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PoindexterOglethorpe

(27,729 posts)
8. I have confidence in my accountant.
Thu Mar 2, 2023, 02:15 AM
Mar 2023

Maybe I'm naive, but I'm certain he does things right.

It seems like you have vastly more complicated taxes than I do. I'm one who has benefited enormously from the recent increase in the standard deduction. Lucky me. And my income is relatively low, again, lucky me.

So how much time do you save? And what, exactly, is that time worth? I recall several decades ago when the husband of a good friend spent at least 20 hours doing their taxes, and all I could think was, "What are you paid per hour? Could it possibly be cheaper to pay someone else to do your taxes?"

I realize for you, doing your own taxes could easily be an hour or two, and so more than worthwhile. I might actually be able to do my own taxes, but for me, paying my accountant is well worth the peace of mind. And if you have peace of mind, that's fantastic.

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