From the daughter of a long-time client:

Subject: Hi Mr. Kerstetter

Hello Mr. Kerstetter,
I'm …'s daughter and just recently used H&R Block's website to attempt to file my 2005 taxes and ran across some trouble. When I called my dad, he suggested I get in touch with you! I hope you're well, it's been a long time. :)

Basically, I can file the 1040EZ, and don't make a ton of money, but when H&R Block's website did the math, it looked like I owe the IRS over $500. I'm not sure if I filled everything out correctly, and thought maybe you could  offer a tip or two, or if it wouldn't take long, maybe we could go over the information via phone? Maybe there's something I'm missing?

My dad trusts you, and speaks so highly of you, especially with regard to your expertise in this area, so I would be very appreciative of any perspective you might be able to offer.


Thanks Mr. Kerstetter,

My reply:

Trying to do your own tax return is not a good idea.  If you're still doing the music thing, there are hundreds of possible deductions that you could easily be claiming that could zero out your taxes.  That would require you to file a full 1040 with a Schedule C for your music business.  You shouldn't use any of the EZ or other short forms because they don't allow for the kinds of deductions to which you are entitled.

You will need to work directly with an experienced tax pro who can analyze your unique circumstances, ideally someone who has experience working with musicians. I wish I could help; but I already have too many clients to take care of properly; so we are still trimming back on the difficult clients and are not accepting any new ones at this time. 

Unfortunately, we don't have anyone to whom we could refer you. If you haven't already done so, you should check out my tips on how to select the right tax preparer for you at.

I wish I could be of more assistance; but I wish you the best of luck.  

Kerry Kerstetter

 

- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 7/28/2006 09:51:00 PM Send this post: