Sunday, October 14, 2012

H&R Block reduced our tax bill

We got some good news about our taxes. H&R Block was able to help us reduce our tax bill by over $1,000. It was such a relief! 

Like many other people, our taxes are complicated. A few years ago we used a tax volunteer who was trained by the IRS to file taxes but our success was mixed. The home based tax software we tried to use was complicated and confusing. We knew it was time to call in help we it said we owed over $3,100.  We weren't sure if using a pro would make a difference but we filed for an extension and took the chance. It was worth it.

Getting rid of our debt is a slow progress but what we're doing is working. Education is helping us move the process along a little faster.

The H&R tax preparation cost $500. The preparer explained what actions we need to take to lower the bill. Basically, it's all record keeping. The problem is that we didn't know what records to keep. The preparers information should help us save money in the future. 


No comments:

Post a Comment