Tax Tip of the Week
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Fax: 856.667.3652
For the week of
August 21, 2000
Doing your own tax return can be expensive
There is more to consider when preparing your tax return than
the amount you will owe the IRS for a given year.
For many people, any number of the new tax return computer programs will prepare a satisfactory tax return. But
what about the returns that have something out of the ordinary? And what about the nontax financial matters that
affect you during the year?
Even if you normally do your own returns, you would probably enlist the help of a professional in any year when
you had unusual tax transactions. But do you realize that even when your tax matters are routine, there are other
financial matters that should be addressed? Your income tax return serves as a window into your financial world.
The preparation of your tax return should raise questions about the nature of your investments, your retirement
finances, your insurance needs, and funding for special events such as your children's college education. Depending
on the complexity of your affairs, you could have any number of nontax concerns that need an annual review.
The preparation of your tax return should be more than just an exercise to see how much is left over after you
pay the government. You should be the primary beneficiary of your hard work. Let us help you keep more of what
you make. Give us a call; we are here to help you.
Click here to view previous tax tips.
"Tax Tips" are published weekly to
provide useful tax information. Return to this site every week for helpful tax-cutting suggestions, tax reminders,
and current tax information.
The information contained in this site is of a general nature and should not be acted upon in your specific situation
without further details and/or professional assistance.
If you would like more information on anything in "Tax Tips," or if you'd like to be on our mailing list
to receive other tax-cutting information from time to time, please contact our office. We're here to help.
