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Bonus is out for EY GDS steps to see. Goto gdsindiapayroll.greythr.com, click on IT Declaration on left. Then click on My Tax Planner at the top right. Then click create my plan then click view it calculation on bottom right then expand income here under adhoc income you should see variable performance bonus amout.
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Chief
Ask them what they recommend to reduce your tax liability. If they say “make less”, move on. If they have good ideas, then put them on the short list of people to follow up with.
How much they cost will be closely tied to how much value they can add for your situation.
Helpful- thanks!!
The good ones are the ones who likely don’t have time for much vetting right now. Ask someone you trust with a similar set of circumstances and go with them. The ones I use are 250 for base and then they add on for anything unique.
PM1, that's very biased. I wouldn't go by your refund to determine the quality of the preparer. For instance, an accountant could tell you to pay in more, either through an adjusted withholding or estimated payments, and that can give you a "bigger" refund. Frankly, the best will minimize your refund, maybe even require you to owe up to a $1,000 on tax day because that gives you the most money for the most amount of time (to therefore invest and grow).
Ooh, vet me! I want your business and do your taxes!
I mildly regret this comment - to give you a real answer:
In my opinion, good preparers ask a lot of questions and even more follow-up questions and they're actively explaining the benefits as they learn what you qualify for. Anybody can take the documents you provide and put it in a software, but accountants who want to maximize the benefits for their clients will try to learn their "big picture" because, frankly, laymen don't know what could be relevant and helpful to their taxes, so it's on the accountant to dig it out.
Knowing the big picture also results in being future-focused. One question I ask my clients is always "what are your goals in terms of your personal, professional, and financial future?" because knowing that they're looking to buy a house or have a kid or they're interested in investing in real estate helps me determine what can be relevant for them. And then I can help set it up for success. Tax sucks, my favorite part is helping people minimize it.
For the age old question of fees, the age old answer is "it depends". Most basic basic basic returns will be $200-$300 for the expertise of someone who knows best, it goes up after that -depending on- what is involved.