My programmer wife and I are about to reach 250k/y household income. How do we find a good personal accountant to help us save some money in taxes? We already have a 401k and IRA accounts and no home or children. I feel TurboTax might not be our best option anymore. Advice?

like
Posting as :
works at
You are currently posting as works at

Turbo tax should be still good for your situation unless you have a lot of investments, side income, or other income generating assets.

Nothing of note. Under 100k in crypto and under 100k in non-retirement stocks. I think I’m going to keep using TurboTax 👍. 🙏

Hey OP, I like the 50:50 crypto and stocks. I am trying to get to the same ratio.

Whats your allocation in crypto?

Mostly btc. Token amounts of xrp, eth, ltc bnc

Btw not sure how good this tax planning is, I am planning to park my crypto investments in roth ira because of the asymmetric bet.

definitely get a tax specialist if you exercise options, buy a home, open a side business, or do anything complicated. otherwise should be fine to use turbotax.

Related Posts

Recently purchased a home and starting the design process - planning to spend $70k on furniture in the next 6 months (sourcing through designer, not through big box retailers). What are the best credit cards out there right now with 0% APRs and rewards/cash back? Partner and I have excellent credit.

like

How do my fellow automotive fish feel about buying a used 911 4S convertible ? About 10 years old, maybe like 60k miles and up to 3 owners. Always wanted a nice car and honestly can’t afford a new 911 so thinking about this. Seeing some around 60-70k and plan to use for 5-7 years and hopefully then sell for about half (30-40 k). Is the idea feasible and anything I should be concerned about? Any tips (like model year / trim) would be greatly appreciated. Thanks

like

Does anyone invest in solar? Any ETFs I should check out?

like

Anyone know how to get into kpmg as an associate healthcare consultant? Don’t really see any open positions right now.

like

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

like

Does someone have information about Kearney Dubai. Would be highly interested in getting some insights about team events, benefits besides salary as well as hotels or flight classes. 

like

TCS have 18k cr to buy back the share at much higher price than market price but don't have mone to give decent hike.

upliftingsmart

Hi Everyone
Will anyone tell me the inhand for the following. And how to save taxes on the same.

Post Photo
like

Did anyone volunteer for leave of absence (loa) or partially loa? Would that bite you in the ass when being laid off in terms of unemployment benefits?

like

Interested in equity research (preferably in healthcare). Would like to anyone who can give me insight from day-day work, exit opps, and mifid!!!

like

Age 40 couple. $5M in investments. Paid off house. Annual expenses with two kids total $100k.

Are we ok to FIRE?

likefunny
like

Does anyone know how to declare in my individual tax return, RSA and Stock Options from a US Company that I have? Non exercised yet.

like

Why would this many cryptos drop at a similar time?

Post Photo
like

Any cybersecurity professionals from Wells Fargo,how is the company in terms for career growth, WLB, benefits, compensation and job satisfaction. I have accepted an offer from WF as it deemed fit and a good switch from SOC to an engineering profile. Looking to know more on the Cybersecurity space in Wells Fargo.

Role : Infosec eng.

Has anyone implemented an effective wellness program that they recommend?

Just had a mid-year review with my health insurance provider and my people aren't looking too healthy - a lot of high cholesterol, diabetes, and other issues that are commonly attributed to health choices.

Thanks in advance

like

What’s your best money saving/cutting back tip? I consider myself pretty good with saving and not spending on unnecessary things but always open to learning what works well for others!

like

Hey guys really interested in join Accenture. Have experience in healthcare start-ups and as a technology consultant . Would like some tips and help on how I can get an interview. Thanks for the help!

like

Any of you using TikTok to display your properties? I see it's working for some realtors and I am tempted to try.

like

Hi I’m wondering what other customer service specialists in healthcare make per hour? I’m severely underpaid and I work from home.

like

More Posts

Anybody with experience with H1 stamping after DUI?

like

Best way to get a consulting job in the U.S?

like

Help me or shoot me. I’m a 5th year lit associate drinking a scotch while finishing a brief, on a Friday night no less, and actually kind of enjoying it.

