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So my financial life is getting a lot more complicated with traditional to roth conversions, 2 w2 income, 2 or 3 1099 incomes, schedule C deductions for my sole proprietor llc, 3 broker accounts with trading activity. Plan of switching taxation status to S corp in 2020 instead of sole proprietor.
So far I've done everything myself. I can still probably pull off 2019 tax year with turbo tax. I didn't have any issues last year with schedule C deductions. But it will take me 6 or so hours to do all of that, if not more. And it's a lot of tedious data entry -_-
At what point of your financial lives did you folks get a financial advisor and/or an accountant/cpa/ea for taxes.
At what complexity of finances did you feel that an advisor and/or accountant were "worth it"? How much are they charging you?
So far I've done everything myself. I can still probably pull off 2019 tax year with turbo tax. I didn't have any issues last year with schedule C deductions. But it will take me 6 or so hours to do all of that, if not more. And it's a lot of tedious data entry -_-
At what point of your financial lives did you folks get a financial advisor and/or an accountant/cpa/ea for taxes.
At what complexity of finances did you feel that an advisor and/or accountant were "worth it"? How much are they charging you?
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