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I used to think paying for a tax pro was a waste of cash for freelancers
For years I did my own taxes with the free software, thinking I was saving like $500 a year. Then last tax season, my friend who does similar freelance work showed me his return. The pro he hired found over $3,000 in deductions I never even knew about, like a part of my home internet bill and some travel costs. I hired the same person this year and they saved me a ton, way more than their fee. It felt dumb to be so stubborn about it for so long. Has anyone else had a tax write-off they totally missed before getting help?
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johnson.river5mo ago
My old accountant missed that I could write off a chunk of my car payment for client meetings. I switched to a guy named Mark who works with a lot of artists and freelancers. He asked about my driving habits in our first meeting and found over two grand in mileage deductions I had no clue about. It completely changed my view on doing it myself. The right pro doesn't just file, they know the questions to ask. That specific knowledge is worth every penny.
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abbyp615mo ago
Yeah, that bit about "the right pro knows the questions to ask" from @johnson.river is so true. I was the same way, thinking I was clever doing it myself. Then I found out I could write off a percentage of my phone bill for work calls. It seems obvious now, but I just never thought to ask.
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