I’ve become everything I hate.

likefunny

I’m so bored… my girlfriend is out. I have no friends. I’m tired of getting stoned and playing smash bros. It’s saturday night! I should be having fun.

likeuplifting

Is it normal for an associate not to be on the website for a few years? I know someone who says he’s an associate at Latham and Watkins but he is not on the website.

like

So are big4 internships going to be cancelled this summer? I don't wanna believe it but is it possible businesses will open by June? Considering how bad things are now, and expected to worsen

like

Hi fishes how is wlb in mphasis?

like

Hello everyone ,I have a total of 3 years of experience, out of which, for the initial 2 years, I worked on MuleSoft Platform and from the last, one year, I have been working on Boomi Platform. I had an interest in the Full Stack domain and tried a lot to switch to it , but due to many hurdles couldn't able to switch . I switched to my current company hoping that they would put me into Full Stack as they promised, but unfortunately that didn't happen .

like

Can anyone in PWC’s Cyber Strategy and Transformation group give some insight on the work as well as the dynamic of that group ? Thanks in advance!

like
like

Looking for a health policy and advocacy position.

like

Anyone else still waiting on a refund from the IRS? It has been 24 days.

like

What are the standard fees for outsourcing consultancy work?
I've been working with a newly established consultancy business. Until now I've been paid day rates or project rates.
I've been invited to lead, build and manage the HR consultancy.
What are reasonable fee structures?
1. If they source work and give it to me to complete, what is a fair percentage?
2. If I source work and complete it, what should I 'pay' them given that it's under their 'brand'?

like

Hi everyone. Which political dynasty is your favorite - the Kennedy’s, Clinton’s, Bushes or the Trumps? And why is it the Trumps?

funnylike

How much should a Development
Engineer I working at a Hospital in
Boston getting paid? Mainly 3D
printing and design develop organic
trainers/devices for clinicians. Maybe
about 2 YOE with a BS in Mechanical
Engineering degree.

like

Why are lawyers so afraid of technology? Several years in and I’m still amazed at the number of fellow attorneys who refuse to use legal tech in their practice because they don’t “trust” it.

like

Nothing infuriates me more than seeing cops pull people over at the beginning of rush hour on the Beltway. Out of all the times to do traffic stops, 4:15 on one of the nations busiest freeways is not it.

likesmart

Do we have Software Engineer 1 and Software Engineer 2 as titles for Analyst in JMPC

like

As AI practitioners, what do we think about singularity and simulation theory? Have come to the recent profound thought that as a technology loving human, my purpose on earth is to push myself and my work closer towards the AI-Human synchrony (driverless cars, wearable tech, neuralink, smart home, etc)

like

2016 4C, 2019 mx-5, 2010 vantage, or other? Which should I get?

Additional Posts in Personal Investment Chatter

Recommendations for how to allocate 401k with Fidelity. Just switched jobs and have to move from Merrill Lynch to Fidelity

like

Age 40 couple. $5M in investments. Paid off house. Annual expenses with two kids total $100k.

Are we ok to FIRE?

likefunny

Has anyone shifted their bitcoin perspective? If so, why

like

Can I get some advice on my monthly savings breakdown?
Mortgage, bills, etc-$3000
Traditional 401K - $500 (6%)
Roth IRA - $500
High Interest Savings accounts - $900
Stocks - $400
Money Left over~1000$

Prices in west coast are crazy, can’t find a decent home for anything less than 1.3 to 1.5 M. Is it okay to go to for one with 400k annual comp dual income and 1M in savings. No other debts, we plan to buy a car, right now we spend 5000 on rent monthly.

like

I make decent money but I still feel poor and my sister says I’m too cheap and should spend money on nice things. Anyone struggled with this?

likefunny

Anyone buying or bought OCGN?

like

Best credit card to get with Amex gold? My college Discover card expires soon and am thinking of a different second card. Majority of my expenses are groceries first, dining second.

like

I’m holding some Chinese stocks - BABA and DIDI. Bleeding now. Should I hold or sell under the current situation with Chinese stocks? Value for DIDI down by close 50%.

like

Does it still makes sense to invest in ARKK?

like

Can I do backdoor Roth twice a year? Say $3,000 for each one. I want to do backdoor Roth but 6k is a lot at once, wanna spread it out over the year.

like

If Mark Zuckerberg has all his income being paid in stock, does that mean that he’s only taxed the 20% capital gains for when he sells his stock? Or are there other taxes he needs to pay too?

like

Any HYSA accepting direct deposits to recommend? I am starting new job soon and will finally be able to save money. Hoping to save my salary differential so direct deposit is a must. TIA!

like

My fellow 🐠 bowl investors: $AMC to the moon tomorrow!!

like

About to open a roth IRA. Can I just deposit 12k into it? 6k for 2020 and 6k for 2021. Or is there something special I need to do in order to differentiate the prior year contribution?

like

This might be a stupid question - is now a good time to rollover the lump sum from ex employers pension to my new employers 401k since the markets are down? Does it have the opportunity to grow more if I do it now, or is it all the same?

like

Any recommendations for refinancing your home? My plan was to get the Nerdwallet top results and go from there.

like