Turbo Tax is Cheaper

February 10, 2019

Gregory J. Cook, EA, CPA

Accredited Tax Advisor

Turbo Tax may be right for you

My Clients Don't Come to Me Because They Can't Prepare and File Their Own Taxes

The vast majority of my clients are very intelligent, successful people. And that is exactly why they look to my firm for advice and the filing of their tax returns each year. When I see happy faces exiting the cashier stop and leaving the building after paying $385-$585 on average, I know we are doing a good job.

I won't try to sell you on hiring a tax advisor.

I do a bit of radio and other promotion each year just to let people know we are still here. The firm is older than I am. It was founded in 1957 and we have helped more than three generations of taxpayers.

A Client and Good Friend got this result with Turbo Tax

turbo tax refund less than a professional tax preparer

A good many of my clients actually buy Turbo Tax and run through their taxes before coming to see us. Then we review and discuss the difference in outcomes.

Our Result, $2,950 Federal Refund, State Refund $720

I'm in the high-fidelity first class traveling set, and I think I need a Lear jet

"A guy that picks up a guitar once each year, won't play as well as a guy who plays 8 hours per day every day all year long."

My Turbo Tax version of Money

My client that paid me $385 realized $1,094 more return from the state and federal governments, so he netted $709 more in his pocket. I can't say that this is always the outcome and may not work out this way for you. I can only say that we will do everything we can to help you lower your tax.

Occasionally, we have to explain to someone why the outcome was worse than their Turbo Tax version. But they always appreciate getting it right.

If you do not have a business, rental property or investments, you may not need my service at all. But if you ever find yourself in need of assistance dealing with the Internal Revenue Service or Alabama Department of Revenue, I promise, I can help you.

Oh, and if you're concerned about a $300-$500 service fee, you probably don't need a tax advisor.

Greg Cook is an Enrolled Agent, licensed by the U.S. Treasury Department to represent taxpayers before all administrative levels of the Internal Revenue Service (IRS). He is also a Certified Public Accountant licensed by the states of Alabama and Tennessee.