Trader's Accounting?

orion895 · Nov 15, 2007

I could not even make them talk to me. Called them several times, left messages and sent e-mails. Took it 5 days to get back to me. Terrible customer service. I am staying out.

sophiekay · Nov 15, 2007

I got the prices from one of their CPAs. I believe her name is Cathy. She gave me the prices and sent me the paper work. Also, the prices are listed on their website. See link below

http://www.tradersaccounting.com/product.php?productid=16171&cat=250&page=1

Quote from yxy:

Sophie,

My pleasure.

By the way, can you tell me where you got the info. that TA charges $500 for tax preparation and $900 a year for bookkeeping?

TA told me that it would be under $500 for 2006 tax preparation, but charged me $905, instead. My 2006 tax returns are almost identical to my 2005, and the other CPA charged me only $425.

I left messages for explanations, but they don't pick up my calls nor return my calls.

I initially paid $500 prior to the preparation through my credit card. Then they charged additional $405 to my credit card, without contacting me or sending me an invoice first.

After what they have done with my returns and know how much I was frustrated with their services, I could not believe their nerve of charging me an additional amount. Many of my friends said that I should negotiate that initial $500 for their horrible service, but decided not to, so I really did not expect to get charged additional !
More...

sophiekay · Nov 15, 2007

Flyfisher, this is very valuable information from a well educated source. Thanks for sharing your expertise!

I have received referrals to 3 local accountants, but had written them off because they did not specialize. I will certainly do some due diligence on those CPAs now. GREAT ADVICE!

Quote from 1flyfisher:

I am a full time trader. I have an accounting/tax back ground. BA Economics and Accounting, Master's in Taxation. So I know a bit about this.

I would recommend doing your own returns. Individual taxation is not that hard, keep good records. Get Tax preparation software for your tax preparation, inexpensive software such as Turbo Tax.

OR**** Find a local CPA or IRS Enrolled Agent to handle it for you. Call local accounting firms. Interview the firm to see that they can meet your needs, get some FIRM quotes on costs for their services. Nail that down. Explain to them EXACTLY what you are doing as far as your return and what it will cost. Due diligence on your part. That would be my recommendation to any Traders dealing with their tax issues and return preparation.

I would NOT RECOMMEND dealing with any accounting firm out of your area even if the taylor their services to traders. You do not need that. All you need is a good CPA or IRS Enrolled Agent....find them locally.
More...

Log in or Sign up

Trader's Accounting?

orion895

sophiekay

sophiekay