This is why you hire an accountant

Most of the people I know wouldn’t consider their financial lives to be all that complex, and similarly they would say their taxes are pretty straightforward. Made some money, spent some money, filed taxes. Certainly, when I announced that we were hiring an accountant, the response was mostly one of confusion mixed occasionally with derision. Mine and April’s accounts aren’t that different from most everyone we know, and they don’t need an accountant, so why would we?

Despite the remonstrations, after I had spent four hours working on taxes to discover that we needed to pay over $2000, I thought it might be wise to talk with a professional. I had managed to find enough credits and exemptions on my own to get that down to about $400 we’d have to pay, but that didn’t exactly leave me jumping for joy.

In the first meeting with the accountant, he listed a couple of additional things I wasn’t aware of (and which TurboTax never brought up) and said he’d look at our files to see what he could do. After less than two weeks, Kevin Yount was able to secure for us a refund of just over $1900.

Even with the fee his firm charges ($300), that’s a $2000 difference between what I was able to have us paying and what he got for us as a refund. To put it another way, we spent $300 and, in return, will have $1900 deposited into our checking account.

All without having to do any additional work than go in and sign a piece of paper.

We certainly wouldn’t expect such a good return every year, and we’ll probably have to pay some next year, but April and I will definitely be hiring their firm again to do our taxes. If you’re looking for a place to have your taxes done, check out Elliot, Robinson, & Co. We have really enjoyed working with them, and you can’t argue with the results.

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