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Author: Wennejunk Three stars, 500 posts CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121603  
Subject: Corporate tax Question Date: 3/4/2009 10:08 AM
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We've used a local CPA for tax preparation for the last few years and last year they bumped our rates way up and haven't contacted us for this year's files.

I recognize that as a strategy in paring your customer base to those who are most profitable and that's fine - I understand that, no problem. There are others around who are closer, less expensive and just as good for our business.

However, our business is fairly simple and I am considering just doing the taxes myself using Turbotax for Corporations.

I would appreciate any input from others who have done this as well as feedback as to whether self preparation and filing increases the chances of an audit.

I have nothing to fear from an audit, but if I have to drop what I'm doing to prep for an audit, its not worth the $600 I save doing the taxes myself.

If you are a CPA and respond, please identify yourself as such so I'll know where you are coming from on this.


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