Financial

Everything filed under financial, listed in full rather than as a feed.

Articles

An accountant is worth paying for judgment, not for data entry

Most people hire an accountant to do a task software already does well, and then never ask the questions that would have justified the fee several times over.

·Junko Halloran·929 words

Quarterly estimated payments, worked out once and scheduled for the year

The system assumes tax is paid as income is earned. For anyone without withholding, that means four dates a year and a calculation most people redo unnecessarily.

·Corinne Adeyemi·1,303 words

You hit submit on your return. Here is what happens on the other end

Filing is the visible half. What follows is a processing pipeline with its own timetable, its own checks, and a set of letters that mean very different things.

·Wesley Tarbox·1,043 words

Tax software or a paid preparer? The return that decides it for you

The honest test is not how complicated you feel your finances are. It is how many forms your return needs and how many of them involve a judgment call.

·Junko Halloran·1,017 words

Set your records up in October and next April takes an afternoon

The reason a tax return takes a weekend is almost never the return. It is the three months spent reconstructing a year of spending from memory and card statements.

·Corinne Adeyemi·830 words