Chain Extra
Chain Extra
How come "chain" tax preparers charge so much for filing electronically?
I mean, it's just a FAX. Dial and hit send. My accountant doesn't charge any extra for doing this, but people I know that have their taxes done by "chain" preparers say they are charged anywhere from $25 - $100 for this service. What's the big deal? And even id there is a charge, shouldn't it be standardized? Why such variation?
You are basically paying for a name brand, which is really all it is. Did you know that Jackson Hewitt and H&R block have both been involved in scandals regarding their clients or themselves..
For instance.... H&R block did accurately do their own corporate income taxes..
Jackson Hewitt had some rogue employees who were committing fraud to get people higher refunds (of course this meant they could charge more)
In addition, most tax preparers are charging you for liability protection.. If something happens, most tax preparers have to be ready to stand by their client. Let's say they did your taxes incorrectly. While you could be forced to pay for their mistakes, the IRS can also penalize them OR possibly make them cover the loss if it is determined they exercised willful disregard.. Do not believe the misconception about these big companies.. Many of the preparers are not trained as well as a CPA who specializes in tax. These preparers make $7-10 an hour AND take a class taught by the company (which is just a quick breeze thru of common tax laws)..
As someone who has taken the income tax classes and working on CPA, I would recommend them over anyone else.. One other thing.. You can read up many of these items on your own.. No big deal.. I have done my taxes for nearly 15 years..
Hope that helps..
***One other thing*** Do not buy the arguments from those who state.. it costs money to fax documents or e-mail them.. Technology has evolved enough to where the cost of transmission is VERY LOW if non existent (unlimited long distance plans for business offered)... These people charge high prices because you are receiving money back.. The easiest way to get money out of people is when they are depending on a tax preparer to facilitate getting the most back..***
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I saw a man make $ 200,000 from Home
Did you read that headline? Let me repeat, I saw a man with nothing but $ 200,000 a computer in your living room. My employer was paying $ 200,000 for such stay home and play on your computer! I could not even get them to give me an increase and they were paying this guy $ 200,000 and did not even have to come to work! Actually, I was making money so much that he built his own Internet store. What was your big secret? How could he get paid not to come to work? No, he was blackmailing them.
With a little research I discovered that he had joined our affiliate program. It was getting a commission for each sale from people you have referred to our stores. He had a website, not even a very nice site, which refers people to our stores and my employer was giving him money for every sale generated. He had discovered the secret that the Internet had opened the door for individuals to compete with the big guys in the advertising industry. He was making money doing what we all do every day. Do not believe me? How many times have you eaten in a restaurant and liked it so much that he told you a couple of friends who had to go to eat there. Has anyone ever once congratulated him on a shirt worn by what he told them where you bought it? Have you ever stolen from a store and told everyone not to shop there? His big secret is that he was make money online visit my website-business-review.com
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