No. of Recommendations: 3
Do you know where each of these are properly reported on your tax return?
If you rely on software like Turbo Tax, do you know how to tell if you entered the data correctly?
Do you know how to check to make sure the K-1 import into your software was done correctly?

As to my fees, many of my clients (this particular one included) tell me I don't charge enough. But I'm more than happy with the hourly rate I get for the work, so both my client and I are happy with the arrangement.


I tried Turbo Tax this year, and must admit the K-1 experience included a healthy dose of me saying "well, I hope that worked"...

I think I'd prefer some obtuse instruction manual to put together a piece of Ikea furniture that has 117 parts over Turbo Tax and dealing with K-1's. Either way, it involves lots of cursing on my part.

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