FT and for the first 9 days had absolutely no work, one report per day. They said they couldn't give me a backup until I was off QA, yet I couldn't get off QA until I had enough reports. Also they promise a training bonus on the first check and I did not get it and had to write to the Attorney General.
I wouldn't buy anything until I know what the
company I work for wants me to have. You could spend a lot of money on equipment you won't need. Another thing you might need is a C-phone or something like that, but some companies provide those too. Just wait until you know what you'll need for where you work.
If you are IC, I wouldn't think so. nm
:+
wouldn't let me put it on lol
100% agree is what that should have read
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