While we are likely to see a flurry of posts on ways to save taxes in the personal finance blogosphere in the next couple of months, you will not see any post from me. Why? That is because I am leaving everything to my accountant. Here are my reasons.

1. My time is precious

Yes, my time is precious. I have a full time career and spend a couple of hours at night writing my blog and updating my website. My three kids need my attention every evening and weekends. Spending hours in front of turbo tax or reading up on how to nickel and dime my way to saving taxes does not appeal to me anymore. I did that in my younger days, but enough is enough.

Let’s put this in perspective. The time I spend doing my own taxes could be spent with a potential client, writing a few blog post, or doing my science fair project with my two sons!.

2. Let the experts do what they do best

I have had my accountant for over two years and she does an execellent job my taxes and ask me all the right questions. I have kept my books in order and think that this tax season will go very smoothly. I intend to file very soon. My job is to further my career, become a better daddy and work on my site. These are what I want to excel in and I will let the expert do my taxes (which is my accountant).

3. Should you ever get audited, you want an accountant talking to your IRS on your behalf

Should the IRS ever audit you, and you did your own taxes, you will have to answer and appear face to face with the IRS. But if your accountant does your taxes, he or she will be able to face the IRS on your behalf. I would rather have a competent CPA face the IRS than myself.

4. I simply hate doing my own taxes

Pretty self explanatory.

So that is all you will hear from me on taxes. I will move on to more interesting topics.

This entry was posted on Tuesday, February 20th, 2007 at 3:41 am and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.