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Author: 4thebird Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 124141  
Subject: Re: Helping family Date: 5/21/2012 10:32 PM
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While brevity may be soul of wit, it sometimes leaves much confusion in its wake. "File" what as a professional? And what type of professional - tax preparer, investment advisor, other?


yes you are correct. I do it all for the family members. Still amazes me that I am doing it, kind of fell into the job by accident. I have the power of atturney for all stock accounts. what I do for each member is walk them through each investment and why I am buying it and at what price. like today it was RNF, everyone was getting a little. buy range of $22.55 to $22.75. nice day for trading. all in the group get their tax returns done too.

The only thing I do extra is, if I run into a tax problem I can not solve. Such problems I bounce off you guys and also the local CPA who is a lot of fun to pick his brains.

the original question was: how many clients do you need before you have to file and say you are a professional? considering the pay "a smile". I have never considered myself a professional.
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