07-15-2020, 07:37 PM
Been filing extensions every year since I incorporated in 2005. This is the first year I actually got my personal taxes done on time since then.
I used a CPA the first year I created my S Corp and reversed engineered what he's done ever since. I'm sure I've left some money on the table here and there but a CPA would have to find several thousand in extra expenses each year to justify their fees, and that's not going to happen unless they flat out lie.
Admittedly, my corp taxes aren't that complicated since I'm the only employee and I freelance so there's no inventory.
I used a CPA the first year I created my S Corp and reversed engineered what he's done ever since. I'm sure I've left some money on the table here and there but a CPA would have to find several thousand in extra expenses each year to justify their fees, and that's not going to happen unless they flat out lie.
Admittedly, my corp taxes aren't that complicated since I'm the only employee and I freelance so there's no inventory.